OTCMKTS:COVTYCOVESTRO AG/S Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding COVESTRO AG/S Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $19.64 +0.72 (+3.81 %) (As of 06/3/2020 01:32 PM ET) Add Compare Share Today's Range$19.55Now: $19.64▼$19.7550-Day Range$15.31MA: $16.77▼$19.3152-Week Range$13.18Now: $19.64▼$26.55Volume17,359 shsAverage Volume45,475 shsMarket Capitalization$7.18 billionP/E Ratio6.64Dividend Yield4.99%Beta1.42 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsHeadlinesSocial Media Covestro AG develops, produces, and markets polymer materials for various industries worldwide. The company operates in three segments: Polyurethanes; Polycarbonates; and Coatings, Adhesives, Specialties. The Polyurethanes segment offers precursors, such as flexible polyurethane foam primarily used in the furniture and automotive industries; and rigid foam used as insulating material in the construction industry and in refrigeration chains. The Polycarbonates segment provides high-performance plastic polycarbonates in the form of granules, composite materials, and semi-finished products for use in the automotive, construction, electrical and electronic, medical technology, and lighting industries. The Coatings, Adhesives, Specialties segment offers precursors for coatings, adhesives, and sealants, as well as specialties. This segment also provides polymer materials and aqueous dispersions for use in automotive and transportation, infrastructure and construction, wood processing, and furniture applications. It markets its products through trading houses and distributors. The company has partnership with Genomatica, Inc. to research and develop high-performance materials based on renewable feed-stocks. Covestro AG was founded in 2005 and is headquartered in Leverkusen, Germany.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for COVESTRO AG/S. Previous Next 2.1 Community Rank Outperform VotesCOVESTRO AG/S has received 31 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCOVESTRO AG/S has received 44 “underperform” votes. (Add your “underperform” vote.)Community SentimentCOVESTRO AG/S has received 58.67% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about COVESTRO AG/S and other stocks. Vote “Outperform” if you believe COVTY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe COVTY will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipCOVESTRO AG/S is a leading dividend payer. It pays a dividend yield of 4.99%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCOVESTRO AG/S does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, COVESTRO AG/S will have a dividend payout ratio of 175.00 % in the coming year. This indicates that COVESTRO AG/S may not be able to sustain their current dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, COVESTRO AG/S insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 0.18% of the stock of COVESTRO AG/S is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for COVESTRO AG/S are expected to grow in the coming year, from ($0.17) to $0.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of COVESTRO AG/S is 6.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.08.Price to Earnings Ratio vs. SectorThe P/E ratio of COVESTRO AG/S is 6.64, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.53.Price to Book Value per Share RatioCOVESTRO AG/S has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.13 out of 5 stars Industry, Sector and Symbol Stock Exchange OTCMKTS Industry Private households Sub-IndustryN/A SectorBasic Materials Current SymbolOTCMKTS:COVTY Previous Symbol CUSIPN/A CIKN/A Webwww.covestro.com Phone49-2146-009-2000Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/APrice-To-Earnings Trailing P/E Ratio6.64 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$17.26 billion Price / Sales0.42 Cash Flow$7.76 per share Price / Cash Flow2.53 Book Value$16.48 per share Price / Book1.19Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees17,000 Outstanding Shares365,409,000Market Cap$7.18 billion Next Earnings Date6/8/2020 (Estimated) OptionableNot Optionable OTC:COVTY Rates by TradingView Receive COVTY News and Ratings via Email Sign-up to receive the latest news and ratings for COVTY and its competitors with MarketBeat's FREE daily newsletter. COVESTRO AG/S (OTCMKTS:COVTY) Frequently Asked Questions How has COVESTRO AG/S's stock been impacted by COVID-19 (Coronavirus)? COVESTRO AG/S's stock was trading at $16.7050 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, COVTY shares have increased by 17.6% and is now trading at $19.64. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of COVESTRO AG/S? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for COVESTRO AG/S in the last year. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for COVESTRO AG/S. When is COVESTRO AG/S's next earnings date? COVESTRO AG/S is scheduled to release its next quarterly earnings announcement on Monday, June 8th 2020. View our earnings forecast for COVESTRO AG/S. Has COVESTRO AG/S been receiving favorable news coverage? Media stories about COVTY stock have been trending very negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. COVESTRO AG/S earned a daily sentiment score of -3.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutCOVESTRO AG/S. Who are some of COVESTRO AG/S's key competitors? Some companies that are related to COVESTRO AG/S include COMPASS GRP PLC/S (CMPGY), CK HUTCHISON HO/ADR (CKHUY), AMADEUS IT HLDG/ADR (AMADY), Eisai (ESALY), HENNES & MAURIT/ADR (HNNMY), UNICHARM CORP/S (UNICY), CHINA CITIC BK/ADR (CHCJY), Fujitsu (FJTSY), KERRY GRP PLC/S (KRYAY), SWIRE PAC LTD/S (SWRAY), ASSA ABLOY AB/S (ASAZY), VESTAS WIND SYS/ADR (VWDRY), SANDVIK AB/ADR (SDVKY), A P MOLLER-MAER/ADR (AMKBY) and Sino Biopharmaceutical (SBMFF). View all competitors. Who are COVESTRO AG/S's key executives? COVESTRO AG/S's management team includes the following people: Dr. Markus Steilemann, CEO, Chief Commercial Officer & Chairman of Management Board (Age 49)Dr. Thomas Toepfer, CFO, Labor Director & Member of Management Board (Age 47)Dr. Klaus Schäfer, CTO & Member of Management Board (Age 57)Mr. Ronald Kohler, Head of Investor RelationsDr. Joachim H. Wolff, Head of Polyurethanes Bus. Unit (Age 67) What is COVESTRO AG/S's stock symbol? COVESTRO AG/S trades on the OTCMKTS under the ticker symbol "COVTY." How do I buy shares of COVESTRO AG/S? Shares of COVTY 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, Robinhood, Fidelity, and Charles Schwab. What is COVESTRO AG/S's stock price today? One share of COVTY stock can currently be purchased for approximately $19.64. How big of a company is COVESTRO AG/S? COVESTRO AG/S has a market capitalization of $7.18 billion and generates $17.26 billion in revenue each year. COVESTRO AG/S employs 17,000 workers across the globe. What is COVESTRO AG/S's official website? The official website for COVESTRO AG/S is www.covestro.com. How can I contact COVESTRO AG/S? COVESTRO AG/S's mailing address is Kaiser-Wilhelm-Allee 60, Leverkusen 2M, 51373. The company can be reached via phone at 49-2146-009-2000 or via email at [email protected] This page was last updated on 6/3/2020 by MarketBeat.com Staff
