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S&P 500   3,936.97
DOW   32,030.11
QQQ   306.12
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How This Trader Banked A 97% Win Rate (Ad)pixel
3 Tech Stocks Well Positioned For Growth At A Reasonable Price
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Closing prices for crude oil, gold and other commodities
Seesaw Effect: As Banks Drop, These 3 Stocks Are Going Up
BREAKING: Tiny biotech successfully treats blindness (Ad)
AI Is Giving 3 Marketing & Ad Firms Revenue & Earnings Boost
GameStop Shares Surge On Surprise Profit
S&P 500   3,936.97
DOW   32,030.11
QQQ   306.12
3 Dividend Contenders to Buy Now for Long-Term Gains Later
How This Trader Banked A 97% Win Rate (Ad)pixel
3 Tech Stocks Well Positioned For Growth At A Reasonable Price
These 3 Dividend Growers Yield More Than the 10-Year Note
BREAKING: Tiny biotech successfully treats blindness (Ad)
Closing prices for crude oil, gold and other commodities
Seesaw Effect: As Banks Drop, These 3 Stocks Are Going Up
BREAKING: Tiny biotech successfully treats blindness (Ad)
AI Is Giving 3 Marketing & Ad Firms Revenue & Earnings Boost
GameStop Shares Surge On Surprise Profit
S&P 500   3,936.97
DOW   32,030.11
QQQ   306.12
3 Dividend Contenders to Buy Now for Long-Term Gains Later
How This Trader Banked A 97% Win Rate (Ad)pixel
3 Tech Stocks Well Positioned For Growth At A Reasonable Price
These 3 Dividend Growers Yield More Than the 10-Year Note
BREAKING: Tiny biotech successfully treats blindness (Ad)
Closing prices for crude oil, gold and other commodities
Seesaw Effect: As Banks Drop, These 3 Stocks Are Going Up
BREAKING: Tiny biotech successfully treats blindness (Ad)
AI Is Giving 3 Marketing & Ad Firms Revenue & Earnings Boost
GameStop Shares Surge On Surprise Profit
ETR:1COV

Covestro - 1COV Stock Forecast, Price & News

€38.32
+0.76 (+2.02%)
(As of 03/22/2023 12:00 AM ET)
Add
Compare
Today's Range
€37.86
€38.82
50-Day Range
€35.36
€44.07
52-Week Range
€27.69
€49.53
Volume
1.25 million shs
Average Volume
917,794 shs
Market Capitalization
$7.28 billion
P/E Ratio
8.57
Dividend Yield
8.87%
Price Target
€45.60

Covestro MarketRank™ Forecast

Analyst Rating
N/A
0.00 Rating Score
Upside/​Downside
19.4% Upside
€45.75 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-6.95
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.10 out of 5 stars


1COV stock logo

About Covestro (ETR:1COV) Stock

Covestro AG supplies high-tech polymer materials and related application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications. The Solutions & Specialties segment comprises a range of polymer products, including precursors for coatings and adhesives, polycarbonates, MDI specialties and polyols, specialty films, elastomers, and thermoplastic polyurethanes that are used in automotive and transportation, electrical, electronics and household appliances, construction, and healthcare industries, as well as composite resins for wind turbine, rotor blades, laptop cases, and floodlights. The company markets its products through trading houses and distributors. It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China. The company was founded in 1863 and is headquartered in Leverkusen, Germany.

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1COV Stock News Headlines

Are Investors Undervaluing Covestro AG (ETR:1COV) By 34%?
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
See More Headlines
Receive 1COV Stock News and Ratings via Email

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Industry, Sector and Symbol

Industry
Specialty Chemicals
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
15,665
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
€45.75
High Stock Price Forecast
€64.00
Low Stock Price Forecast
€33.00
Forecasted Upside/Downside
+21.4%
Consensus Rating
N/A
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$-272,000,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$17.97 billion
Cash Flow
€1.58 per share
Book Value
€37.31 per share

Miscellaneous

Free Float
N/A
Market Cap
$7.13 billion
Optionable
Not Optionable
Beta
1.39

Key Executives

  • Dr. Markus Steilemann (Age 52)
    CEO & Chairman of Management Board
    Comp: $3.42M
  • Dr. Thomas Toepfer (Age 50)
    CFO, Labor Director & Member of Management Board
    Comp: $2.01M
  • Dr. Klaus Schäfer (Age 60)
    CTO & Member of Management Board
    Comp: $1.64M
  • Ms. Sucheta Govil (Age 59)
    Chief Commercial Officer & Member of Management Board
    Comp: $1.6M
  • Mr. Ronald Koehler
    Head of Investor Relations
  • Dr. Joachim H. Wolff (Age 70)
    Head of Polyurethanes Bus. Unit
  • Mr. Daniel Meyer (Age 55)
    Head of Polyurethanes (PU) Segment
  • Ms. Michelle B. B. Jou (Age 53)
    Head of Polycarbonates Segment
  • Mr. Michael Friede
    Head of S Coatings, Adhesives, Specialties Segment
  • Mr. Uwe Arndt
    Head of MDI Site













1COV Stock - Frequently Asked Questions

What is Covestro's stock price forecast for 2023?

0 Wall Street analysts have issued twelve-month price targets for Covestro's stock. Their 1COV share price forecasts range from €33.00 to €64.00. On average, they expect the company's share price to reach €45.75 in the next year. This suggests a possible upside of 21.8% from the stock's current price.
View analysts price targets for 1COV
or view top-rated stocks among Wall Street analysts.

How have 1COV shares performed in 2023?

Covestro's stock was trading at €36.55 at the beginning of 2023. Since then, 1COV shares have increased by 2.8% and is now trading at €37.56.
View the best growth stocks for 2023 here
.

Is Covestro a good dividend stock?

Covestro (ETR:1COV) pays an annual dividend of €3.40 per share and currently has a dividend yield of 8.56%. 1COV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 76.06%. Payout ratios above 75% are not desirable because they may not be sustainable.

What other stocks do shareholders of Covestro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Covestro investors own include Hawkins (HWKN), CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Allianz (ALV), Aegean Marine Petroleum Network (ANW), Honeywell International (HON) and Micron Technology (MU).

What is Covestro's stock symbol?

Covestro trades on the ETR under the ticker symbol "1COV."

What is Covestro's stock price today?

One share of 1COV stock can currently be purchased for approximately €37.56.

How much money does Covestro make?

Covestro (ETR:1COV) has a market capitalization of $7.13 billion and generates $17.97 billion in revenue each year. The company earns $-272,000,000.00 in net income (profit) each year or €4.47 on an earnings per share basis.

How many employees does Covestro have?

The company employs 15,665 workers across the globe.

How can I contact Covestro?

Covestro's mailing address is Kaiser-Wilhelm-Allee 60, LEVERKUSEN, 51373, Germany. The official website for the company is www.covestro.de. The company can be reached via phone at +49-214-60092000.

This page (ETR:1COV) was last updated on 3/23/2023 by MarketBeat.com Staff