NYSE:CE - Celanese Stock Price, Price Target & More

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$110.77 -0.89 (-0.80 %)
(As of 07/16/2018 08:42 AM ET)
Previous Close$111.66
Today's Range$110.66 - $111.79
52-Week Range$91.15 - $118.40
Volume756,776 shs
Average Volume784,781 shs
Market Capitalization$15.05 billion
P/E Ratio14.75
Dividend Yield1.95%
Beta1.28
Celanese logoCelanese Corporation, a technology and specialty materials company, manufactures and sells value-added chemicals, thermoplastic polymers, and other chemical-based products worldwide. The company operates through Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, and Acetyl Intermediates segments. The Advanced 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 Consumer Specialties segment provides cellulose acetate tows and flakes for use in filter products applications; food protection ingredients, such as potassium sorbate and sorbic acid for food and beverage industry; and Sunett, a sweetener for use in various beverages, confections, and dairy products. The Industrial Specialties segment 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 resins for use in flexible packaging films, lamination film products, hot melt adhesives, automotive parts, and carpeting applications. The Acetyl Intermediates segment produces and sells 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. Celanese Corporation was founded in 1918 and is headquartered in Irving, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Plastics materials & synthetic resins, synthetic rubber, cellulosic
Sub-IndustrySpecialty Chemicals
SectorBasic Materials
SymbolNYSE:CE
CUSIP15087010
Phone972-443-4000

Debt

Debt-to-Equity Ratio0.91
Current Ratio1.88
Quick Ratio1.28

Price-To-Earnings

Trailing P/E Ratio14.75
Forward P/E Ratio11.65
P/E Growth1.3

Sales & Book Value

Annual Sales$6.14 billion
Price / Sales2.45
Cash Flow$9.9345 per share
Price / Cash11.15
Book Value$24.32 per share
Price / Book4.55

Profitability

EPS (Most Recent Fiscal Year)$7.51
Net Income$843 million
Net Margins15.69%
Return on Equity35.22%
Return on Assets12.49%

Miscellaneous

Employees7,592
Outstanding Shares135,850,000
Market Cap$15,048.66

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Celanese (NYSE:CE) Frequently Asked Questions

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 declared a quarterly dividend on Wednesday, April 18th. Shareholders of record on Monday, April 30th will be paid a dividend of $0.54 per share on Thursday, May 10th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date is Friday, April 27th. This is an increase from Celanese's previous quarterly dividend of $0.46. View Celanese's Dividend History.

How will Celanese's stock buyback program work?

Celanese declared that its board has initiated a share repurchase plan on Tuesday, July 18th 2017, which permits the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 10.9% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its shares are undervalued.

How were Celanese's earnings last quarter?

Celanese Co. (NYSE:CE) issued its quarterly earnings results on Monday, April, 16th. The basic materials company reported $2.79 EPS for the quarter, beating the Zacks' consensus estimate of $2.33 by $0.46. The basic materials company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.66 billion. Celanese had a return on equity of 35.22% and a net margin of 15.69%. The company's quarterly revenue was up 25.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.81 earnings per share. View Celanese's Earnings History.

When is Celanese's next earnings date?

Celanese is scheduled to release their next quarterly earnings announcement on Thursday, July, 19th 2018. View Earnings Estimates for Celanese.

What price target have analysts set for CE?

17 equities research analysts have issued 12 month price objectives for Celanese's shares. Their predictions range from $82.00 to $150.00. On average, they anticipate Celanese's share price to reach $121.0127 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price. View Analyst Ratings for Celanese.

What is the consensus analysts' recommendation for Celanese?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Celanese in the last year. There are currently 1 sell rating, 4 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about Celanese stock?

Here are some recent quotes from research analysts about Celanese stock:
  • 1. med analysts commented, "Alembic Global analyst Hassan Ahmed maintained a Sell rating on Celanese Corp (NYSE: CE) today and set a price target of $82. The company’s shares opened today at $112.34, close to its 52-week high of $113.33." (4/24/2018)
  • 2. According to Zacks Investment Research, "Annual estimates for Celanese have been going up lately. Celanese has outperformed the industry it belongs to over a year. Celanese’s strategic measures including acquisitions and operational cost savings through productivity actions are likely to lend support to earnings. SO.F.TER. and Nilit acquisitions are expected to drive earnings in the Advanced Engineered Materials unit. The company is also poised to gain from expansion in emerging regions. Moreover, Celanese remains focused on returning value to shareholders." (4/11/2018)

Who are some of Celanese's key competitors?

Who are Celanese's key executives?

Celanese's management team includes the folowing people:
  • Mr. Mark C. Rohr, Chairman, CEO & Pres (Age 67)
  • Mr. Scott McDougald Sutton, Chief Operating Officer (Age 53)
  • Mr. Peter G. Edwards Esq., Exec. VP & Gen. Counsel (Age 57)
  • Mr. Kevin S. Oliver, Chief Financial Officer for European Headquarters (Age 46)
  • Mr. Scott A. Richardson, Sr. VP & CFO

Has Celanese been receiving favorable news coverage?

News articles about CE stock have trended positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Celanese earned a news impact score of 0.43 on Accern's scale. They also assigned headlines about the basic materials company an impact score of 45.66 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Who are Celanese's major shareholders?

Celanese's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Fjarde AP Fonden Fourth Swedish National Pension Fund (0.04%), American National Bank (0.03%), State of Alaska Department of Revenue (0.02%), DnB Asset Management AS (0.01%), Xact Kapitalforvaltning AB (0.01%) and Gulf International Bank UK Ltd (0.01%). Company insiders that own Celanese stock include Benjamin Jones, Christopher W Jensen, Gjon N Nivica Jr, John K Wulff, Kevin S Oliver, Lori A Johnston and Peter G Edwards. View Institutional Ownership Trends for Celanese.

Which major investors are selling Celanese stock?

CE stock was sold by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Gulf International Bank UK Ltd, American National Bank, Fjarde AP Fonden Fourth Swedish National Pension Fund, Livforsakringsbolaget Skandia Omsesidigt, Fulton Bank N.A. and Cerebellum GP LLC. Company insiders that have sold Celanese company stock in the last year include Christopher W Jensen, John K Wulff and Peter G Edwards. View Insider Buying and Selling for Celanese.

Which major investors are buying Celanese stock?

CE stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Xact Kapitalforvaltning AB, IFM Investors Pty Ltd, Atria Investments LLC and DnB Asset Management AS. View Insider Buying and Selling for Celanese.

How do I buy shares of Celanese?

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

What is Celanese's stock price today?

One share of CE stock can currently be purchased for approximately $110.77.

How big of a company is Celanese?

Celanese has a market capitalization of $15.05 billion and generates $6.14 billion in revenue each year. The basic materials company earns $843 million in net income (profit) each year or $7.51 on an earnings per share basis. Celanese employs 7,592 workers across the globe.

How can I contact Celanese?

Celanese's mailing address is 222 West Las Colinas Blvd. Suite 900 North, Irving TX, 75039. The basic materials company can be reached via phone at 972-443-4000 or via email at [email protected]


MarketBeat Community Rating for Celanese (NYSE CE)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  453 (Vote Outperform)
Underperform Votes:  385 (Vote Underperform)
Total Votes:  838
MarketBeat's community ratings are surveys of what our community members think about Celanese and other stocks. Vote "Outperform" if you believe CE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/16/2018 by MarketBeat.com Staff

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