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.

A number of analysts gave price targets for ECA. The most optimistic analyst gave a price target of 18, implying potential capital gains of 77.17 percent. The lowest price target was 8, implying a possible loss of -21.26 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 7.14 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -11.11 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 22.25 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 47.76 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 3 analysts increased their quarterly estimates, 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.

ECA has an estimated earnings growth rate of -66.09 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. ECA has a PEG ratio of -0.14.

ECA has a 52-week high of 13.85 and a 52-week low of 7.59. The current market price is above the trailing year's low by 33.86 percent, and 26.64 percent below the 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 stock has a market capitalization of $12.56 billion. ECA's next earnings release will be on 0000-00-00, which is days away.