After finishing at $12.04 in the prior trading day, Ecopetrol SA ADR (NYSE: EC) closed at $12.10, up 0.50%. In other words, the price has increased by $+0.06 from its previous closing price. On the day, 1579565 shares were traded.
Ratios:
Our goal is to gain a better understanding of EC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.30. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 1.35 whereas as Long-Term Debt/Eq ratio is at 1.15.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on March 04, 2024, Downgraded its rating to Underweight and sets its target price to $8.50 from $11 previously.
On September 21, 2023, Jefferies started tracking the stock assigning a Underperform rating and target price of $11.20.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EC now has a Market Capitalization of 24.72B and an Enterprise Value of 50.65B. As of this moment, Ecopetrol’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.64, and their Forward P/E ratio for the next fiscal year is 5.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 0.00 whereas that against EBITDA is 0.00.
Stock Price History:
Over the past 52 weeks, EC has reached a high of $12.87, while it has fallen to a 52-week low of $8.30. The 50-Day Moving Average of the stock is 11.54, while the 200-Day Moving Average is calculated to be 11.70.
Shares Statistics:
The stock has traded on average 2.00M shares per day over the past 3-months and 2.93M shares per day over the last 10 days, according to various share statistics. A total of 2.06B shares are outstanding, with a floating share count of 2.06B. Insiders hold about 0.00% of the company’s shares, while institutions hold 1.69% stake in the company. Shares short for EC as of Mar 15, 2024 were 8.15M with a Short Ratio of 4.08, compared to 8.12M on Feb 15, 2024.
Dividends & Splits
In the trailing 12 months, EC’s forward annual dividend rate was 0.00, compared to 3.30 this year. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 28.24%. The stock’s 5-year Average Dividend Yield is 8.17.
Earnings Estimates
Its stock is currently analyzed by 5 different market analysts. On average, analysts expect EPS of $0.59 for the current quarter, with a high estimate of $0.8 and a low estimate of $0.45, while EPS last year was $0.58. The consensus estimate for the next quarter is $0.65, with high estimates of $1.08 and low estimates of $0.51.
Analysts are recommending an EPS of between $3.7 and $1.95 for the fiscal current year, implying an average EPS of $2.35. EPS for the following year is $2.07, with 6 analysts recommending between $2.43 and $1.71.
Revenue Estimates
2 analysts predict $8.71B in revenue for the current quarter. It ranges from a high estimate of $9.44B to a low estimate of $7.99B. As of the current estimate, Ecopetrol SA ADR’s year-ago sales were $6.46B, an estimated increase of 34.80% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $9B, an increase of 4.30% less than the figure of $34.80% in the same quarter last year. There is a high estimate of $9.42B for the next quarter, whereas the lowest estimate is $8.59B.
A total of 6 analysts have provided revenue estimates for EC’s current fiscal year. The highest revenue estimate was $38.84B, while the lowest revenue estimate was $31.97B, resulting in an average revenue estimate of $34.51B. In the same quarter a year ago, actual revenue was $33.13B, up 4.20% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $34B in the next fiscal year. The high estimate is $37.31B and the low estimate is $30.76B. The average revenue growth estimate for next year is down -1.50% from the average revenue estimate for this year.
