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

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$102.50 -0.22 (-0.21 %)
(As of 02/22/2019 06:00 AM ET)
Previous Close$102.72
Today's Range$102.04 - $103.56
52-Week Range$82.91 - $119.29
Volume1.15 million shs
Average Volume1.18 million shs
Market Capitalization$13.13 billion
P/E Ratio9.31
Dividend Yield2.10%
Beta1.31
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$7.16 billion
Cash Flow$14.3357 per share
Book Value$26.38 per share

Profitability

Net Income$1.21 billion

Miscellaneous

Employees7,684
Market Cap$13.13 billion
Next Earnings Date4/15/2019 (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, February 7th. Shareholders of record on Tuesday, February 19th will be paid a dividend of $0.54 per share on Friday, March 1st. This represents a $2.16 annualized dividend and a yield of 2.11%. The ex-dividend date is Friday, February 15th. View Celanese's Dividend History.

How will Celanese's stock buyback program work?

Celanese declared that its Board of Directors has authorized a stock repurchase program 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 reacquire up to 10.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board believes its stock is undervalued.

How were Celanese's earnings last quarter?

Celanese Co. (NYSE:CE) issued its quarterly earnings results on Monday, January, 28th. The basic materials company reported $2.38 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.40 by $0.02. The basic materials company earned $1.69 billion during the quarter, compared to the consensus estimate of $1.72 billion. Celanese had a net margin of 16.87% and a return on equity of 40.37%. Celanese's revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.98 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, April 15th 2019. View Earnings Estimates for Celanese.

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

Celanese updated its FY19 earnings guidance on Monday, January, 28th. The company provided earnings per share guidance of ~$10.50 for the period, compared to the Thomson Reuters consensus estimate of $11.05. Celanese also updated its FY 2019 guidance to $10.50-10.50 EPS.

What price target have analysts set for CE?

14 brokerages have issued 12 month price targets for Celanese's shares. Their predictions range from $100.00 to $138.00. On average, they expect Celanese's stock price to reach $117.6667 in the next twelve months. This suggests a possible upside of 14.8% 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, 5 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?

Press coverage about CE stock has trended positive on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Celanese earned a news sentiment score of 2.3 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the stock's share price in the near future.

Are investors shorting Celanese?

Celanese saw a decrease in short interest in January. As of January 31st, there was short interest totalling 3,933,667 shares, a decrease of 35.6% from the January 15th total of 6,109,965 shares. Based on an average trading volume of 1,623,379 shares, the days-to-cover ratio is presently 2.4 days. Currently, 3.0% of the company's stock are sold short. View Celanese's Current Options Chain.

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), Micron Technology (MU), Boeing (BA), UnitedHealth Group (UNH), Intel (INTC), Bank of America (BAC), JPMorgan Chase & Co. (JPM), AbbVie (ABBV) 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 McDougald Sutton, Chief Operating Officer (Age 54)
  • Mr. Kevin S. Oliver, Chief Financial Officer for European Headquarters (Age 47)
  • Mr. Peter G. Edwards Esq., Exec. Officer (Age 58)
  • Mr. Scott A. Richardson, Sr. VP & CFO

Who are Celanese's major shareholders?

Celanese's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.08%), LSV Asset Management (2.11%), Bank of New York Mellon Corp (1.84%), Standard Life Aberdeen plc (1.58%), Geode Capital Management LLC (1.36%) and Northern Trust Corp (1.00%). Company insiders that own Celanese stock include Benjamin Jones, Christopher W Jensen, John K Wulff 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 Victory Capital Management Inc., Millennium Management LLC, Westfield Capital Management Co. LP, D. E. Shaw & Co. Inc., Two Sigma Investments LP, Standard Life Aberdeen plc, Jennison Associates LLC and Canada Pension Plan Investment Board. 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 BlackRock Inc., Geode Capital Management LLC, Bank of New York Mellon Corp, Northern Trust Corp, MERIAN GLOBAL INVESTORS UK Ltd, LSV Asset Management, PNC Financial Services Group Inc. and Prudential Financial 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 $102.50.

How big of a company is Celanese?

Celanese has a market capitalization of $13.13 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:  505 (Vote Outperform)
Underperform Votes:  434 (Vote Underperform)
Total Votes:  939
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 2/22/2019 by MarketBeat.com Staff

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