CE Stock Forecast, Price & News (Celanese) | MarketBeat
NYSE:CE

Celanese Stock Forecast, Price & News

$157.30
+3.23 (+2.10 %)
(As of 04/23/2021 05:06 PM ET)
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Today's Range
$148.50
Now: $157.30
$158.87
50-Day Range
$141.47
MA: $150.36
$158.66
52-Week Range
$69.69
Now: $157.30
$159.32
Volume1.27 million shs
Average Volume863,222 shs
Market Capitalization$17.96 billion
P/E Ratio32.57
Dividend Yield1.77%
Beta1.21
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. In addition, it manufactures ultra-high molecular weight polyethylene. Celanese Corporation was founded in 1918 and is headquartered in Irving, Texas.
Celanese logo

Industry, Sector and Symbol

Industry Plastics materials & synthetic resins, synthetic rubber, cellulosic
Sub-IndustrySpecialty Chemicals
CUSIP15087010
Phone972-443-4000
Employees7,658
Year Founded1918

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.30 billion
Cash Flow$15.15 per share
Book Value$24.24 per share

Profitability

Net Income$852 million

Miscellaneous

Market Cap$17.96 billion
Next Earnings Date7/27/2021 (Estimated)
OptionableOptionable

Headlines

Celanese Corp (CE) Q1 2021 Earnings Call Transcript
April 23, 2021 |  finance.yahoo.com
Celanese stock gains after company's Q1 pricing boost
April 22, 2021 |  finance.yahoo.com
Celanese (CE) Q1 Earnings and Revenues Top Estimates
April 22, 2021 |  finance.yahoo.com
Celanese (NYSE:CE) Updates Q2 Earnings Guidance
April 22, 2021 |  americanbankingnews.com
Celanese (NYSE:CE) Posts Earnings Results
April 22, 2021 |  americanbankingnews.com
$3.01 EPS Expected for Celanese Co. (NYSE:CE) This Quarter
April 22, 2021 |  americanbankingnews.com
Celanese Q1 2021 Earnings Preview - Seeking Alpha
April 21, 2021 |  seekingalpha.com
See More Headlines

MarketRank

Overall MarketRank

2.18 out of 5 stars

Basic Materials Sector

23rd out of 855 stocks

Plastics Materials & Synthetic Resins, Synthetic Rubber, Cellulosic Industry

1st out of 4 stocks

Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$157.30
+3.23 (+2.10 %)
(As of 04/23/2021 05:06 PM ET)
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Celanese (NYSE:CE) Frequently Asked Questions

Is Celanese a buy right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Celanese in the last year. There are currently 1 sell rating, 7 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Celanese stock.
View analyst ratings for Celanese
or view top-rated stocks.

What stocks does MarketBeat like better than Celanese?

Wall Street analysts have given Celanese a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Celanese wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Celanese's next earnings date?

Celanese is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Celanese
.

How were Celanese's earnings last quarter?

Celanese Co. (NYSE:CE) posted its quarterly earnings results on Wednesday, April, 21st. The basic materials company reported $3.46 EPS for the quarter, topping the Zacks' consensus estimate of $2.96 by $0.50. The basic materials company earned $1.80 billion during the quarter, compared to analyst estimates of $1.72 billion. Celanese had a trailing twelve-month return on equity of 31.41% and a net margin of 10.46%. The firm's quarterly revenue was up 23.2% compared to the same quarter last year. During the same period in the prior year, the business earned $2.29 earnings per share.
View Celanese's earnings history
.

How has Celanese's stock price been impacted by Coronavirus (COVID-19)?

Celanese's stock was trading at $80.67 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CE stock has increased by 95.0% and is now trading at $157.29.
View which stocks have been most impacted by COVID-19
.

How often does Celanese pay dividends? What is the dividend yield for Celanese?

Celanese declared a quarterly dividend on Friday, April 16th. Investors of record on Monday, April 26th will be paid a dividend of $0.68 per share on Monday, May 10th. This represents a $2.72 annualized dividend and a yield of 1.73%. The ex-dividend date of this dividend is Friday, April 23rd.
View Celanese's dividend history
.

Is Celanese a good dividend stock?

Celanese pays an annual dividend of $2.72 per share and currently has a dividend yield of 1.71%. Celanese does not yet have a strock track record of dividend growth. The dividend payout ratio of Celanese is 28.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Celanese will have a dividend payout ratio of 28.94% next year. This indicates that Celanese will be able to sustain or increase its dividend.
View Celanese's dividend history.

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

Celanese updated its second quarter earnings guidance on Thursday, April, 22nd. The company provided earnings per share (EPS) guidance of approx $4.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.04.

What price target have analysts set for CE?

20 Wall Street analysts have issued 12 month price objectives for Celanese's shares. Their forecasts range from $85.00 to $183.00. On average, they expect Celanese's share price to reach $130.22 in the next twelve months. This suggests that the stock has a possible downside of 17.2%.
View analysts' price targets for Celanese
or view top-rated stocks among Wall Street analysts.

Who are Celanese's key executives?

Celanese's management team includes the following people:
  • Ms. Lori J. Ryerkerk, Chairman, Pres & CEO (Age 58, Pay $2.57M)
  • Mr. Scott A. Richardson, Exec. VP & CFO (Age 44, Pay $1.35M) (LinkedIn Profile)
  • Ms. A. Lynne Puckett, Sr. VP, Gen. Counsel & Corp. Sec. (Age 58, Pay $925.68k)
  • Mr. Thomas Francis Kelly, Sr. VP of Engineered Materials (Age 56, Pay $1.17M)
  • Ms. Benita M. Casey, Chief Accounting Officer, VP of Fin. & Controller
  • Verghese Thomas, VP and Chief Technology & Innovation Officer
  • Mr. Sameer Purao, VP & Chief Information Officer
  • Ms. Vanessa Dupuis, Sr. VP & Chief HR Officer
  • Mr. Jon Mortimer, Sr. VP of Global Manufacturing
  • Mr. John G. Fotheringham, Sr. VP of Acetyls (Age 52) (LinkedIn Profile)

What is Mark C. Rohr's approval rating as Celanese's CEO?

103 employees have rated Celanese CEO Mark C. Rohr on Glassdoor.com. Mark C. Rohr has an approval rating of 66% among Celanese's employees.

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 AbbVie (ABBV), NVIDIA (NVDA), Micron Technology (MU), UnitedHealth Group (UNH), Amgen (AMGN), Bank of America (BAC), AT&T (T), The Boeing (BA), Alibaba Group (BABA) and JPMorgan Chase & Co. (JPM).

What is Celanese's stock symbol?

Celanese trades on the New York Stock Exchange (NYSE) under the ticker symbol "CE."

Who are Celanese's major shareholders?

Celanese's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Hallmark Capital Management Inc. (0.13%), New York State Teachers Retirement System (0.12%), Calamos Advisors LLC (0.12%), Robeco Institutional Asset Management B.V. (0.12%), Gateway Investment Advisers LLC (0.09%) and Chevy Chase Trust Holdings Inc. (0.07%).
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 Calamos Advisors LLC, Hexavest Inc., Royal London Asset Management Ltd., Granite Investment Advisors LLC, Chevy Chase Trust Holdings Inc., Hallmark Capital Management Inc., Retirement Systems of Alabama, and Farmers Trust Co..
View insider buying and selling activity for Celanese
or view top insider-selling stocks.

Which institutional investors are buying Celanese stock?

CE stock was purchased by a variety of institutional investors in the last quarter, including Gradient Investments LLC, New York State Teachers Retirement System, State of Alaska Department of Revenue, Everence Capital Management Inc., DnB Asset Management AS, James Investment Research Inc., Zeke Capital Advisors LLC, and Robeco Institutional Asset Management B.V..
View insider buying and selling activity for Celanese
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Celanese's stock price today?

One share of CE stock can currently be purchased for approximately $157.29.

How much money does Celanese make?

Celanese has a market capitalization of $17.96 billion and generates $6.30 billion in revenue each year. The basic materials company earns $852 million in net income (profit) each year or $9.53 on an earnings per share basis.

How many employees does Celanese have?

Celanese employs 7,658 workers across the globe.

Does Celanese have any subsidiaries?

The following companies are subsidiares of Celanese: Acetate Belgium Holdings B.V., Acetate Belgium Holdings LLC, Acetate Europe Coöperatief U.A., Acetate Holding Company Limited, Acetate Holdings LLC, Acetate Hong Kong Holdings LLC, Acetate Intermediate Holdings LLC, Acetate International LLC, Acetate Luxembourg S.à r.l., Acetate Sales U.S. Ltd., Acetate UTP Holdings LLC, Acetex (Cyprus) Ltd., Acetex Chimie S.A.S., Acetex Corporation, CCC Environmental Management and Solutions GmbH & Co. KG, CCC Environmental Management and Solutions Verwaltungs-GmbH, CE Mexico Holdings LLC, CE Receivables LLC, CELX Investments S.à r.l., CEMX Holdings LLC, CNA Holdings LLC, CdwllMex S. de R.L. de C.V., Celanese (China) Holding Co. Ltd., Celanese (Nanjing) Chemical Co. Ltd., Celanese (Shanghai) International Trading Co. Ltd., Celanese (Suzhou) Engineering Plastics Co. Ltd., Celanese (Thailand) Limited, Celanese Acetate C.V., Celanese Acetate Holdings LLC, Celanese Acetate LLC, Celanese Alpine S.à r.l. & Co. KG, Celanese Americas LLC, Celanese BVBA, Celanese Canada ULC, Celanese Chemicals Inc., Celanese Chemicals India Private Limited, Celanese Chemicals S.A. (Pty) Ltd., Celanese Comercial S. de R.L. de C.V., Celanese Deutschland Holding GmbH, Celanese EVA Performance Polymers LLC, Celanese Emulsions Ltd., Celanese Emulsions Pension Plan Trustees Limited, Celanese Europe B.V., Celanese Europe Holdings LLC, Celanese Far East Limited, Celanese Finance Company Limited, Celanese Finance Holdings 1 LLC, Celanese Finance Holdings 2 LLC, Celanese Foreign Holdings U.K. Limited, Celanese France Holdings S.à r.l., Celanese Global Relocation LLC, Celanese Holding 1 S. de R.L. de C.V., Celanese Holding Company Limited, Celanese Holdings B.V., Celanese Hong Kong Holdings LLC, Celanese Hungary Kft., Celanese IP Germany GmbH, Celanese IP Hungary Bt., Celanese Iberica Holdings LLC, Celanese India Holdings B.V., Celanese Internal Finance Limited, Celanese International Corporation, Celanese International Holdings LLC, Celanese Japan Limited, Celanese Korea Ltd., Celanese Ltd., Celanese Materials Mexico S. de R.L. de C.V., Celanese Mexico Holdings LLC, Celanese Operations Mexico S. de R.L. de C.V., Celanese PTE. LTD., Celanese Production Belgium BVBA, Celanese Production Germany GmbH & Co. KG, Celanese Production Italy S.r.l., Celanese Production Netherlands B.V., Celanese Production Sweden AB, Celanese Production UK Limited, Celanese Property Germany GmbH & Co. KG, Celanese S.A., Celanese Sales Austria GmbH, Celanese Sales Czech Republic s.r.o., Celanese Sales France S.A.S., Celanese Sales Germany GmbH, Celanese Sales Ibérica S.L.U., Celanese Sales Italy S.r.l., Celanese Sales Netherlands B.V., Celanese Sales Rus AO, Celanese Sales U.S. Ltd., Celanese Sales UK Limited, Celanese Services Germany GmbH, Celanese Services Italy S.r.l., Celanese Services UK Limited, Celanese Singapore Acetyls Holding PTE. LTD., Celanese Singapore Chemical Holding PTE. LTD., Celanese Singapore Emulsions PTE. LTD., Celanese Singapore Holdings LLC, Celanese Singapore PTE. LTD., Celanese Singapore VAM PTE. LTD., Celanese US Holdings LLC, Celanese Ventas Mexico S. de R.L. de C.V., Celanese do Brasil Ltda., Celtran Inc., Celwood Insurance Company, Cool Polymers Inc, Elwood Limited, FKAT LLC, Grupo Celanese S. de R.L. de C.V., HNA Acquisition ULC, Holding Softer America S.A. de C.V, Infraserv Verwaltungs GmbH, KEP Americas Engineering Plastics LLC, KEP Europe GmbH, Next Polymers Limited, Next Polymers Ltd., Nilit Plastics, PT Celanese Indonesia Operations, PT Celanese Indonesia Services, RIOMAVA GmbH, SO.F.TER. GROUP, Servicios Acetato Mexico S. de R.L. de C.V., Servicios Corporativos Celanese S. de R.L. de C.V., So.F.teR Brasil Compostos Termoplasticos Ltda., Tenedora Tercera de Toluca S. de R.L. de C.V., Ticona Fortron Inc., Ticona LLC, Ticona Polymers Inc., Ticona Polymers Ltda., and Vinamul Polymers.

When was Celanese founded?

Celanese was founded in 1918.

What is Celanese's official website?

The official website for Celanese is www.celanese.com.

Where are Celanese's headquarters?

Celanese is headquartered at 222 West Las Colinas Blvd. Suite 900 North, Irving TX, 75039.

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]


This page was last updated on 4/23/2021 by MarketBeat.com Staff
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