Hot Stock Overview: Ecopetrol SA (NYSE:EC)

Ecopetrol SA (NYSE:EC) belonging to the Oils-Energy sector has surged 2.63% and closed its last trading session at $8.97.

The company reported its EPS on 11/15/2016. Currently, the stock has a 1 Year Price Target of $8.25.

The consensus recommendation, according to Zacks Investment research, is 3.17. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 3.14 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 3.14 and 3.17 respectively.

Ecopetrol SA on 11/15/2016 reported its EPS as $0.29 with the analysts projecting the EPS of the stock as $0.2. The company beat the analyst EPS Estimate with the difference of $0.09. This shows a surprise factor of 45%.

Analysts are also projecting an Average Revenue Estimate for Ecopetrol SA as $4.41 Billion in the Current Quarter. This estimate is provided by 4 analysts. The High Revenue estimate is predicted as 5.23 Billion, while the Low Revenue Estimate prediction stands at 4.29 Billion. The company’s last year sales total was 9.47 Billion.

The Company got Upgrade by Deutsche Bank on 7-Dec-16 from Hold to Buy.

15 analysts projected Price Targets for Ecopetrol SA. The analysts believe that the company stock price could grow as high as $12. The Low Price target projection by analysts is $4 and the Mean Price Target is $8.25.

Ecopetrol SA (NYSE:EC) has the market capitalization of $18.35 Billion. The company rocked its 52-Week High of $10.29 on Apr 28, 2016 and touched its 52-Week Low of $5.16 on Jan 20, 2016. The stock has Return on Assets (ROA) of -4.3 percent. Return on Equity (ROE) stands at -11.2% and Return on Investment (ROI) of 0.9 percent.

The stock is currently showing YTD performance of 27.96 Percent. The company has Beta Value of 1.19 and ATR value of 0.29. The Weekly and Monthly Volatility stands at 2.79% and 2.85%.

Company profile:

ECOPETROL S.A. is a Colombia-based petroleum company. The Company is focused on identifying opportunities primarily within the eastern Llanos Basin of Colombia, as well as in other areas in Colombia and northern Peru. The Company’s operation includes the extraction, collection, treatment, storage and pumping or compression of hydrocarbons. Ecopetrol has four management divisions to handle the operation of 163 production fields. Ecopetrol’s production is concentrated in the upper, middle and lower Magdalena, the Eastern Plans and the Caribbean, and the provinces of Putumayo, Cesar and Norte de Santander.