Okeanis Eco Tankers (ECO) Stock Forecast, Price Target & Predictions


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ECO Stock Forecast


Okeanis Eco Tankers stock forecast is as follows: an average price target of $44.00 (represents a 79.15% upside from ECO’s last price of $24.56) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

ECO Price Target


The average price target for Okeanis Eco Tankers (ECO) is $44.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $44.00 to $44.00. This represents a potential 79.15% upside from ECO's last price of $24.56.

ECO Analyst Ratings


Buy

According to 1 Wall Street analysts, Okeanis Eco Tankers's rating consensus is 'Buy'. The analyst rating breakdown for ECO stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Okeanis Eco Tankers Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 16, 2024Liam BurkeB.Riley Financial$44.00$34.8926.11%79.15%
Apr 16, 2024Liam BurkeB.Riley Financial$38.00$30.4824.67%54.72%
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The latest Okeanis Eco Tankers stock forecast, released on May 16, 2024 by Liam Burke from B.Riley Financial, set a price target of $44.00, which represents a 26.11% increase from the stock price at the time of the forecast ($34.89), and a 79.15% increase from ECO last price ($24.56).

Okeanis Eco Tankers Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$41.00
Last Closing Price$24.56$24.56$24.56
Upside/Downside-100.00%-100.00%66.94%

In the current month, the average price target of Okeanis Eco Tankers stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Okeanis Eco Tankers's last price of $24.56. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
May 17, 2024B. RileyBuyBuyHold
Apr 16, 2024B. Riley-BuyInitialise
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Okeanis Eco Tankers's last stock rating was published by B. Riley on May 17, 2024. The company gave ECO a "Buy" rating, the same as its previous rate.

Okeanis Eco Tankers Financial Forecast


Okeanis Eco Tankers Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Revenue--------$91.67M$89.07M$119.81M$112.55M$110.24M$69.21M$49.87M$41.65M$34.98M$38.67M$47.37M$47.97M--------
Avg Forecast$102.00M$64.00M$74.00M$78.65M$53.64M$51.22M$72.43M$77.89M$58.20M$65.27M$83.14M$99.99M$49.86M$49.86M$33.38M$25.59M$26.61M$26.50M$38.13M$38.99M$42.34M$44.83M$69.15M$70.89M$48.00M$21.86M$13.01M$14.51M
High Forecast$102.17M$64.11M$74.12M$78.78M$53.73M$53.97M$72.43M$77.89M$58.29M$65.38M$83.28M$100.15M$49.94M$49.86M$33.38M$25.59M$26.61M$26.50M$38.13M$38.99M$42.34M$44.83M$69.15M$70.89M$48.00M$21.86M$13.01M$14.51M
Low Forecast$101.83M$63.89M$73.88M$78.52M$53.55M$48.46M$72.43M$77.89M$58.10M$65.16M$83.01M$99.82M$49.78M$49.86M$33.38M$25.59M$26.61M$26.50M$38.13M$38.99M$42.34M$44.83M$69.15M$70.89M$48.00M$21.86M$13.01M$14.51M
# Analysts1111111111111111111111111111
Surprise %--------1.58%1.36%1.44%1.13%2.21%1.39%1.49%1.63%1.31%1.46%1.24%1.23%--------

Okeanis Eco Tankers's average Quarter revenue forecast for Mar 24 based on 1 analysts is $77.89M, with a low forecast of $77.89M, and a high forecast of $77.89M. ECO's average Quarter revenue forecast represents a -15.04% decrease compared to the company's last Quarter revenue of $91.67M (Dec 23).

Okeanis Eco Tankers EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts1111111111111111111111111111
EBITDA--------$44.19M$45.79M$78.68M$76.01M$68.13M$37.39M$24.69M$16.23M$11.85M$11.29M$22.23M$25.17M--------
Avg Forecast$56.73M$35.60M$41.16M$43.75M$29.83M$28.49M$40.29M$43.32M$32.37M$36.30M$46.25M$55.61M$27.73M$26.84M$17.97M$13.78M$14.32M$14.26M$20.52M$20.98M$22.79M$24.13M$37.22M$38.16M$25.84M$11.77M$7.00M$7.81M
High Forecast$56.83M$35.66M$41.23M$43.82M$29.88M$30.02M$40.29M$43.32M$32.42M$36.36M$46.32M$55.71M$27.78M$26.84M$17.97M$13.78M$14.32M$14.26M$20.52M$20.98M$22.79M$24.13M$37.22M$38.16M$25.84M$11.77M$7.00M$7.81M
Low Forecast$56.64M$35.54M$41.09M$43.67M$29.78M$26.96M$40.29M$43.32M$32.32M$36.24M$46.17M$55.52M$27.69M$26.84M$17.97M$13.78M$14.32M$14.26M$20.52M$20.98M$22.79M$24.13M$37.22M$38.16M$25.84M$11.77M$7.00M$7.81M
Surprise %--------1.37%1.26%1.70%1.37%2.46%1.39%1.37%1.18%0.83%0.79%1.08%1.20%--------

1 analysts predict ECO's average Quarter EBITDA for Mar 24 to be $43.32M, with a high of $43.32M and a low of $43.32M. This is -1.97% lower than Okeanis Eco Tankers's previous annual EBITDA (Dec 23) of $44.19M.

Okeanis Eco Tankers Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts1111111111111111111111111111
Net Income--------$21.26M$19.45M$52.94M$51.60M$48.43M$18.91M$7.94M$9.28M$4.54M$-4.71M$-8.08M$7.34M--------
Avg Forecast$64.39M$26.72M$36.91M$43.53M$16.22M$13.89M$33.16M$38.54M$19.78M$27.80M$42.54M$56.95M$16.74M$16.74M$6.01M$-476.99K$799.48K$-1.06M$6.11M$5.16M$8.01M$10.00M$29.97M$31.00M$12.54M$-2.57M$-3.54M$-172.24K
High Forecast$64.53M$26.78M$36.99M$43.63M$16.26M$13.92M$33.16M$38.54M$19.83M$27.86M$42.63M$57.07M$16.78M$16.74M$6.01M$-476.99K$799.48K$-1.06M$6.11M$5.16M$8.01M$10.00M$29.97M$31.00M$12.54M$-2.57M$-3.54M$-172.24K
Low Forecast$64.25M$26.66M$36.83M$43.44M$16.19M$13.86M$33.16M$38.54M$19.74M$27.74M$42.44M$56.83M$16.70M$16.74M$6.01M$-476.99K$799.48K$-1.06M$6.11M$5.16M$8.01M$10.00M$29.97M$31.00M$12.54M$-2.57M$-3.54M$-172.24K
Surprise %--------1.07%0.70%1.24%0.91%2.89%1.13%1.32%-19.46%5.68%4.45%-1.32%1.42%--------

Okeanis Eco Tankers's average Quarter net income forecast for Mar 24 is $38.54M, with a range of $38.54M to $38.54M. ECO's average Quarter net income forecast represents a 81.26% increase compared to the company's last Quarter net income of $21.26M (Dec 23).

Okeanis Eco Tankers SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts1111111111111111111111111111
SG&A--------$4.69M$2.17M$2.40M$2.86M$-3.26M$3.11M$2.72M$3.06M$2.19M$2.88M$2.77M$4.91M--------
Avg Forecast$2.24M$1.41M$1.63M$1.73M$1.18M$1.13M$1.59M$1.71M$1.28M$1.43M$1.83M$2.20M$1.10M$1.10M$733.69K$562.58K$584.85K$582.51K$838.14K$856.95K$930.63K$985.38K$1.52M$1.56M$1.06M$480.48K$285.88K$319.02K
High Forecast$2.25M$1.41M$1.63M$1.73M$1.18M$1.19M$1.59M$1.71M$1.28M$1.44M$1.83M$2.20M$1.10M$1.10M$733.69K$562.58K$584.85K$582.51K$838.14K$856.95K$930.63K$985.38K$1.52M$1.56M$1.06M$480.48K$285.88K$319.02K
Low Forecast$2.24M$1.40M$1.62M$1.73M$1.18M$1.07M$1.59M$1.71M$1.28M$1.43M$1.82M$2.19M$1.09M$1.10M$733.69K$562.58K$584.85K$582.51K$838.14K$856.95K$930.63K$985.38K$1.52M$1.56M$1.06M$480.48K$285.88K$319.02K
Surprise %--------3.67%1.51%1.31%1.30%-2.98%2.83%3.71%5.45%3.75%4.94%3.30%5.73%--------

Okeanis Eco Tankers's average Quarter SG&A projection for Mar 24 is $1.71M, based on 1 Wall Street analysts, with a range of $1.71M to $1.71M. The forecast indicates a -63.51% fall compared to ECO last annual SG&A of $4.69M (Dec 23).

Okeanis Eco Tankers EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts1111111111111111111111111111
EPS--------$0.66$0.60$1.64$1.60$1.50$0.59$0.25$0.29$0.14$-0.15$-0.25$0.23--------
Avg Forecast$2.00$0.83$1.15$1.35$0.50$0.43$1.03$1.20$0.61$0.86$1.32$1.77$0.52$0.52$0.19$-0.01$0.02$-0.03$0.19$0.16$0.25$0.31$0.93$0.96$0.39$-0.08$-0.11$-0.01
High Forecast$2.00$0.83$1.15$1.36$0.51$0.43$1.03$1.20$0.62$0.87$1.32$1.77$0.52$0.52$0.19$-0.01$0.02$-0.03$0.19$0.16$0.25$0.31$0.93$0.96$0.39$-0.08$-0.11$-0.01
Low Forecast$2.00$0.83$1.14$1.35$0.50$0.43$1.03$1.20$0.61$0.86$1.32$1.77$0.52$0.52$0.19$-0.01$0.02$-0.03$0.19$0.16$0.25$0.31$0.93$0.96$0.39$-0.08$-0.11$-0.01
Surprise %--------1.07%0.69%1.24%0.90%2.88%1.13%1.34%-19.57%5.64%4.56%-1.32%1.44%--------

According to 1 Wall Street analysts, Okeanis Eco Tankers's projected average Quarter EPS for Mar 24 is $1.20, with a low estimate of $1.20 and a high estimate of $1.20. This represents a 81.36% increase compared to ECO previous annual EPS of $0.66 (Dec 23).

ECO Forecast FAQ


Is Okeanis Eco Tankers a good buy?

Yes, according to 1 Wall Street analysts, Okeanis Eco Tankers (ECO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of ECO's total ratings.

What is ECO's price target?

Okeanis Eco Tankers (ECO) average price target is $44 with a range of $44 to $44, implying a 79.15% from its last price of $24.56. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Okeanis Eco Tankers stock go up soon?

According to Wall Street analysts' prediction for ECO stock, the company can go up by 79.15% (from the last price of $24.56 to the average price target of $44), up by 79.15% based on the highest stock price target, and up by 79.15% based on the lowest stock price target.

Can Okeanis Eco Tankers stock reach $40?

ECO's average twelve months analyst stock price target of $44 supports the claim that Okeanis Eco Tankers can reach $40 in the near future.

What are Okeanis Eco Tankers's analysts' financial forecasts?

Okeanis Eco Tankers's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $255.17M (high $258.01M, low $252.33M), average EBITDA is $141.93M (high $143.51M, low $140.35M), average net income is $101.82M (high $101.88M, low $101.75M), average SG&A $5.61M (high $5.67M, low $5.55M), and average EPS is $3.16 (high $3.16, low $3.16). ECO's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $318.65M (high $319.18M, low $318.12M), average EBITDA is $177.24M (high $177.53M, low $176.94M), average net income is $171.55M (high $171.92M, low $171.18M), average SG&A $7M (high $7.02M, low $6.99M), and average EPS is $5.33 (high $5.34, low $5.32).

Did the ECO's actual financial results beat the analysts' financial forecasts?

Based on Okeanis Eco Tankers's last annual report (Dec 2023), the company's revenue was $413.1M, beating the average analysts forecast of $306.6M by 34.74%. Apple's EBITDA was $241.51M, beating the average prediction of $170.53M by 41.62%. The company's net income was $145.25M, missing the average estimation of $147.07M by -1.23%. Apple's SG&A was $20.29M, beating the average forecast of $6.74M by 201.06%. Lastly, the company's EPS was $4.51, missing the average prediction of $4.57 by -1.27%. In terms of the last quarterly report (Dec 2023), Okeanis Eco Tankers's revenue was $91.67M, beating the average analysts' forecast of $58.2M by 57.52%. The company's EBITDA was $44.19M, beating the average prediction of $32.37M by 36.52%. Okeanis Eco Tankers's net income was $21.26M, beating the average estimation of $19.78M by 7.46%. The company's SG&A was $4.69M, beating the average forecast of $1.28M by 266.77%. Lastly, the company's EPS was $0.66, beating the average prediction of $0.615 by 7.40%