With 7.23 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.25 million shares. During the session, the Oil & Gas Integrated company that operates in wider Energy sector, reached to the highest price of $7.86 whereas the lowest price it dropped to was $7.47. The 52-week range on EC shows that it touched its highest point at $12.78 and its lowest point at $7.21 during that stretch. It currently has a 1-year price target of $9.65. With its current market cap of 15.89 billion, EC has annualized dividend of $2.40 while the current yield stands at 31.00%. Beta for the stock currently stands at 1.21.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EC was up-trending over the past week, with a rise of 1.05%, but this was down by -6.19% over a month. Three-month performance dropped to -25.46% while six-month performance fell -35.33%. The stock lost -34.01% in the past year, while it has lost -34.27% so far this year. A look at the trailing 12-month EPS for EC yields 2.03 with Next year EPS estimates of 1.67. For the next quarter, that number is 0.36. This implies an EPS growth rate of -14.18% for this year and -7.35% for next year.
Float and Shares Shorts:
At present, 2.06 billion EC shares are outstanding with a float of 2.06 billion shares on hand for trading. On 2024-10-31, short shares totaled 14.23 million, which was 69.0 higher than short shares on 1727654400. In addition to Mr. Ricardo Roa Barragan as the firm’s Chief Executive Officer, Dr. Alfonso Camilo Barco Munoz serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.013409999 of EC’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, EC reported revenue of $32627000000000.0 and operating income of $9535000000000.0. The EBITDA in the recently reported quarter was $9535000000000.0 and diluted EPS was $1642.155346.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EC since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With EC analysts setting a high price target of 12.4 and a low target of 7.5, the average target price over the next 12 months is 9.8. Based on these targets, EC could surge 60.41% to reach the target high and fall by -2.98% to reach the target low. Reaching the average price target will result in a growth of 26.78% from current levels.
Analysts have provided yearly estimates in a range of $8598.4383 being high and $5199.05571 being low. For EC, this leads to a yearly average estimate of $7038.72158. The surprise factor in the prior quarter was $0.49. Based on analyst estimates, the high estimate for the next quarter is $0.35 and the low estimate is $0.35. The average estimate for the next quarter is thus $0.35.
