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

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$98.14 -4.54 (-4.42 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$98.14
Today's Range$98.08 - $101.66
52-Week Range$82.91 - $119.29
Volume771,198 shs
Average Volume959,873 shs
Market Capitalization$12.57 billion
P/E Ratio8.92
Dividend Yield2.20%
Beta1.33
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$14.3480 per share
Book Value$26.38 per share

Profitability

Net Income$1.21 billion

Miscellaneous

Employees7,684
Market Cap$12.57 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 declared a quarterly dividend on Thursday, February 7th. Stockholders of record on Tuesday, February 19th will be given a dividend of $0.54 per share on Friday, March 1st. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date of this dividend is Friday, February 15th. View Celanese's Dividend History.

How will Celanese's stock buyback program work?

Celanese announced that its board has approved a share buyback plan on Tuesday, July 18th 2017, which authorizes the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 10.9% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its stock is undervalued.

How were Celanese's earnings last quarter?

Celanese Co. (NYSE:CE) released its quarterly earnings results on Monday, January, 28th. The basic materials company reported $2.38 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $2.40 by $0.02. The basic materials company earned $1.69 billion during the quarter, compared to analyst estimates of $1.72 billion. Celanese had a net margin of 16.87% and a return on equity of 40.37%. The firm's revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.98 EPS. 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 EPS guidance of ~$10.50 for the period, compared to the Thomson Reuters consensus earnings per share 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 analysts have issued 12-month price objectives for Celanese's shares. Their predictions range from $100.00 to $138.00. On average, they anticipate Celanese's share price to reach $117.6667 in the next year. This suggests a possible upside of 19.9% 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?

Media headlines about CE stock have been trending neutral recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news 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 coverage optimism score of 0.2 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the company's share price in the next few days.

Are investors shorting Celanese?

Celanese saw a decline in short interest during the month of February. As of February 15th, there was short interest totalling 2,567,421 shares, a decline of 34.7% from the January 31st total of 3,933,667 shares. Based on an average daily volume of 1,088,834 shares, the days-to-cover ratio is currently 2.4 days. Currently, 1.9% of the company's stock are short sold. 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), Micron Technology (MU), Boeing (BA), UnitedHealth Group (UNH), Alibaba Group (BABA), Intel (INTC), JPMorgan Chase & Co. (JPM), Bank of America (BAC), AbbVie (ABBV) and Chevron (CVX).

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)
  • Mr. Scott McDougald Sutton, Chief Operating Officer (Age 54)
  • Ms. Shannon Jurecka, Sr. VP & Chief HR Officer (Age 49)
  • Mr. Kevin S. Oliver, Chief Financial Officer for European Headquarters (Age 47)

Who are Celanese's major shareholders?

Celanese's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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 (1.42%) and Northern Trust Corp (1.00%). 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 Victory Capital Management Inc., Millennium Management LLC, Westfield Capital Management Co. LP, FMR LLC, D. E. Shaw & Co. Inc., Two Sigma Investments LP, Standard Life Aberdeen plc and Jennison Associates LLC. View Insider Buying and Selling for Celanese.

Which institutional investors are buying Celanese stock?

CE stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Norges Bank, Geode Capital Management LLC, Bank of New York Mellon Corp, Northern Trust Corp, MERIAN GLOBAL INVESTORS UK Ltd, LSV Asset Management and PNC Financial Services Group 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 $98.14.

How big of a company is Celanese?

Celanese has a market capitalization of $12.57 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].com.


MarketBeat Community Rating for Celanese (NYSE CE)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  511 (Vote Outperform)
Underperform Votes:  437 (Vote Underperform)
Total Votes:  948
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 3/24/2019 by MarketBeat.com Staff

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