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NYSE: EC
Ecopetrol Sa Stock Forecast, Predictions & Price Target

Analyst price target for EC

Based on 1 analyst offering 12 month price targets for Ecopetrol Sa.
Min Forecast
$12.40+14.6%
Avg Forecast
$12.40+14.6%
Max Forecast
$12.40+14.6%

Should I buy or sell EC stock?

Based on 1 analyst offering ratings for Ecopetrol Sa.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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EC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Goldman Sachs
Top 13%
88
HoldMaintains$12.40+15.67%2023-01-27
Anonymous
UBS
Strong BuyMaintains$13.00+21.27%2022-12-21

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Forecast return on equity

Is EC forecast to generate an efficient return?
Company
603.14%
Industry
42.05%
Market
47.84%
EC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is EC forecast to generate an efficient return on assets?
Company
170.4%
Industry
15.13%
EC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

EC earnings per share forecast

What is EC's earnings per share in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$3.05+63.1%
Avg 2 year Forecast
$2.67+42.78%
EC's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

EC revenue forecast

What is EC's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$35.2B+56.08%
Avg 2 year Forecast
$31.3B+38.46%
EC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

EC earnings growth forecast

How is EC forecast to perform vs Oil & Gas Integrated companies and vs the US market?
Company
50.77%
Industry
471.77%
Market
84.98%
EC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
EC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
EC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

EC revenue growth forecast

How is EC forecast to perform vs Oil & Gas Integrated companies and vs the US market?
Company
44.27%
Industry
8.82%
Market
70.63%
EC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
EC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

EC vs Oil & Gas Integrated Stocks

TickerPricePrice TargetUp/downsideConsensus
EC$10.72$12.40+15.67%Hold
IMO$50.37$56.00+11.18%Hold
SSL$17.39$28.70+65.04%Strong Buy
YPF$11.18$5.80-48.12%Strong Sell
CVE$18.65$32.33+73.37%Buy

Ecopetrol Sa Stock Forecast FAQ

Is Ecopetrol Sa Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: EC) stock is to Hold EC stock.

Out of 1 analyst, 0 (0%) are recommending EC as a Strong Buy, 0 (0%) are recommending EC as a Buy, 1 (100%) are recommending EC as a Hold, 0 (0%) are recommending EC as a Sell, and 0 (0%) are recommending EC as a Strong Sell.

If you're new to stock investing, here's how to buy Ecopetrol Sa stock.

What is EC's earnings growth forecast for 2023-2024?

(NYSE: EC) Ecopetrol Sa's forecast annual earnings growth rate of 50.77% is not forecast to beat the US Oil & Gas Integrated industry's average forecast earnings growth rate of 471.77%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 84.98%.

Ecopetrol Sa's earnings in 2023 is $4,158,909,057.On average, 3 Wall Street analysts forecast EC's earnings for 2023 to be $125,405,918,805, with the lowest EC earnings forecast at $97,446,566,415, and the highest EC earnings forecast at $143,908,431,415.

In 2024, EC is forecast to generate $109,781,574,822 in earnings, with the lowest earnings forecast at $100,324,735,044 and the highest earnings forecast at $119,238,414,601.

What is EC's revenue growth forecast for 2023-2024?

(NYSE: EC) Ecopetrol Sa's forecast annual revenue growth rate of 44.27% is forecast to beat the US Oil & Gas Integrated industry's average forecast revenue growth rate of 8.82%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 70.63%.

Ecopetrol Sa's revenue in 2023 is $24,418,306,580.On average, 2 Wall Street analysts forecast EC's revenue for 2023 to be $1,448,516,154,978,328, with the lowest EC revenue forecast at $1,372,442,786,563,395, and the highest EC revenue forecast at $1,524,589,523,393,262.

In 2024, EC is forecast to generate $1,284,985,397,772,946 in revenue, with the lowest revenue forecast at $1,280,453,639,034,299 and the highest revenue forecast at $1,289,517,156,511,594.

What is EC's forecast return on assets (ROA) for 2023-2024?

(NYSE: EC) forecast ROA is 170.4%, which is higher than the forecast US Oil & Gas Integrated industry average of 15.13%.

What is EC's Price Target?

According to 1 Wall Street analyst that have issued a 1 year EC price target, the average EC price target is $12.40, with the highest EC stock price forecast at $12.40 and the lowest EC stock price forecast at $12.40.

The Wall Street analyst predicted that Ecopetrol Sa's share price could reach $12.40 by Jan 27, 2024. The average Ecopetrol Sa stock price prediction forecasts a potential upside of 15.67% from the current EC share price of $10.72.

What is EC's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: EC) Ecopetrol Sa's current Earnings Per Share (EPS) is $2.02. On average, analysts forecast that EC's EPS will be $3.05 for 2023, with the lowest EPS forecast at $2.37, and the highest EPS forecast at $3.50. In 2024, EC's EPS is forecast to hit $2.67 (min: $2.44, max: $2.90).

What is EC's forecast return on equity (ROE) for 2023-2024?

(NYSE: EC) forecast ROE is 603.14%, which is considered strong.
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