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

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$96.16 +1.51 (+1.60 %)
(As of 01/18/2019 06:36 AM ET)
Previous Close$94.65
Today's Range$93.46 - $96.17
52-Week Range$82.91 - $119.29
Volume2.06 million shs
Average Volume2.80 million shs
Market Capitalization$12.66 billion
P/E Ratio12.80
Dividend Yield2.28%
Beta1.4
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

Industry Plastics materials & synthetic resins, synthetic rubber, cellulosic
Sub-IndustrySpecialty Chemicals
SectorBasic Materials
CUSIP15087010
Phone972-443-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.14 billion
Cash Flow$10.1008 per share
Book Value$24.32 per share

Profitability

Net Income$843 million

Miscellaneous

Employees7,592
Market Cap$12.66 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 2.25%. The ex-dividend date is Friday, October 26th. View Celanese's Dividend History.

How will Celanese's stock buyback program work?

Celanese declared that its board has approved a stock repurchase program on Tuesday, July 18th 2017, which permits the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 10.9% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

How were Celanese's earnings last quarter?

Celanese Co. (NYSE:CE) posted its earnings results on Thursday, October, 18th. The basic materials company reported $2.96 EPS for the quarter, topping analysts' consensus estimates of $2.74 by $0.22. The basic materials company had revenue of $1.77 billion for 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 company's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.93 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 Monday, January 28th 2019. View Earnings Estimates for Celanese.

What price target have analysts set for CE?

14 brokers have issued 12-month target prices for Celanese's shares. Their forecasts range from $100.00 to $145.00. On average, they anticipate Celanese's share price to reach $120.4375 in the next year. This suggests a possible upside of 25.2% from the stock's current price. View Analyst Price Targets for Celanese.

What is the consensus analysts' recommendation for Celanese?

14 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 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Celanese.

Has Celanese been receiving favorable news coverage?

Media coverage about CE stock has trended somewhat positive this week, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Celanese earned a news sentiment score of 0.7 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days.

Are investors shorting Celanese?

Celanese saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 7,625,889 shares, an increase of 209.7% from the December 14th total of 2,462,356 shares. Based on an average trading volume of 4,438,853 shares, the short-interest ratio is currently 1.7 days. Currently, 5.7% of the shares of the stock are sold short. 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 many different of retail and institutional investors. Top institutional investors include Gateway Investment Advisers LLC (0.05%), Retirement Systems of Alabama (0.04%), Nisa Investment Advisors LLC (0.04%), American National Bank (0.03%), State of Alaska Department of Revenue (0.02%) and DNB Asset Management AS (0.02%). 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 Nippon Life Global Investors Americas Inc., First Hawaiian Bank, American National Bank, Oakbrook Investments LLC, Private Trust Co. NA, Fruth Investment Management, Curbstone Financial Management Corp and Palisade Asset Management LLC. View Insider Buying and Selling for Celanese.

Which institutional investors are buying Celanese stock?

CE stock was bought by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Bowling Portfolio Management LLC, Nisa Investment Advisors LLC, Highland Capital Management LLC, Louisiana State Employees Retirement System, Gateway Investment Advisers LLC, DNB Asset Management AS and Visionary Asset Management 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 $96.16.

How big of a company is Celanese?

Celanese has a market capitalization of $12.66 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:  498 (Vote Outperform)
Underperform Votes:  428 (Vote Underperform)
Total Votes:  926
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 1/18/2019 by MarketBeat.com Staff

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