Ecopetrol Stock Target Price and Analyst Consensus

EC Stock  USD 10.80  0.23  2.09%   
The current analyst and expert consensus on Ecopetrol is Hold with 9 hold recommendations. The current projected Ecopetrol target price consensus is 12.93 with 12 analyst opinions. One of the most common ways Ecopetrol SA ADR analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Ecopetrol vendors, executives, and/or customers. Ecopetrol recommendation module provides expert sentiment on the projected Ecopetrol SA ADR target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Ecopetrol to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
11.77
Highest Forecast
14.35
Target Price
12.93
At present, Ecopetrol's Net Profit Margin is projected to slightly decrease based on the last few years of reporting. The current year's Gross Profit Margin is expected to grow to 0.40, whereas Gross Profit is forecasted to decline to about 23.4 T. At present, Ecopetrol's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 15 T, whereas Total Stockholder Equity is forecasted to decline to about 57.1 T.
  
It's important to approach Ecopetrol's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Ecopetrol Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ecopetrol target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Ecopetrol's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   12  Hold
Most Ecopetrol analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Ecopetrol stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Ecopetrol SA ADR, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Ecopetrol Target Price Projection

Ecopetrol's current and average target prices are 10.80 and 12.93, respectively. The current price of Ecopetrol is the price at which Ecopetrol SA ADR is currently trading. On the other hand, Ecopetrol's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Ecopetrol Market Quote on 18th of March 2024

Low Price10.76Odds
High Price11.12Odds

10.8

Target Price

Analyst Consensus On Ecopetrol Target Price

Low Estimate11.77Odds
High Estimate14.35Odds

12.93

Historical Lowest Forecast  11.77 Target Price  12.93 Highest Forecast  14.35
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Ecopetrol SA ADR and the information provided on this page.

Ecopetrol Analyst Ratings

Ecopetrol's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Ecopetrol stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Ecopetrol's financials, market performance, and future outlook by experienced professionals. Ecopetrol's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Ecopetrol price targets

Ecopetrol's stock target price is an estimate of its future price, usually made by analysts. Using Ecopetrol's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Ecopetrol's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Ecopetrol's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Ecopetrol Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Ecopetrol is a key component of Ecopetrol valuation and have some predictive power on the future returns of a Ecopetrol.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ecopetrol's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Ecopetrol in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
9.4411.0212.60
Details
Intrinsic
Valuation
LowRealHigh
10.5212.1013.68
Details
Naive
Forecast
LowNextHigh
9.5411.1212.70
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.350.490.60
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ecopetrol. Your research has to be compared to or analyzed against Ecopetrol's peers to derive any actionable benefits. When done correctly, Ecopetrol's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ecopetrol SA ADR.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Giant Impact Idea
Giant Impact
Invested over 500 shares
Macroaxis Index Idea
Macroaxis Index
Invested over 10K shares
Mid Cap ETFs Idea
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Invested over 100 shares
When determining whether Ecopetrol SA ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ecopetrol's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ecopetrol Sa Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ecopetrol Sa Adr Stock:
Check out Macroaxis Advice on Ecopetrol to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Note that the Ecopetrol SA ADR information on this page should be used as a complementary analysis to other Ecopetrol's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Ecopetrol Stock analysis

When running Ecopetrol's price analysis, check to measure Ecopetrol's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ecopetrol is operating at the current time. Most of Ecopetrol's value examination focuses on studying past and present price action to predict the probability of Ecopetrol's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecopetrol's price. Additionally, you may evaluate how the addition of Ecopetrol to your portfolios can decrease your overall portfolio volatility.
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The data published in Ecopetrol's official financial statements usually reflect Ecopetrol's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ecopetrol SA ADR. For example, before you start analyzing numbers published by Ecopetrol accountants, it's critical to develop an understanding of what Ecopetrol's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Ecopetrol's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ecopetrol's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ecopetrol's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ecopetrol SA ADR. Please utilize our Beneish M Score to check the likelihood of Ecopetrol's management manipulating its earnings.