ETR:CEC1

Ceconomy Stock Forecast, Price & News

€6.40

+0.75 (+13.27 %)

(As of 07/22/2021 12:00 AM ET)

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Today's Range

€5.95

▼

€6.60

50-Day Range

€4.60

▼

€5.65

52-Week Range

€3.60

▼

€6.60

Volume11,762 shs

Average Volume1,597 shs

Market Capitalization$17.14 million

P/E Ratio15.72

Dividend Yield8.79%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Ceconomy

Ceconomy AG engages in the consumer electronics retail business. The company operates approximately 850 stores in 14 countries under the MediaMarkt brand; and approximately 170 stores in 3 countries under the Saturn brand. It also operates Flip4New for selling used electronic articles online. In addition, the company offers professional assistance for the installation, connection, and troubleshooting of electronic devices at home under the Deutsche Technikberatung brand. It operates in Germany, Austria, Switzerland, and Hungary, as well as in Western, Southern, and Eastern Europe. The company is based in DÃ¼sseldorf, Germany.

Baader Bank Analysts Give Ceconomy (ETR:CEC1) a €5.40 Price Target
July 19, 2021 | americanbankingnews.com

Ceconomy AG (ETR:CEC1) Given Consensus Rating of "Hold" by Brokerages
July 19, 2021 | americanbankingnews.com

Ceconomy (ETR:CEC1) Stock Price Crosses Above Two Hundred Day Moving Average of $0.00
July 17, 2021 | americanbankingnews.com

Ceconomy (ETR:CEC1) PT Set at €5.40 by Baader Bank
July 9, 2021 | americanbankingnews.com

Ceconomy (ETR:CEC1) Given a €6.40 Price Target at Kepler Capital Markets
July 9, 2021 | americanbankingnews.com

Ceconomy (ETR:CEC1) Share Price Passes Above 200-Day Moving Average of $0.00
July 8, 2021 | americanbankingnews.com

Ceconomy (ETR:CEC1) Given a €5.40 Price Target at Baader Bank
June 30, 2021 | americanbankingnews.com

METRO AG -- Moody's announces completion of a periodic review of ratings of METRO AG
March 29, 2021 | finance.yahoo.com

Earnings Beat: Ceconomy AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
February 12, 2020 | finance.yahoo.com

Is Ceconomy AG (ETR:CEC) A High Quality Stock To Own?
February 8, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange ETR
Industry Specialty Retail
Sub-IndustryN/A
SectorConsumer Cyclical
Current SymbolETR:CEC1
Previous SymbolETR:MEO3
CUSIPN/A
CIKN/A
Webwww.ceconomy.de
Phone+49-211-68861050
Employees48,781
Year FoundedN/A

Sales & Book Value

Annual Sales$21.16 billion
Price / Sales0.00
Cash Flow€3.15 per share
Price / Cash Flow2.03
Book Value€2.07 per share
Price / Book3.09

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares2,677,970
Market Cap$17.14 million
Next Earnings DateN/A
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.32 out of 5 stars

1.0 Analyst's Opinion

Consensus Rating
Ceconomy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 2 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of €5.08, Ceconomy has a forecasted downside of 20.6% from its current price of €6.40.
Amount of Analyst Coverage
Ceconomy has only been the subject of 4 research reports in the past 90 days.

2.7 Community Rank

Outperform Votes
Ceconomy has received 1,076 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ceconomy has received 937 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ceconomy has received 53.45% “outperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Leadership
Ceconomy is a leading dividend payer. It pays a dividend yield of 8.79%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Ceconomy does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Ceconomy is 78.62%. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ceconomy insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ceconomy is 15.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 19.50.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ceconomy is 15.72, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 17.36.
Price to Book Value per Share Ratio
Ceconomy has a P/B Ratio of 3.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ceconomy (ETR:CEC1) Frequently Asked Questions

Is Ceconomy a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ceconomy in the last year. There are currently 2 sell ratings, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Ceconomy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CEC1, but not buy additional shares or sell existing shares.
View analyst ratings for Ceconomy or view top-rated stocks.

What stocks does MarketBeat like better than Ceconomy?

Wall Street analysts have given Ceconomy a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Ceconomy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

How has Ceconomy's stock price been impacted by Coronavirus (COVID-19)?

Ceconomy's stock was trading at €3.72 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CEC1 shares have increased by 72.0% and is now trading at €6.40.
View which stocks have been most impacted by COVID-19.

Is Ceconomy a good dividend stock?

Ceconomy pays an annual dividend of €0.32 per share and currently has a dividend yield of 8.79%. CEC1 has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Ceconomy is 78.62%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Ceconomy's dividend history.

What price target have analysts set for CEC1?

6 equities research analysts have issued 1 year price objectives for Ceconomy's stock. Their forecasts range from €4.20 to €6.40. On average, they anticipate Ceconomy's share price to reach €5.08 in the next twelve months. This suggests that the stock has a possible downside of 20.6%.
View analysts' price targets for Ceconomy or view top-rated stocks among Wall Street analysts.

Who are Ceconomy's key executives?

Ceconomy's management team includes the following people:

Dr. Bernhard Duttmann, CEO & Chairman of the Management Board (Age 62, Pay $2.04M)
Mr. Florian Wieser, CFO & Member of the Management Board
Ms. Stephanie Ritschel, VP of Investor Relations
Hans-JÃ¼rgen Matern, Head of Strategic Quality Management and Head of Regulatory Affairs & External Relations Qshe
Mr. Michael Wedell, Global Director of Corp. Communications & Public Policy
Bernd Mediger, Head of Properties for Real
Mr. Didier Fleury, Chief Exec. Officer of Real
Mr. Ferran Reverter Planet, Chief Exec. Officer of Media-Saturn-Holding GmbH (Age 48)

Who are some of Ceconomy's key competitors?

Some companies that are related to Ceconomy include MySale Group (MYSL), Sosandar (SOS), Angling Direct (ANG), TheWorks.co.uk (WRKS), QUIZ (QUIZ), Koovs (KOOV), The Stanley Gibbons Group (SGI), Rocky Mountain Liquor (RUM), LXRandCo (LXR), InnovaDerma (IDP), Conduity Capital Plc (NTLG.L) (NTLG), Alcanna (LQSIF), ASOS (ASOMF), Baby Bunting Group (BBN) and Beacon Lighting Group (BLX).
View all of CEC1's competitors.

What other stocks do shareholders of Ceconomy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ceconomy investors own include SolGold (SOLG), Metro Bank (MTRO), Ceconomy (MTTRY), UK Oil & Gas (UKOG), Nordic American Tankers (NAT), Volkswagen (VOW3), AbbVie (ABBV), Amgen (AMGN), Aemetis (AMTX) and Apollo Commercial Real Estate Finance (ARI).

What is Ceconomy's stock symbol?

Ceconomy trades on the ETR under the ticker symbol "CEC1."

What is Ceconomy's stock price today?

One share of CEC1 stock can currently be purchased for approximately €6.40.

How much money does Ceconomy make?

Ceconomy has a market capitalization of $17.14 million and generates $21.16 billion in revenue each year.

How many employees does Ceconomy have?

Ceconomy employs 48,781 workers across the globe.

What is Ceconomy's official website?

The official website for Ceconomy is www.ceconomy.de.

Where are Ceconomy's headquarters?

Ceconomy is headquartered at Benrather Strasse 18-20, DUESSELDORF, 40213, Germany.

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.

This page was last updated on 7/23/2021 by MarketBeat.com Staff

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