Covestro AG develops, produces, and markets polymer materials for various industries worldwide. The company operates in three segments: Polyurethanes; Polycarbonates; and Coatings, Adhesives, Specialties. The Polyurethanes segment offers precursors, such as flexible polyurethane foam primarily used in the furniture and automotive industries; and rigid foam used as insulating material in the construction industry and in refrigeration chains. The Polycarbonates segment provides high-performance plastic polycarbonates in the form of granules, composite materials, and semi-finished products for use in the automotive, construction, electrical and electronic, medical technology, and lighting industries. The Coatings, Adhesives, Specialties segment offers raw materials for coatings, adhesives, and sealants, as well as specialties. It offers polymer materials and aqueous dispersions for use in automotive and transportation, infrastructure and construction, wood processing, and furniture applications. The company markets its products through trading houses and distributors. Covestro AG was founded in 2005 and is headquartered in Leverkusen, Germany.
Industry, Sector and Symbol
Industry Specialty Chemicals
Sub-IndustryN/A
SectorBasic Materials
SymbolETR:1COV
CUSIPN/A
Phone+49-214-60092000
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins13.96%
Return on Equity40.11%
Return on Assets18.41%
Miscellaneous
EmployeesN/A
Outstanding Shares202,500,000
Covestro (ETR:1COV) Frequently Asked Questions
What is Covestro's stock symbol?
Covestro trades on the ETR under the ticker symbol "1COV."
What price target have analysts set for 1COV?
18 analysts have issued 12-month target prices for Covestro's stock. Their forecasts range from €66.00 to €126.00. On average, they anticipate Covestro's share price to reach €93.12 in the next year. View Analyst Ratings for Covestro.
Who are some of Covestro's key competitors?
Some companies that are related to Covestro include Evonik Industries (EVK), Symrise (SYIEF), Brenntag AG/AKT o.N. (BNTGF), Symrise (SY1), CLARIANT AG/ADR (CLZNY), Brenntag AG/AKT o.N. (BNR), Orica (ORI), Johnson Matthey (JMAT), Croda International (CRDA), Lanxess (LXS), OCI N V/S (OCINY), Victrex (VCT), Synthomer (SYNT), Elementis (ELM) and MPM (MPMQ).
Who are Covestro's key executives?
Covestro's management team includes the folowing people:
- Dr. Markus Steilemann, CEO & Member of Management Board (Age 48)
- Dr. Klaus Schäfer, CTO, Labor Director & Member of Management Board (Age 56)
- Dr. Thomas Toepfer, CFO & Member of Management Board (Age 46)
- Ronald Kohler, Head of Investor Relations
- Dr. Joachim H. Wolff, Head of Polyurethanes Bus. Unit (Age 66)
Has Covestro been receiving favorable news coverage?
Media coverage about 1COV stock has trended somewhat negative recently, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Covestro earned a coverage optimism score of -0.02 on Accern's scale. They also assigned headlines about the company an impact score of 44.30 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.
What is Covestro's stock price today?
One share of 1COV stock can currently be purchased for approximately €73.92.
How big of a company is Covestro?
Covestro has a market capitalization of $16.86 billion.
How can I contact Covestro?
Covestro's mailing address is Kaiser-Wilhelm-Allee 60, LEVERKUSEN, 51373, Germany. The company can be reached via phone at +49-214-60092000.
MarketBeat Community Rating for Covestro (1COV)
MarketBeat's community ratings are surveys of what our community members think about Covestro and other stocks. Vote "Outperform" if you believe 1COV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe 1COV will underperform the S&P 500 over the long term. You may vote once every thirty days.
