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Tuesday, January 31, 2023

Insights Into Ecopetrol S.A. (EC) Exposure By Institutions

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Ecopetrol S.A. (EC) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.05, or -0.43%, to $11.50. The Ecopetrol S.A. has recorded 7,970 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Ecopetrol informs a petition on the Collective Bargaining Agreement.


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Stocks Info

Ecopetrol S.A. is listed on the NYSE in the Energy sector while operating in the Oil & Gas Integrated industry. At the end of the last regular session, the stock closed at $11.55 and fluctuated between $11.68 as its day high and $11.32 as its day low. The current market capitalization of Ecopetrol S.A. is $22.10B. A total of 3.8 million shares were traded on the day, compared to an average of 2.43M shares.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Ecopetrol S.A. pays an annual dividend of $2.26, resulting in a dividend yield of 19.55%, and it has a price to earnings (P/E) ratio of 3.61. EC’s most recent ex-dividend date was 6/28/2022 when it declared a $0.7970 quarterly dividend that was paid in cash on 7/8/2022. Previously, the company paid the dividend on 4/28/2022 with an ex-dividend date of 4/19/2022. The EC stock dividend was $1.3790 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for EC in the last 3 months, the mean price target is $62,540.34 with high estimates of $81,037.98 and low estimates of $50,420.00. In terms of 52-week highs and lows, EC has a high of $18.47 and a low of $8.59.

As of this writing, EC has an earnings estimate of $0.88 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $1.01 per share and a lower estimate of $0.82. The company reported an EPS of $0.48 in the last quarter, which was -20.00% lower than expectations of $0.6.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 12 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EC is Hold with a score of 4.00. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 9 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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