Is Ecopetrol Stock a Good Investment?
Ecopetrol Investment Advice | EC |
- Examine Ecopetrol's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Ecopetrol's leadership team and their track record. Good management can help Ecopetrol navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil, Gas & Consumable Fuels space and any emerging trends that could impact Ecopetrol's business and its evolving consumer preferences.
- Compare Ecopetrol's performance and market position to its competitors. Analyze how Ecopetrol is positioned in terms of product offerings, innovation, and market share.
- Check if Ecopetrol pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Ecopetrol's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Ecopetrol SA ADR stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Ecopetrol SA ADR is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Ecopetrol Stock
Researching Ecopetrol's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company has price-to-book (P/B) ratio of 1.03. Some equities with similar Price to Book (P/B) outperform the market in the long run. Ecopetrol SA ADR has Price/Earnings To Growth (PEG) ratio of 0.3. The entity last dividend was issued on the 25th of June 2024.
To determine if Ecopetrol is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Ecopetrol's research are outlined below:
Ecopetrol SA ADR generated a negative expected return over the last 90 days | |
Ecopetrol SA ADR has a strong financial position based on the latest SEC filings | |
Latest headline from aol.com: Latin America gears up for clean hydrogen boom but the road is not smooth |
Ecopetrol Quarterly Liabilities And Stockholders Equity |
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Ecopetrol uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Ecopetrol SA ADR. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ecopetrol's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
3rd of April 2024 Upcoming Quarterly Report | View | |
8th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
3rd of April 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Ecopetrol's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Ecopetrol's investors have experienced.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2020-08-04 | 2020-06-30 | 0.02 | 0.003 | -0.017 | 85 | ||
2017-08-08 | 2017-06-30 | 0.19 | 0.22 | 0.03 | 15 | ||
2015-05-12 | 2015-03-31 | 0.08 | 0.03 | -0.05 | 62 | ||
2023-08-08 | 2023-06-30 | 0.51 | 0.45 | -0.06 | 11 | ||
2020-10-27 | 2020-09-30 | 0.17 | 0.11 | -0.06 | 35 | ||
2019-11-12 | 2019-09-30 | 0.5 | 0.44 | -0.06 | 12 | ||
2017-11-07 | 2017-09-30 | 0.23 | 0.16 | -0.07 | 30 | ||
2019-05-07 | 2019-03-31 | 0.35 | 0.43 | 0.08 | 22 |
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 ValuationEcopetrol Target Price Projection
Ecopetrol's current and average target prices are 9.02 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.Target Price
Analyst Consensus On Ecopetrol Target Price
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.Know Ecopetrol's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Ecopetrol is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ecopetrol SA ADR backward and forwards among themselves. Ecopetrol's institutional investor refers to the entity that pools money to purchase Ecopetrol's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Citadel Advisors Llc | 2024-06-30 | 335.3 K | State Street Corp | 2024-06-30 | 314.2 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 295.5 K | American Century Companies Inc | 2024-06-30 | 272.1 K | Charles Schwab Investment Management Inc | 2024-06-30 | 234.8 K | Schonfeld Strategic Advisors Llc | 2024-06-30 | 225.6 K | Penserra Capital Management, Llc | 2024-06-30 | 222.7 K | Capital Wealth Planning, Llc | 2024-06-30 | 222.7 K | Bank Of America Corp | 2024-06-30 | 218.9 K | Gqg Partners Llc | 2024-06-30 | 12.3 M | Vanguard Group Inc | 2024-06-30 | 3.1 M |
Ecopetrol's market capitalization trends
The company currently falls under 'Large-Cap' category with a market capitalization of 18.48 B.Market Cap |
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Ecopetrol's profitablity analysis
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.08 | 0.10 | |
Return On Capital Employed | 0.10 | 0.19 | |
Return On Assets | 0.07 | 0.10 | |
Return On Equity | 0.27 | 0.14 |
Determining Ecopetrol's profitability involves analyzing its financial statements and using various financial metrics to determine if Ecopetrol is a good buy. For example, gross profit margin measures Ecopetrol's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Ecopetrol's profitability and make more informed investment decisions.
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. Please utilize our Beneish M Score to check the likelihood of Ecopetrol's management manipulating its earnings.
Evaluate Ecopetrol's management efficiency
Ecopetrol SA ADR has Return on Asset (ROA) of 0.079 % which means that for every $100 of assets, it generated a profit of $0.079. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.205 %, which means that it produced $0.205 on every 100 dollars invested by current stockholders. Ecopetrol's management efficiency ratios could be used to measure how well Ecopetrol manages its routine affairs as well as how well it operates its assets and liabilities. At present, Ecopetrol's Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.1, whereas Return On Equity is forecasted to decline to 0.14. At present, Ecopetrol's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 20.8 T, whereas Non Current Assets Total are forecasted to decline to about 111 T.Last Reported | Projected for Next Year | ||
Book Value Per Share | 50.1 K | 52.7 K | |
Tangible Book Value Per Share | 40.6 K | 21.9 K | |
Enterprise Value Over EBITDA | 5.06 | 6.11 | |
Price Book Value Ratio | 1.21 | 2.37 | |
Enterprise Value Multiple | 5.06 | 6.11 | |
Price Fair Value | 1.21 | 2.37 | |
Enterprise Value | 188.4 T | 111 T |
The analysis of Ecopetrol's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Ecopetrol's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Ecopetrol Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.3335 | Forward Dividend Yield 0.3335 | Forward Dividend Rate 3 | Beta 0.675 |
Basic technical analysis of Ecopetrol Stock
As of the 5th of October, Ecopetrol shows the Variance of 2.93, standard deviation of 1.71, and Mean Deviation of 1.25. Ecopetrol SA ADR technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Ecopetrol's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ecopetrol insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ecopetrol's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ecopetrol insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Perry Barry W over a week ago Disposition of 185808 shares by Perry Barry W of Ecopetrol at 28.95 subject to Rule 16b-3 | ||
Wolynic Edward T over two weeks ago Disposition of 18091 shares by Wolynic Edward T of Ecopetrol at .0 subject to Rule 16b-3 | ||
Napier James V over a month ago Disposition of 3000 shares by Napier James V of Ecopetrol at 17.81 subject to Rule 16b-3 | ||
Wolynic Edward T over three months ago Disposition of 15208 shares by Wolynic Edward T of Ecopetrol at 28.64 subject to Rule 16b-3 | ||
Napier James V over three months ago Acquisition by Napier James V of tradable shares of Ecopetrol at 40.02 subject to Rule 16b-3 |
Ecopetrol's Outstanding Corporate Bonds
Ecopetrol issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ecopetrol SA ADR uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Ecopetrol bonds can be classified according to their maturity, which is the date when Ecopetrol SA ADR has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
HSBC Holdings PLC Corp BondUS404280DR76 | View | |
ECOPETROL S A Corp BondUS279158AE95 | View | |
Ecopetrol SA 4125 Corp BondUS279158AK55 | View | |
ECOPETROL S A Corp BondUS279158AJ82 | View | |
ECOPETROL S A Corp BondUS279158AL39 | View | |
Ecopetrol SA 4625 Corp BondUS279158AP43 | View | |
ECOPET 5875 02 NOV 51 Corp BondUS279158AQ26 | View | |
ECOPET 8875 13 JAN 33 Corp BondUS279158AS81 | View |
Understand Ecopetrol's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Ecopetrol's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
Risk Adjusted Performance | (0.15) | |||
Market Risk Adjusted Performance | (0.35) | |||
Mean Deviation | 1.25 | |||
Coefficient Of Variation | (531.18) | |||
Standard Deviation | 1.71 | |||
Variance | 2.93 | |||
Information Ratio | (0.26) | |||
Jensen Alpha | (0.43) | |||
Total Risk Alpha | (0.56) | |||
Treynor Ratio | (0.36) | |||
Maximum Drawdown | 9.51 | |||
Value At Risk | (3.33) | |||
Potential Upside | 2.34 | |||
Skewness | (0.57) | |||
Kurtosis | 1.35 |
Risk Adjusted Performance | (0.15) | |||
Market Risk Adjusted Performance | (0.35) | |||
Mean Deviation | 1.25 | |||
Coefficient Of Variation | (531.18) | |||
Standard Deviation | 1.71 | |||
Variance | 2.93 | |||
Information Ratio | (0.26) | |||
Jensen Alpha | (0.43) | |||
Total Risk Alpha | (0.56) | |||
Treynor Ratio | (0.36) | |||
Maximum Drawdown | 9.51 | |||
Value At Risk | (3.33) | |||
Potential Upside | 2.34 | |||
Skewness | (0.57) | |||
Kurtosis | 1.35 |
Consider Ecopetrol's intraday indicators
Ecopetrol intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ecopetrol stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Ecopetrol Corporate Filings
6K | 2nd of October 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
26th of September 2024 Other Reports | ViewVerify |
Ecopetrol Stock media impact
Far too much social signal, news, headlines, and media speculation about Ecopetrol that are available to investors today. That information is available publicly through Ecopetrol media outlets and privately through word of mouth or via Ecopetrol internal channels. However, regardless of the origin, that massive amount of Ecopetrol data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Ecopetrol news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Ecopetrol relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Ecopetrol's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Ecopetrol alpha.
Ecopetrol Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Ecopetrol can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Ecopetrol SA ADR Historical Investor Sentiment
Investor biases related to Ecopetrol's public news can be used to forecast risks associated with an investment in Ecopetrol. The trend in average sentiment can be used to explain how an investor holding Ecopetrol can time the market purely based on public headlines and social activities around Ecopetrol SA ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ecopetrol's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ecopetrol and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Ecopetrol news discussions. The higher the estimate score, the more favorable the investor's outlook on Ecopetrol.
Ecopetrol Corporate Directors
Carlos Sanz | Independent Director | Profile | |
Hernando Plazas | Independent Director | Profile | |
Santiago Maldonado | Independent Director | Profile | |
Maria Escobar | Director - Corporate Finance and Investor Relations | Profile |
Additional Information and Resources on Investing in Ecopetrol Stock
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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecopetrol SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ecopetrol. If investors know Ecopetrol will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ecopetrol listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.17) | Dividend Share 278 | Earnings Share 2.17 | Revenue Per Share 32.6 K | Quarterly Revenue Growth (0.05) |
The market value of Ecopetrol SA ADR is measured differently than its book value, which is the value of Ecopetrol that is recorded on the company's balance sheet. Investors also form their own opinion of Ecopetrol's value that differs from its market value or its book value, called intrinsic value, which is Ecopetrol's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ecopetrol's market value can be influenced by many factors that don't directly affect Ecopetrol's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Ecopetrol's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Ecopetrol is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecopetrol's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.