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 a possible profit of 21.59 percent. The most pessimistic price target was 63, implying potential capital losses of -33.39 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.21 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.27 percent.

People are often interested in whether analysts were united in the direction of their revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 3 analysts that decreased their estimates. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's 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. Investors like to see smaller values for the PEG ratio, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. Currently the stock is 56.1 percent higher than its low, 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 market cap of CE is $12.84 billion. CE will post this quarters earnings in days, on 0000-00-00.