Celanese CE underwent analysis by 11 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 7 | 3 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 2 | 1 | 0 | 0 |
| 2M Ago | 0 | 1 | 1 | 1 | 0 |
| 3M Ago | 0 | 4 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Celanese, presenting an average target of $173.27, a high estimate of $195.00, and a low estimate of $160.00. This upward trend is evident, with the current average reflecting a 9.42% increase from the previous average price target of $158.36.
Understanding Analyst Ratings: A Comprehensive Breakdown
In examining recent analyst actions, we gain insights into how financial experts perceive Celanese. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Kieran De Brun | Mizuho | Raises | Neutral | $173.00 | $161.00 |
| Arun Viswanathan | RBC Capital | Raises | Outperform | $171.00 | $165.00 |
| Patrick Cunningham | Citigroup | Raises | Neutral | $167.00 | $150.00 |
| Aleksey Yefremov | Keybanc | Raises | Overweight | $190.00 | $176.00 |
| Michael Leithead | Barclays | Maintains | Equal-Weight | $170.00 | $170.00 |
| Jeffrey Zekauskas | JP Morgan | Raises | Underweight | $160.00 | $135.00 |
| Michael Sison | Wells Fargo | Raises | Overweight | $195.00 | $180.00 |
| Arun Viswanathan | RBC Capital | Lowers | Outperform | $165.00 | $168.00 |
| Charles Neivert | Piper Sandler | Raises | Overweight | $170.00 | $135.00 |
| Ghansham Panjabi | Baird | Raises | Outperform | $165.00 | $135.00 |
| Michael Sison | Wells Fargo | Raises | Overweight | $180.00 | $167.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Celanese. This information offers a snapshot of how analysts perceive 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 gauge the dynamics of price targets, providing estimates for the future value of Celanese's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Celanese's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Celanese analyst ratings.
Discovering Celanese: A Closer Look
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.
Financial Insights: Celanese
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Over the 3 months period, Celanese showcased positive performance, achieving a revenue growth rate of 9.41% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Materials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 27.17%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Celanese's ROE excels beyond industry benchmarks, reaching 10.28%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Celanese's ROA stands out, surpassing industry averages. With an impressive ROA of 2.68%, the company demonstrates effective utilization of assets and strong financial performance.
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.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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