Analyst Ratings for Encana Corp. (ECA)

Updated: 2017-07-29

An average rating of Overweight has been given to Encana Corp. (NYSE:ECA) by analysts covering the stock. A consensus rating of Overweight was previously issued for ECA last month.

19 analysts declared ECA a buy, 1 gave an overweight rating, 8 issued a hold rating, 0 issued an underweight rating, and 2 issued a sell rating. Today, there are 5 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

Many analysts weighed in on price targets for ECA. The highest price target was 18, implying potential capital gains of 77.17 percent. The minimum price target given was 8, implying a possible loss of -21.26 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 7.14 percent. That number becomes -11.11 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 22.25 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 47.76 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts made negative revisions. Also over the last month, 5 analysts increased their estimates for the FY earnings, while 4 analysts decreased their estimates.

Analysts estimate earnings of ECA to grow at a rate of -66.09 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of ECA is -0.14.

ECA has traded between a high of 13.85 and a low of 7.59 over the past year. Currently the stock is 33.86 percent higher than its low, and 26.64 percent lower than its 52-week high. ECA has a P/E ratio of 8.95. Investors typically compare the P/E ratio to a company's peers in the industry. The ECA value stock report compares ECA to some of its peers using value stock charts. The market cap of ECA is $12.56 billion. ECA will post this quarters earnings in days, on 0000-00-00.