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.
Investment analysts gave a few price targets for CE. The most optimistic price target was 115, implying potential capital gains of 21.59 percent. The most pessimistic price target was 63, implying a possible loss of -33.39 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.21 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.27 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. Also over the last month, 5 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
The growth rate of CE's earnings is estimated by analysts to be 25.88 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. 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.
CE has traded between a high of 99.97 and a low of 60.59 over the past year. Currently the stock is 56.1 percent higher than its low, 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 market cap of CE is $12.84 billion. CE will post this quarters earnings in days, on 0000-00-00.