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Celanese (CE) Stock Price, News & Analysis

$139.08
+2.18 (+1.59%)
(As of 07/26/2024 ET)
Today's Range
$136.32
$139.38
50-Day Range
$131.43
$157.34
52-Week Range
$110.76
$172.16
Volume
718,219 shs
Average Volume
720,751 shs
Market Capitalization
$15.19 billion
P/E Ratio
7.65
Dividend Yield
2.01%
Price Target
$162.75

Celanese MarketRank™ Stock Analysis

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
17.0% Upside
$162.75 Price Target
Short Interest
Healthy
3.99% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.00
Upright™ Environmental Score
News Sentiment
0.70mentions of Celanese in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
20.43%
From $11.26 to $13.56 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.89 out of 5 stars

Basic Materials Sector

5th out of 175 stocks

Plastics Materials & Synthetic Resins, Synthetic Rubber, Cellulosic Industry

1st out of 2 stocks

CE stock logo

About Celanese Stock (NYSE:CE)

Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. The Acetyl Chain segment produces and supplies acetyl products, including acetic acid, vinyl acetate monomers, acetic anhydride, and acetate esters that are used as starting materials for colorants, paints, adhesives, coatings, and pharmaceuticals; and organic solvents and intermediates for pharmaceutical, agricultural, and chemical products. It also offers vinyl acetate-based emulsions for use in paints and coatings, adhesives, construction, glass fiber, textiles, and paper applications; and ethylene vinyl acetate resins and compounds, as well as low-density polyethylene for use in flexible packaging films, lamination film products, hot melt adhesives, automotive parts, and carpeting applications. In addition, it provides redispersible powders (RDP) for use in construction applications, including flooring, plasters, insulation, tiling, and waterproofing. Celanese Corporation was founded in 1918 and is headquartered in Irving, Texas.

CE Stock Price History

CE Stock News Headlines

We’re in a code red crisis and 99% of Americans are clueless
Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES!
Celanese (CE) Set to Announce Earnings on Thursday
Analysts Set Celanese Co. (NYSE:CE) PT at $159.65
We’re in a code red crisis and 99% of Americans are clueless
Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES!
Newsmakers for May 26
See More Headlines
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Company Calendar

Ex-Dividend for 5/13 Dividend
4/26/2024
Last Earnings
5/08/2024
Dividend Payable
5/13/2024
Today
7/26/2024
Ex-Dividend for 8/12 Dividend
7/30/2024
Next Earnings (Confirmed)
8/01/2024
Dividend Payable
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Plastics materials & synthetic resins, synthetic rubber, cellulosic
Sub-Industry
Specialty Chemicals
CUSIP
15087010
Employees
12,410
Year Founded
1918

Price Target and Rating

Average Stock Price Target
$162.75
High Stock Price Target
$184.00
Low Stock Price Target
$111.00
Potential Upside/Downside
+17.0%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
16 Analysts

Profitability

Net Income
$1.96 billion
Pretax Margin
11.40%

Debt

Sales & Book Value

Annual Sales
$10.94 billion
Cash Flow
$16.10 per share
Book Value
$69.34 per share

Miscellaneous

Free Float
108,860,000
Market Cap
$15.19 billion
Optionable
Optionable
Beta
1.30

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Key Executives


CE Stock Analysis - Frequently Asked Questions

How have CE shares performed this year?

Celanese's stock was trading at $155.37 on January 1st, 2024. Since then, CE shares have decreased by 10.5% and is now trading at $139.08.
View the best growth stocks for 2024 here
.

How were Celanese's earnings last quarter?

Celanese Co. (NYSE:CE) released its quarterly earnings results on Wednesday, May, 8th. The basic materials company reported $2.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.91 by $0.17. The firm's quarterly revenue was down 8.5% on a year-over-year basis.
Read the conference call transcript
.

What is Mark C. Rohr's approval rating as Celanese's CEO?

103 employees have rated Celanese Chief Executive Officer Mark C. Rohr on Glassdoor.com. Mark C. Rohr has an approval rating of 66% among the company's employees.

Does Celanese have any subsidiaries?

Celanese subsidiaries include Santoprene™ thermoplastic vulcanizates, Next Polymers Ltd., Nilit Plastics, SO.F.TER. GROUP, Cool Polymers Inc, Acetex Corporation, Vinamul Polymers, and others.

Who are Celanese's major shareholders?

Top institutional shareholders of Celanese include Bank of New York Mellon Corp (0.99%), Sumitomo Mitsui Trust Holdings Inc. (0.22%), Retirement Systems of Alabama (0.19%) and New York State Teachers Retirement System (0.10%). Insiders that own company stock include Scott A Richardson, Thomas Francis Kelly, Mark Christopher Murray and Vanessa Dupuis.
View institutional ownership trends
.

How do I buy shares of Celanese?

Shares of CE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Celanese own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Celanese investors own include AbbVie (ABBV), NVIDIA (NVDA), Micron Technology (MU), UnitedHealth Group (UNH), Amgen (AMGN), Bank of America (BAC) and AT&T (T).

This page (NYSE:CE) was last updated on 7/27/2024 by MarketBeat.com Staff

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