Ceconomy AG engages in the consumer electronics retail business. It operates multi-channel consumer electronics stores; and Juke, a music streaming service. The company also operates iBood, a live shopping portal; and Flip4New, an online service for selling used electronic devices online. In addition, it offers professional assistance, including installation, networking, and troubleshooting of electronic appliances under the Deutsche Technikberatung brand; and services for advertisers to develop online campaigns. The company has approximately 850 stores in 14 countries under the MediaMarkt brand; and approximately 170 stores under the Saturn brand. It operates in Germany, Austria, Switzerland, and Hungary, as well as in Western, Southern, and Eastern Europe. Ceconomy AG is headquartered in Düsseldorf, Germany.
Industry, Sector and Symbol
Industry Specialty Retail
Sub-IndustryN/A
SectorConsumer Cyclical
CIKN/A
Phone+49-211-68861050
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$21.54 billion
Profitability
Miscellaneous
Employees54,029
Next Earnings DateN/A
OptionableNot Optionable
Ceconomy (ETR:CEC1) Frequently Asked Questions
What is Ceconomy's stock symbol?
Ceconomy trades on the ETR under the ticker symbol "CEC1."
What price target have analysts set for CEC1?
11 brokerages have issued twelve-month price objectives for Ceconomy's stock. Their forecasts range from €3.00 to €5.50. On average, they anticipate Ceconomy's share price to reach €4.41 in the next year. This suggests that the stock has a possible downside of 13.5%. View Analyst Price Targets for Ceconomy.
What is the consensus analysts' recommendation for Ceconomy?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ceconomy in the last year. There are currently 3 sell ratings and 8 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ceconomy.
Has Ceconomy been receiving favorable news coverage?
News stories about CEC1 stock have trended positive recently, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ceconomy earned a news impact score of 2.6 on InfoTrie's scale. They also gave news articles about the company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock's share price in the next several days.
Who are some of Ceconomy's key competitors?
Some companies that are related to Ceconomy include Shaver Shop Group (SSG), Hornby (HRN), Angling Direct (ANG), Joyce (JYC), Gear4music (G4M), Sosandar (SOS), Quiz (QUIZ), Koovs (KOOV), Mysale Group (MYSL), Innovaderma (IDP), LXRandCo (LXR), Takung Art (TKAT), Rocky Mountain Liquor (RUM), New Trend Lifestyle Group (NTLG) and ASOS (ASOMF).
What other stocks do shareholders of Ceconomy own?
Who are Ceconomy's key executives?
Ceconomy's management team includes the folowing people:
- Dr. Dieter Haag Molkenteller, Member of Management Board (Age 60)
- Bernhard Düttmann, Member of the Management Board & Labour Director (Age 60)
- Mr. Joern Werner, Chairman of the Management Board & CEO
- Karin Sonnenmoser, CFO & Member of Management Board
- Mr. Sebastian Kauffmann, VP of Investor Relations
What is Ceconomy's stock price today?
One share of CEC1 stock can currently be purchased for approximately €5.10.
How big of a company is Ceconomy?
Ceconomy has a market capitalization of $13.66 million and generates $21.54 billion in revenue each year. Ceconomy employs 54,029 workers across the globe.
What is Ceconomy's official website?
How can I contact Ceconomy?
Ceconomy's mailing address is Benrather Strasse 18-20, DUESSELDORF, 40213, Germany. The company can be reached via phone at +49-211-68861050.
MarketBeat Community Rating for Ceconomy (ETR CEC1)
MarketBeat's community ratings are surveys of what our community members think about Ceconomy and other stocks. Vote "Outperform" if you believe CEC1 will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CEC1 will underperform the S&P 500 over the long term. You may vote once every thirty days.
