With 3.13 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.88 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 $9.36. With its current market cap of 17.72 billion, EC has annualized dividend of $0.75 while the current yield stands at 8.70%. 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 up-trending over the past week, with a rise of 9.39%, but this was down by -2.05% over a month. Three-month performance dropped to -12.04% while six-month performance rose 12.68%. The stock lost -26.16% in the past year, while it has gained 8.84% so far this year. A look at the trailing 12-month EPS for EC yields 1.65 with Next year EPS estimates of 1.51. For the next quarter, that number is 0.29. This implies an EPS growth rate of -10.88% for this year and -4.62% for next year. EPS is expected to decline by -7.65% 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.
