Celanese Company Profile (NYSE:CE)

About Celanese

Celanese logoCelanese Corporation (Celanese) is a technology and specialty materials company. The Company operates through four segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties and Acetyl Intermediates. Its business involves processing chemical raw materials, such as methanol, carbon monoxide, ethylene and natural products, including wood pulp, into chemicals, thermoplastic polymers and other chemical-based products. It engineers and manufactures a range of products, which serves a range of end-use applications, including paints and coatings, textiles, automotive applications, consumer and medical applications, performance industrial applications, filtration applications, paper and packaging, chemical additives, construction, consumer and industrial adhesives, and food and beverage applications. The Company operates in North America, Europe and Asia and consists of approximately 20 global production facilities.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Chemicals - Major Diversified
  • Sub-Industry: Specialty Chemicals
  • Exchange: NYSE
  • Symbol: CE
  • CUSIP: 15087010
Key Metrics:
  • Previous Close: $89.67
  • 50 Day Moving Average: $85.66
  • 200 Day Moving Average: $74.77
  • 52-Week Range: $58.76 - $91.17
  • Trailing P/E Ratio: 14.52
  • Foreward P/E Ratio: 11.18
  • P/E Growth: 1.28
  • Market Cap: $12.64B
  • Outstanding Shares: 140,926,000
  • Beta: 1.23
Profitability:
  • Net Margins: 16.70%
  • Return on Equity: 31.09%
  • Return on Assets: 11.39%
Debt:
  • Debt-to-Equity Ratio: 0.93%
  • Current Ratio: 2.71%
  • Quick Ratio: 2.12%
Additional Links:
Companies Related to Celanese:

Analyst Ratings

Consensus Ratings for Celanese (NYSE:CE) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 11 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $83.73 (6.62% downside)

Analysts' Ratings History for Celanese (NYSE:CE)
Show:
DateFirmActionRatingPrice TargetDetails
2/17/2017Robert W. BairdInitiated CoverageOutperform$105.00View Rating Details
2/15/2017Cowen and CompanyBoost Price TargetOutperform$88.00 -> $99.00View Rating Details
2/2/2017Barclays PLCBoost Price TargetOverweight$85.00 -> $98.00View Rating Details
2/2/2017Citigroup Inc.UpgradeNeutral -> BuyView Rating Details
12/13/2016RBC Capital MarketsUpgradeSector Perform -> Outperform$76.00 -> $100.00View Rating Details
12/13/2016Royal Bank Of CanadaUpgradeSector Perform -> Outperform$76.00 -> $100.00View Rating Details
11/30/2016Goldman Sachs Group, Inc. (The)UpgradeNeutral -> Buy$83.00 -> $92.00View Rating Details
10/19/2016NomuraSet Price TargetHold$70.00 -> $77.00View Rating Details
10/18/2016Deutsche Bank AGReiterated RatingBuy$78.00 -> $75.00View Rating Details
10/6/2016KeyCorpInitiated CoverageOverweight$80.00View Rating Details
8/23/2016Jefferies Group LLCReiterated RatingBuyView Rating Details
7/27/2016J P Morgan Chase & CoLower Price TargetNeutral$75.00 -> $70.00View Rating Details
7/1/2016Susquehanna Bancshares IncInitiated CoveragePositive$80.00View Rating Details
6/16/2016Morgan StanleyReiterated RatingHold$65.00View Rating Details
4/25/2016Alembic Global AdvisorsDowngradeNeutral -> Underweight$60.00 -> $64.00View Rating Details
1/11/2016SunTrust Banks, Inc.UpgradeNeutral -> Buy$80.00View Rating Details
11/16/2015MacquarieReiterated RatingOutperform$75.00 -> $80.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Celanese (NYSE:CE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/17/2017        
2/1/2017Q416$1.51$1.52$1.29 billion$1.31 billionViewListenView Earnings Details
10/17/2016Q316$1.61$1.67$1.63 billion$1.32 billionViewN/AView Earnings Details
7/25/2016Q216$1.56$1.59$1.42 billion$1.35 billionViewN/AView Earnings Details
4/18/2016Q116$1.49$1.83$1.39 billion$1.40 billionViewN/AView Earnings Details
1/21/2016Q415$1.24$1.25$1.37 billion$1.33 billionViewListenView Earnings Details
10/19/2015Q315$1.37$1.50$1.52 billion$1.41 billionViewListenView Earnings Details
7/16/2015Q215$1.42$1.58$1.57 billion$1.48 billionViewListenView Earnings Details
4/16/2015Q115$1.31$1.72$1.45 billionViewN/AView Earnings Details
1/22/2015Q414$1.21$1.20$1.68 billion$1.56 billionViewN/AView Earnings Details
10/20/2014Q314$1.44$1.61$1.73 billion$1.77 billionViewN/AView Earnings Details
7/17/2014Q214$1.23$1.47$1.72 billion$1.77 billionViewN/AView Earnings Details
4/21/2014Q114$1.21$1.33$1.69 billion$1.71 billionViewN/AView Earnings Details
1/22/2014Q413$1.02$1.04$1.57 billion$1.62 billionViewN/AView Earnings Details
10/21/2013Q313$1.16$1.08$1.65 billion$1.64 billionViewN/AView Earnings Details
7/18/2013Q2 2013$1.16$1.12$1.66 billion$1.65 billionViewN/AView Earnings Details
4/18/2013Q1 2013$0.79$1.14$1.62 billion$1.61 billionViewN/AView Earnings Details
1/28/2013Q4 2012$0.64$0.67$1.52 billion$1.50 billionViewN/AView Earnings Details
10/22/2012$0.90$0.93ViewN/AView Earnings Details
7/23/2012$1.42$1.47ViewN/AView Earnings Details
4/24/2012$0.77$0.72ViewN/AView Earnings Details
1/31/2012$0.56$0.58ViewN/AView Earnings Details
10/25/2011$1.08$1.27ViewN/AView Earnings Details
7/21/2011$1.43$1.66ViewN/AView Earnings Details
4/26/2011$0.82$0.96ViewN/AView Earnings Details
2/1/2011$0.68$0.73ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Celanese (NYSE:CE)
Current Year EPS Consensus Estimate: $7.25 EPS
Next Year EPS Consensus Estimate: $8.02 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$1.56$1.81$1.72
Q2 20162$1.53$1.56$1.55
Q3 20163$1.59$1.70$1.65
Q4 20163$1.47$1.52$1.50
Q1 20172$1.65$1.66$1.66
Q2 20172$1.75$1.81$1.78
Q3 20172$1.90$1.96$1.93
Q4 20172$1.92$1.95$1.94
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Celanese (NYSE:CE)
Annual Dividend:$1.44
Dividend Yield:1.61%
Dividend Growth:38.00% (3 Year Average)
Payout Ratio:23.38% (Based on Trailing 12 Months of Earnings)
19.86% (Based on Current Year Consensus EPS Estimate)
17.96% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for Celanese (NYSE:CE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/9/2017quarterly$0.361.63%2/16/20172/21/20173/3/2017
10/19/2016Quarterly$0.3610/27/201610/31/201611/10/2016
7/20/2016Quarterly$0.367/28/20168/1/20168/11/2016
4/21/2016quarterly$0.361.99%4/28/20165/2/20165/12/2016
2/4/2016quarterly$0.302.03%2/11/20162/16/20162/26/2016
10/22/2015quarterly$0.301.73%10/29/201511/2/201511/12/2015
7/21/2015quarterly$0.301.83%7/30/20158/3/20158/13/2015
4/23/2015quarterly$0.301.82%4/30/20155/4/20155/15/2015
2/6/2015quarterly$0.251.78%2/12/20152/17/20152/27/2015
10/23/2014quarterly$0.251.71%10/30/201411/3/201411/14/2014
7/24/2014quarterly$0.251.61%8/1/20148/5/20148/15/2014
4/24/2014quarterly$0.251.69%5/1/20145/5/20145/16/2014
2/7/2014quarterly$0.181.4%2/12/20142/17/20142/28/2014
10/24/2013quarterly$0.181.25%10/31/201311/4/201311/14/2013
7/25/2013quarterly$0.181.53%8/1/20138/5/20138/15/2013
4/25/2013quarterly$0.090.76%5/2/20135/6/20135/16/2013
2/7/2013quarterly$0.080.61%2/14/20132/19/20132/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Celanese (NYSE:CE)
Insider Ownership Percentage: 0.49%
Institutional Ownership Percentage: 98.08%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/14/2017Kevin S OliverInsiderSell2,327$87.74$204,170.98View SEC Filing  
11/8/2016Lori A JohnstonCAOSell83,829$72.30$6,060,836.70View SEC Filing  
10/26/2016Gjon N Nivica JrSVPSell25,000$71.36$1,784,000.00View SEC Filing  
6/16/2016Farah M WaltersDirectorSell14,650$68.61$1,005,136.50View SEC Filing  
6/16/2016Mark C RohrCEOSell17,200$69.50$1,195,400.00View SEC Filing  
3/16/2016David F HoffmeisterDirectorSell8,300$64.05$531,615.00View SEC Filing  
8/31/2015Christopher W JensenCFOSell5,100$60.86$310,386.00View SEC Filing  
5/18/2015Gjon N Nivica JrSVPSell16,359$67.30$1,100,960.70View SEC Filing  
5/28/2014Gjon N Nivica JrSVPSell86,998$60.81$5,290,348.38View SEC Filing  
2/20/2014Christopher JensenSVPSell1,330$52.41$69,705.30View SEC Filing  
11/4/2013Gjon N Nivica JrSVPSell21,502$55.74$1,198,521.48View SEC Filing  
10/24/2013Christopher W JensenSVPSell20,630$57.47$1,185,606.10View SEC Filing  
10/24/2013Steven SterinCFOSell65,240$57.66$3,761,738.40View SEC Filing  
2/14/2013Gjon N Nivica JrSVPSell9,000$50.12$451,080.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Celanese (NYSE:CE)
DateHeadline
News IconTroy Aikman to Lead 2017-18 United Way Of Metropolitan Dallas Fundraising Campaign (NYSE:CE)
unitedwaydallas.org - February 23 at 9:11 PM
News IconLong Fiber Thermoplastics Global Market Key Developments, Outlook, Analysis & Forecast to 2022 (NYSE:CE)
empowerednews.net - February 23 at 4:10 PM
seekingalpha.com logoPraxair to supply Celanese with carbon monoxide, oxygen, nitrogen ... - Seeking Alpha (NYSE:CE)
seekingalpha.com - February 22 at 9:20 PM
finance.yahoo.com logoCelanese Announces Ateva® EVA Polymers Price Increase in Asia (NYSE:CE)
au.finance.yahoo.com - February 22 at 9:20 PM
finance.yahoo.com logo6:01 pm Celanese will increase selling prices for Ateva EVA polymers $100/ton in Asia effective immediately, or as contracts otherwise allow (NYSE:CE)
finance.yahoo.com - February 22 at 9:20 PM
streetinsider.com logoForm 8-K Celanese Corp For: Feb 15 (NYSE:CE)
www.streetinsider.com - February 22 at 12:12 PM
News IconPraxair Signs Long-Term Supply Agreement with Celanese (NYSE:CE)
www.process-worldwide.com - February 22 at 12:12 PM
News IconPraxair inks 15-year supply deal, strengthens position in US Gulf Coast (NYSE:CE)
www.gasworld.com - February 22 at 12:12 PM
businesswire.com logoPraxair Signs Long-Term Agreement with Celanese to Supply ... - Business Wire (press release) (NYSE:CE)
www.businesswire.com - February 21 at 2:25 PM
finance.yahoo.com logoCelanese Announces Acetic Acid Price Increase in China (NYSE:CE)
finance.yahoo.com - February 21 at 2:25 PM
finance.yahoo.com logoPraxair Signs Long-Term Agreement with Celanese to Supply Carbon Monoxide, Oxygen and Nitrogen in the U.S. Gulf Coast (NYSE:CE)
finance.yahoo.com - February 21 at 2:25 PM
biz.yahoo.com logoCELANESE CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NYSE:CE)
biz.yahoo.com - February 21 at 2:25 PM
marketrealist.com logoCelanese Increases Its Polymer Prices in North and South America (NYSE:CE)
marketrealist.com - February 21 at 2:25 PM
News IconDiketene Market To Increase at Steady Growth Rate (NYSE:CE)
reports.pr-inside.com - February 20 at 11:52 AM
News IconGlobal Acetaldehyde Market 2017 Eastman Chemical Company, Showa Denko K.K., Celanese Corporation, Sumitomo Chemical Co., Ltd., Jinyimeng Group (NYSE:CE)
qwtjlive.com - February 20 at 11:52 AM
marketexclusive.com logoCELANESE CORPORATION (NYSE:CE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors ... - Market Exclusive (NYSE:CE)
marketexclusive.com - February 18 at 4:04 PM
marketexclusive.com logoAnalyst Activity – Robert W. Baird Initiates Coverage On Celanese Corporation (NYSE:CE) With a Outperform (NYSE:CE)
marketexclusive.com - February 17 at 5:59 PM
us.rd.yahoo.com logoCoverage initiated on Celanese by Robert W. Baird (NYSE:CE)
us.rd.yahoo.com - February 17 at 5:59 PM
4-traders.com logoCelanese : David C. Parry Elected to Celanese Corp. Board of Directors (NYSE:CE)
www.4-traders.com - February 16 at 9:17 PM
4-traders.com logoCelanese : David C. Parry Elected to Celanese Corp. Board of Directors (NYSE:CE)
www.4-traders.com - February 16 at 9:17 PM
4-traders.com logoCelanese : David C. Parry Elected to Celanese Corp. Board of Directors (NYSE:CE)
www.4-traders.com - February 16 at 9:17 PM
News IconSVP and General Counsel of Celanese Corporation Celanese C (NYSE:CE), Nivica Gjon N Jr, sells 12,000 shares worth $1,060,223 (NYSE:CE)
empowerednews.net - February 16 at 9:17 PM
News IconSVP and General Counsel of Celanese Corporation Celanese C (NYSE:CE), Nivica Gjon N Jr, sells 12,000 shares worth $1,060,223 (NYSE:CE)
empowerednews.net - February 16 at 9:17 PM
News IconSVP and General Counsel of Celanese Corporation Celanese C (NYSE:CE), Nivica Gjon N Jr, sells 12,000 shares worth $1,060,223 (NYSE:CE)
empowerednews.net - February 16 at 9:17 PM
reuters.com logoBRIEF-Bennie Fowler elected to Celanese Corp's board (NYSE:CE)
www.reuters.com - February 16 at 9:17 PM
reuters.com logoBRIEF-Bennie Fowler elected to Celanese Corp's board (NYSE:CE)
www.reuters.com - February 16 at 9:17 PM
reuters.com logoBRIEF-Bennie Fowler elected to Celanese Corp's board (NYSE:CE)
www.reuters.com - February 16 at 9:17 PM
finance.yahoo.com logoBennie W. Fowler Elected to Celanese Corp. Board of Directors (NYSE:CE)
finance.yahoo.com - February 16 at 9:17 PM
finance.yahoo.com logoBennie W. Fowler Elected to Celanese Corp. Board of Directors (NYSE:CE)
finance.yahoo.com - February 16 at 9:17 PM
finance.yahoo.com logoDavid C. Parry Elected to Celanese Corp. Board of Directors (NYSE:CE)
finance.yahoo.com - February 16 at 9:17 PM
finance.yahoo.com logoDavid C. Parry Elected to Celanese Corp. Board of Directors (NYSE:CE)
finance.yahoo.com - February 16 at 9:17 PM
News IconIs The Sell-Side Predicting That Celanese Corporation (NYSE:CE) Will Move Higher? - Winfield Review (NYSE:CE)
winfieldreview.com - February 16 at 4:17 PM
News IconIs It Time to go for Celanese Corporation (CE), Linear Technology ... - StockNewsJournal (NYSE:CE)
stocknewsjournal.com - February 16 at 4:17 PM
nasdaq.com logoCelanese Corporation (CE) Ex-Dividend Date Scheduled for ... - Nasdaq (NYSE:CE)
www.nasdaq.com - February 16 at 4:17 PM
finance.yahoo.com logoCELANESE CORP Financials (NYSE:CE)
finance.yahoo.com - February 16 at 4:17 PM
biz.yahoo.com logoCELANESE CORP Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:CE)
biz.yahoo.com - February 16 at 9:21 AM
News IconChief Acctg Officer/Controller of Celanese Corporation Celanese C (NYSE:CE), Oliver Kevin S, sells 2,327 shares worth $204,171 (NYSE:CE)
empowerednews.net - February 14 at 9:56 PM
us.rd.yahoo.com logoCelanese Announces LDPE Polymers Price Increase (NYSE:CE)
us.rd.yahoo.com - February 14 at 9:56 PM
finance.yahoo.com logoCelanese Announces MIBK and MIBC Price Increases (NYSE:CE)
finance.yahoo.com - February 13 at 9:50 PM
News IconAnalyst Earnings Estimates Screen: Celanese Corporation (CE) (NYSE:CE)
xboxonezone.com - February 10 at 9:34 PM
News IconInc. Has $8235000 Stake in Celanese Corporation (CE) (NYSE:CE)
mundoaguaysaneamiento.net - February 10 at 9:34 PM
finance.yahoo.com logoCelanese Announces Acetyl Intermediates Price Increases in the Americas and EMEA (NYSE:CE)
finance.yahoo.com - February 10 at 9:34 PM
streetinsider.com logoCelanese Corp. (CE) Declares $0.36 Quarterly Dividend; 1.6% Yield - StreetInsider.com (NYSE:CE)
www.streetinsider.com - February 10 at 4:31 PM
finance.yahoo.com logoCelanese Corporation Declares Quarterly Dividend of $0.36 Per Share - Yahoo Finance (NYSE:CE)
finance.yahoo.com - February 10 at 4:31 PM
biz.yahoo.com logoCELANESE CORP Files SEC form 10-K, Annual Report (NYSE:CE)
biz.yahoo.com - February 10 at 4:31 PM
News IconInvestor Spotlight on Shares of Celanese Corporation (NYSE:CE) - Rives Journal (NYSE:CE)
rivesjournal.com - February 8 at 4:29 PM
News IconLarge Buying Action and Inflow of Money Witnessed in Celanese Corporation - Highland Mirror (NYSE:CE)
www.highlandmirror.com - February 8 at 4:29 PM
zacks.com logoCelanese (CE) to Acquire Nilit's Nylon Compounding Business (NYSE:CE)
www.zacks.com - February 6 at 4:17 PM
capitalcube.com logoETFs with exposure to Celanese Corp. : February 6, 2017 (NYSE:CE)
www.capitalcube.com - February 6 at 4:17 PM
News IconCelanese buys Israel's Nilit Plastics for $250m (NYSE:CE)
www.globes.co.il - February 3 at 4:27 PM

Social

What is Celanese's stock symbol?

Celanese trades on the New York Stock Exchange (NYSE) under the ticker symbol "CE."

How often does Celanese pay dividends? What is the dividend yield for Celanese?

Celanese announced a quarterly dividend on Thursday, February 9th. Investors of record on Tuesday, February 21st will be given a dividend of $0.36 per share on Friday, March 3rd. This represents a $1.44 annualized dividend and a yield of 1.61%. The ex-dividend date of this dividend is Thursday, February 16th.

Where is Celanese's stock going? Where will Celanese's stock price be in 2017?

15 brokerages have issued 12-month target prices for Celanese's stock. Their predictions range from $64.00 to $105.00. On average, they anticipate Celanese's stock price to reach $83.73 in the next twelve months.

When will Celanese announce their earnings?

Celanese is scheduled to release their next quarterly earnings announcement on Monday, April, 17th 2017.

What are analysts saying about Celanese stock?

Here are some recent quotes from research analysts about Celanese stock:

  • Barclays PLC analysts commented, "CE reported 4Q'16 adj. EPS of $1.52 vs. consensus of $1.51 and $1.25 in 4Q'15. Earnings in Materials Solution continue to drive EPS growth, with +20% y/y volume growth in Advanced Engineered Materials (+11c). Earnings in Acetyls were 11c softer than expectations on lower pricing and volumes in the acetyl chain."They up '17 & '18 EPS estimates by a nickel each to $7.25 & $8.05." (2/2/2017)
  • According to Zacks Investment Research, "Celanese has outperformed the Zacks categorized 'Chemicals-Diversified' industry in the last three months, partly attributable to its forecast-topping earnings performance in the last quarter. Celanese’s strategic measures including productivity and efficiency improvement actions should lend support to its earnings in 2016. The company should also gain from capacity expansion and growth initiatives in the emerging regions, including Asia. Moreover, Celanese continues to generate strong cash flows and remains focused on returning value to its shareholders." (1/12/2017)

Who owns Celanese stock?

Celanese's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (2.42%), Artisan Partners Limited Partnership (1.96%), Barrow Hanley Mewhinney & Strauss LLC (1.33%), AQR Capital Management LLC (1.33%), Allianz Asset Management AG (1.12%) and Franklin Resources Inc. (0.88%). Company insiders that own Celanese stock include Christopher W Jensen, David F Hoffmeister, Farah M Walters, Gjon N Nivica Jr, Kevin S Oliver, Lori A Johnston and Mark C Rohr.

Who sold Celanese stock? Who is selling Celanese stock?

Celanese's stock was sold by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Allianz Asset Management AG, Janus Capital Management LLC, Credit Agricole S A, Artisan Partners Limited Partnership, Thrivent Financial for Lutherans, Franklin Resources Inc. and Marshall Wace LLP. Company insiders that have sold Celanese stock in the last year include David F Hoffmeister, Farah M Walters, Gjon N Nivica Jr, Kevin S Oliver, Lori A Johnston and Mark C Rohr.

Who bought Celanese stock? Who is buying Celanese stock?

Celanese's stock was purchased by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, FMR LLC, Russell Investments Group Ltd., Asset Management One Co. Ltd., Renaissance Technologies LLC, Artemis Investment Management LLP, AQR Capital Management LLC and Two Sigma Investments LP.

How do I buy Celanese stock?

Shares of Celanese can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Celanese stock cost?

One share of Celanese stock can currently be purchased for approximately $89.67.

Celanese (NYSE:CE) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Celanese (NYSE:CE)

Earnings History Chart

Earnings by Quarter for Celanese (NYSE:CE)

Dividend History Chart

Dividend Payments by Quarter for Celanese (NYSE:CE)

Last Updated on 2/24/2017 by MarketBeat.com Staff