NYSE:CE - Celanese Stock Price, News, & Analysis

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$85.49 +1.08 (+1.28 %)
(As of 12/18/2018 04:00 PM ET)
Previous Close$84.41
Today's Range$84.60 - $85.74
52-Week Range$83.90 - $119.29
Volume1.17 million shs
Average Volume980,900 shs
Market Capitalization$11.59 billion
P/E Ratio11.38
Dividend Yield2.49%
Beta1.41
Celanese 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
Current SymbolNYSE:CE
Previous Symbol
CUSIP15087010
Phone972-443-4000

Debt

Debt-to-Equity Ratio0.81
Current Ratio2.08
Quick Ratio1.40

Price-To-Earnings

Trailing P/E Ratio11.38
Forward P/E Ratio7.69
P/E Growth0.78

Sales & Book Value

Annual Sales$6.14 billion
Price / Sales1.86
Cash Flow$9.8039 per share
Price / Cash Flow8.72
Book Value$24.32 per share
Price / Book3.52

Profitability

EPS (Most Recent Fiscal Year)$7.51
Net Income$843 million
Net Margins18.57%
Return on Equity39.39%
Return on Assets14.87%

Miscellaneous

Employees7,592
Outstanding Shares133,730,000
Market Cap$11.59 billion
OptionableOptionable

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 Thursday, October 18th. Investors of record on Monday, October 29th will be paid a dividend of $0.54 per share on Thursday, November 8th. This represents a $2.16 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date of this dividend is Friday, October 26th. View Celanese's Dividend History.

How will Celanese's stock buyback program work?

Celanese announced that its Board of Directors has approved a stock repurchase program on Tuesday, July 18th 2017, which allows the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 10.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.

How were Celanese's earnings last quarter?

Celanese Co. (NYSE:CE) announced its quarterly earnings data on Thursday, October, 18th. The basic materials company reported $2.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.74 by $0.22. The basic materials company earned $1.77 billion during the quarter, compared to analyst estimates of $1.81 billion. Celanese had a return on equity of 39.39% and a net margin of 18.57%. The business's revenue was up 13.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.93 EPS. View Celanese's Earnings History.

When is Celanese's next earnings date?

Celanese is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for Celanese.

What guidance has Celanese issued on next quarter's earnings?

Celanese issued an update on its FY18 earnings guidance on Thursday, October, 18th. The company provided earnings per share guidance of $10.90-11.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $10.78. Celanese also updated its FY 2018 guidance to $10.90-11.10 EPS.

What price target have analysts set for CE?

15 brokers have issued 12-month price targets for Celanese's shares. Their forecasts range from $100.00 to $150.00. On average, they expect Celanese's stock price to reach $123.2941 in the next year. This suggests a possible upside of 44.2% from the stock's current price. View Analyst Price Targets for Celanese.

What is the consensus analysts' recommendation for Celanese?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Celanese in the last year. There are currently 1 sell rating, 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Celanese.

Has Celanese been receiving favorable news coverage?

Press coverage about CE stock has been trending somewhat positive this week, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Celanese earned a news impact score of 1.9 on InfoTrie's scale. They also assigned news articles about the basic materials company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.

Are investors shorting Celanese?

Celanese saw a increase in short interest in November. As of November 15th, there was short interest totalling 2,133,514 shares, an increase of 68.3% from the October 31st total of 1,267,685 shares. Based on an average daily volume of 1,329,609 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.6% of the shares of the stock are short sold. View Celanese's Current Options Chain.

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

Who are Celanese's major shareholders?

Celanese's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc (9.02%), Dodge & Cox (7.67%), Dodge & Cox (7.67%), Capital Research Global Investors (6.18%), BlackRock Inc. (5.49%) and Brown Brothers Harriman & Co. (2.81%). Company insiders that own Celanese stock include Benjamin Jones, Christopher W Jensen, John K Wulff, Kevin S Oliver and Peter G Edwards. View Institutional Ownership Trends for Celanese.

Which institutional investors are selling Celanese stock?

CE stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Massachusetts Financial Services Co. MA, Brown Brothers Harriman & Co., Standard Life Aberdeen plc, Mitsubishi UFJ Trust & Banking Corp, Marshall Wace North America L.P., Primecap Management Co. CA and Assenagon Asset Management S.A.. Company insiders that have sold Celanese company stock in the last year include Christopher W Jensen and Peter G Edwards. View Insider Buying and Selling for Celanese.

Which institutional investors are buying Celanese stock?

CE stock was purchased by a variety of institutional investors in the last quarter, including Deutsche Bank AG, MERIAN GLOBAL INVESTORS UK Ltd, JPMorgan Chase & Co., Capital Growth Management LP, AQR Capital Management LLC, Renaissance Technologies LLC, TD Asset Management Inc. and Franklin Resources Inc.. 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 $85.49.

How big of a company is Celanese?

Celanese has a market capitalization of $11.59 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.

What is Celanese's official website?

The official website for Celanese is http://www.celanese.com.

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:  492 (Vote Outperform)
Underperform Votes:  418 (Vote Underperform)
Total Votes:  910
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 12/18/2018 by MarketBeat.com Staff

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