A Closer Look at 11 Analyst Recommendations For Celanese

In the latest quarter, 11 analysts provided ratings for Celanese CE, showcasing a mix of bullish and bearish perspectives.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Analysts have recently evaluated Celanese and provided 12-month price targets. The average target is $169.09, accompanied by a high estimate of $195.00 and a low estimate of $135.00. Marking an increase of 8.46%, the current average surpasses the previous average price target of $155.90.

Deciphering Analyst Ratings: An In-Depth Analysis

The standing of Celanese among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Celanese. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Celanese compared to the broader market.
• Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Celanese's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

For valuable insights into Celanese's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Celanese analyst ratings.

Delving into Celanese's Background

Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company is also one of the largest producers of specialty polymers, which are used in the automotive, electronics, medical, building, and consumer end markets. The company also makes cellulose derivatives used in cigarette filters.

Celanese's Economic Impact: An Analysis

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Positive Revenue Trend: Examining Celanese's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 9.41% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. When compared to others in the Materials sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Celanese's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 27.17%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Celanese's ROE stands out, surpassing industry averages. With an impressive ROE of 10.28%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Celanese's ROA excels beyond industry benchmarks, reaching 2.68%. This signifies efficient management of assets and strong financial health.

Debt Management: Celanese's debt-to-equity ratio surpasses industry norms, standing at 1.99. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

How Are Analyst Ratings Determined?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

This article was generated by Benzinga's automated content engine and reviewed by an editor.