Celanese 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
- 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
- Net Margins: 16.70%
- Return on Equity: 31.09%
- Return on Assets: 11.39%
Companies Related to Celanese:
- Debt-to-Equity Ratio: 0.93%
- Current Ratio: 2.71%
- Quick Ratio: 2.12%
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.