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

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$101.64 -0.17 (-0.17 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$101.64
Today's Range$100.5772 - $102.62
52-Week Range$82.91 - $119.29
Volume953,597 shs
Average Volume1.21 million shs
Market Capitalization$12.87 billion
P/E Ratio9.24
Dividend Yield2.44%
Beta1.34
Celanese Corporation, a technology and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. The company operates through Engineered Materials, Acetate Tow, and Acetyl Chain segments. 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. It also offers acesulfame potassium, a sweetener for use in various beverages, confections, and dairy products; and food protection ingredients, such as potassium sorbate and sorbic acid for use in foods, beverages, and personal care products. The Acetate Tow segment provides acetate tows and flakes for use in filter products applications. 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. 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$7.16 billion
Cash Flow$14.3559 per share
Book Value$27.16 per share

Profitability

Net Income$1.21 billion

Miscellaneous

Employees7,684
Market Cap$12.87 billion
Next Earnings Date7/18/2019 (Estimated)
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 announced a quarterly dividend on Thursday, April 18th. Investors of record on Monday, April 29th will be paid a dividend of $0.62 per share on Thursday, May 9th. This represents a $2.48 annualized dividend and a yield of 2.44%. The ex-dividend date of this dividend is Friday, April 26th. This is a positive change from Celanese's previous quarterly dividend of $0.54. View Celanese's Dividend History.

How will Celanese's stock buyback program work?

Celanese announced that its board has authorized a stock buyback plan on Tuesday, July 18th 2017, which permits the company to repurchase $1,500,000,000.00 in 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 plans 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) issued its earnings results on Monday, April, 22nd. The basic materials company reported $2.62 earnings per share for the quarter, beating the consensus estimate of $2.49 by $0.13. The basic materials company had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.76 billion. Celanese had a return on equity of 39.76% and a net margin of 16.89%. The firm's quarterly revenue was down 8.9% compared to the same quarter last year. During the same quarter last year, the company earned $2.79 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, July 18th 2019. View Earnings Estimates for Celanese.

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

Celanese issued an update on its FY19 earnings guidance on Monday, April, 22nd. The company provided earnings per share guidance of $10.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $10.34. Celanese also updated its FY 2019 guidance to $10.50-10.50 EPS.

What price target have analysts set for CE?

15 equities research analysts have issued 1-year price objectives for Celanese's shares. Their forecasts range from $100.00 to $138.00. On average, they expect Celanese's stock price to reach $119.8750 in the next twelve months. This suggests a possible upside of 17.9% 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 7 hold ratings and 8 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 stories about CE stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Celanese earned a daily sentiment score of 1.9 on InfoTrie's scale. They also gave headlines about the basic materials company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are some of Celanese's key competitors?

What other stocks do shareholders of Celanese own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Celanese investors own include NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), Micron Technology (MU), UnitedHealth Group (UNH), Boeing (BA), Gilead Sciences (GILD), Citigroup (C), JPMorgan Chase & Co. (JPM) and Adobe (ADBE).

Who are Celanese's key executives?

Celanese's management team includes the folowing people:
  • Mr. Mark C. Rohr, Chairman, CEO & Pres (Age 68)
  • Mr. Scott A. Richardson, Sr. VP & CFO (Age 42)
  • Ms. Shannon L. Jurecka, Sr. VP & Chief HR Officer (Age 49)
  • Mr. Kevin S. Oliver, Chief Financial Officer for European Headquarters (Age 47)
  • Ms. Benita M. Casey, Chief Accounting Officer, VP of Fin. & Controller

Who are Celanese's major shareholders?

Celanese's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.98%), Wellington Management Group LLP (3.56%), GMT Capital Corp (2.76%), Wells Fargo & Company MN (2.34%), LSV Asset Management (2.22%) and Artisan Partners Limited Partnership (1.73%). Company insiders that own Celanese stock include Christopher W Jensen, John K Wulff 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 AQR Capital Management LLC, BlackRock Inc., Clark Capital Management Group Inc., O Shaughnessy Asset Management LLC, Victory Capital Management Inc., Renaissance Technologies LLC, Man Group plc and Envestnet Asset Management Inc.. Company insiders that have sold Celanese company stock in the last year include John K Wulff 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 Hexavest Inc., JPMorgan Chase & Co., Charles Schwab Investment Management Inc., Voya Investment Management LLC, Great West Life Assurance Co. Can, Wells Fargo & Company MN, Oxford Asset Management LLP and Assenagon Asset Management S.A.. 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 $101.64.

How big of a company is Celanese?

Celanese has a market capitalization of $12.87 billion and generates $7.16 billion in revenue each year. The basic materials company earns $1.21 billion in net income (profit) each year or $11.00 on an earnings per share basis. Celanese employs 7,684 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:  521 (Vote Outperform)
Underperform Votes:  454 (Vote Underperform)
Total Votes:  975
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 5/19/2019 by MarketBeat.com Staff

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