With 1.61 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.74 million shares. The 52-week range on EC shows that it touched its highest point at $12.59 and its lowest point at $7.21 during that stretch. It currently has a 1-year price target of $9.32. With its current market cap of 17.41 billion, EC has annualized dividend of $1.66 while the current yield stands at 19.59%. Beta for the stock currently stands at 0.94.
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 down-trending over the past week, with a drop of -0.47%, but this was down by -7.43% over a month. Three-month performance dropped to -18.79% while six-month performance rose 3.80%. The stock lost -30.69% in the past year, while it has gained 6.94% so far this year. A look at the trailing 12-month EPS for EC yields 1.65 with Next year EPS estimates of 1.52. For the next quarter, that number is 0.36. This implies an EPS growth rate of -8.49% for this year and -5.72% for next year. EPS is expected to decline by -5.80% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.92%.
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.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $8995.83875 being high and $6264.95913 being low. For EC, this leads to a yearly average estimate of $7429.59896.
