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 most optimistic price target was 115, which equates to a potential upside of 21.59 percent. The most pessimistic 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.21 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.27 percent.
Another thing investors often look at is the level of agreement among analysts' 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.
Analysts estimate earnings of CE to grow at a rate of 25.88 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. CE has a PEG ratio of 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 P/E 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.