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 maximum price target given was 18, which equates to a potential upside of 77.17 percent. The most pessimistic analyst gave a price target of 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 7.14 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -11.11 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 22.25 percent. 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. Over the past month, 3 analysts increased their quarterly estimates, while 3 analysts revised their estimates downwards. Also over the last month, 5 analysts increased their estimates for the FY earnings, while 4 analysts decreased their estimates.

The growth rate of ECA's earnings is estimated by analysts to be -66.09 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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 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's next earnings release will be on 0000-00-00, which is days away.