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

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$93.37 -2.36 (-2.47 %)
(As of 01/23/2019 04:00 PM ET)
Previous Close$95.73
Today's Range$92.91 - $96.22
52-Week Range$82.91 - $119.29
Volume2.01 million shs
Average Volume1.45 million shs
Market Capitalization$12.49 billion
P/E Ratio12.43
Dividend Yield2.21%
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$9.4888 per share
Book Value$24.32 per share

Profitability

Net Income$843 million

Miscellaneous

Employees7,592
Market Cap$12.49 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. Stockholders of record on Monday, October 29th will be given a dividend of $0.54 per share on Thursday, November 8th. This represents a $2.16 annualized dividend and a dividend yield of 2.31%. The ex-dividend date is Friday, October 26th. View Celanese's Dividend History.

How will Celanese's stock buyback program work?

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

How were Celanese's earnings last quarter?

Celanese Co. (NYSE:CE) released its earnings results on Thursday, October, 18th. The basic materials company reported $2.96 earnings per share for the quarter, topping the consensus estimate 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 net margin of 18.57% and a return on equity of 39.39%. Celanese's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter last year, the company earned $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.

How can I listen to Celanese's earnings call?

Celanese will be holding an earnings conference call on Tuesday, January 29th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8662359919.

What price target have analysts set for CE?

14 analysts have issued 1-year target prices for Celanese's stock. Their forecasts range from $100.00 to $145.00. On average, they anticipate Celanese's stock price to reach $120.4375 in the next year. This suggests a possible upside of 29.0% 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?

Headlines about CE stock have been trending positive on Wednesday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Celanese earned a daily sentiment score of 2.8 on InfoTrie's scale. They also gave media coverage about the basic materials company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the company's share price in the near term.

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 daily trading volume, of 4,438,853 shares, the days-to-cover ratio is presently 1.7 days. Currently, 5.7% of the company's shares 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 a variety of of retail and institutional investors. Top institutional shareholders include James Investment Research Inc. (0.20%), Steigerwald Gordon & Koch Inc. (0.07%), Bank of Montreal Can (0.07%), Gateway Investment Advisers LLC (0.05%), Retirement Systems of Alabama (0.04%) and Nisa Investment Advisors LLC (0.04%). 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 James Investment Research Inc., Assenagon Asset Management S.A., Nippon Life Global Investors Americas Inc., Strs Ohio, First Hawaiian Bank, American National Bank, Oakbrook Investments LLC and Private Trust Co. NA. 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, Bank of Montreal Can, Bowling Portfolio Management LLC, Nisa Investment Advisors LLC, Highland Capital Management LLC, Louisiana State Employees Retirement System, Gateway Investment Advisers 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 $93.37.

How big of a company is Celanese?

Celanese has a market capitalization of $12.49 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:  499 (Vote Outperform)
Underperform Votes:  428 (Vote Underperform)
Total Votes:  927
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 1/23/2019 by MarketBeat.com Staff

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