Analyst Ratings for Celanese Corp. Series A (CE)

Updated: 2017-07-29

Shares of Celanese Corp. Series A (NYSE:CE) have received a consensus rating of Overweight from Wall Street analysts. CE had previously received a consensus rating of Overweight a month ago.

20 analysts issued ratings on the stock, where 11 gave CE a buy rating, 1 gave an overweight rating, 6 issued a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.

Several price targets were given for CE by the analysts covering the stock. The highest price target was 115, which equates to a potential upside of 21.59 percent. The lowest price target was 63, implying a possible loss of -33.39 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.21 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.27 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 3 analysts increased their quarterly estimates, which can be compared to the 3 analysts that decreased their estimates. Over the same time period, 5 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.

CE has an estimated earnings growth rate of 25.88 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CE is 0.62.

In the trailing 52-weeks, CE hit 99.97 at the highest peak, while it's lowest trading point was 60.59. The current market price is above the trailing year's low by 56.1 percent, and 5.39 percent below the high. CE has a price/earnings ratio of 16.05. Investors typically compare the P/E ratio to a company's peers in the industry. The CE value stock report compares CE to some of its peers using value stock charts. The stock has a market capitalization of $12.84 billion. CE will post this quarters earnings in days, on 0000-00-00.