Analyst Ratings for Ecopetrol S.A. ADR (EC)

Updated: 2017-07-29

Ecopetrol S.A. ADR (NYSE:EC) was awarded an average rating of Underweight from investment analysts following the stock. About 30 days ago, EC was issued an average rating of Underweight.

A buy rating was issued by 1 analysts, 0 gave an overweight rating, 6 issued a hold rating, 2 gave an underweight rating, and 5 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 2 in the number of analysts with a negative outlook on the stock.

EC was given price targets by several analysts. The most optimistic analyst gave a price target of 11, implying potential capital gains of 17.65 percent. The minimum price target given was 7.34, which equates to a potential downside of -21.5 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -10.69 percent. That number becomes -0.44 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -7.56 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -14.75 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.

The growth rate of EC's earnings is estimated by analysts to be 104.6 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. EC has a PEG ratio of 0.26.

EC has a 52-week high of 10.36 and a 52-week low of 7.65. Today's price is 22.22 percent above the 52-week low, and 9.75 percent lower than its 52-week high. EC has a price/earnings ratio of 27.13. Investors typically compare the P/E ratio to a company's peers in the industry. The EC value stock report compares EC to some of its peers using value stock charts. The stock has a market capitalization of $19.17 billion. EC's next earnings release will be on 0000-00-00, which is days away.