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Celanese (CE)
:CE
Holding CE?
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CE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$64.05 - $172.16
Previous CloseN/A
Volume568.14K
Average Volume (3M)2.51M
Market Cap
$7.86B
Enterprise Value$27.86B
Total Cash (Recent Filing)$668.00M
Total Debt (Recent Filing)$2.89B
Price to Earnings (P/E)7.1
Beta0.94
Next Earnings
Feb 18, 2025EPS Estimate
1.21Last Dividend Ex-Date
Oct 30, 2024Dividend Yield3.94%
Share Statistics
EPS (TTM)9.95
Shares Outstanding109,312,220
10 Day Avg. Volume2,086,065
30 Day Avg. Volume2,514,309
Standard Deviation0.11
R-Squared0.31
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.74
Price to Cash Flow (P/CF)24.60
P/FCF Ratio19.80
Enterprise Value/Market Cap3.55
Enterprise Value/Revenue2.66
Enterprise Value/Gross Profit10.70
Enterprise Value/Ebitda18.14
Forecast
1Y Price Target
$86.82Price Target Upside20.75% Upside
Rating ConsensusHold
Number of Analyst Covering17
Celanese News
Bulls Say, Bears Say
Bulls Say
LeadershipScott Richardson, who has extensive experience within the company, has been appointed as the new CEO.
Market RecoveryThere are indications that the acetyls market, a core part of Celanese's operations, is showing signs of improvement.
ValuationAttractive valuation metrics are cited as a reason for upgrading the stock recommendation, with the company trading at a favorable EV/EBITDA and P/E ratio.
Bears Say
Debt And LeverageCE took on considerable leverage to make the M&M acquisition, which is compounded by the addition of capacity in its end-markets and a weaker-than-expected macro.
Financial PerformanceThere are concerns that supply growth in the acetyls market will keep margin recovery muted despite signs of improvement.
Management And LeadershipThe CEO, Lori Ryerkerk, is stepping down at the end of the year due to disappointing results since a major transaction and significant stock underperformance.
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Ownership Overview
0.39% Insiders
54.51% Mutual Funds
0.40% Other Institutional Investors
18.71% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CE FAQ
What was Celanese’s price range in the past 12 months?
Celanese lowest stock price was $64.05 and its highest was $172.16 in the past 12 months.
What is Celanese’s market cap?
Celanese’s market cap is $7.86B.
When is Celanese’s upcoming earnings report date?
Celanese’s upcoming earnings report date is Feb 18, 2025 which is in 31 days.
How were Celanese’s earnings last quarter?
Celanese released its earnings results on Nov 04, 2024. The company reported $2.44 earnings per share for the quarter, missing the consensus estimate of $2.852 by -$0.412.
Is Celanese overvalued?
According to Wall Street analysts Celanese’s price is currently Undervalued.
Does Celanese pay dividends?
Celanese pays a Quarterly dividend of $2.796 which represents an annual dividend yield of 3.94%. See more information on Celanese dividends here
What is Celanese’s EPS estimate?
Celanese’s EPS estimate is 1.21.
How many shares outstanding does Celanese have?
Celanese has 109,312,220 shares outstanding.
What happened to Celanese’s price movement after its last earnings report?
Celanese reported an EPS of $2.44 in its last earnings report, missing expectations of $2.852. Following the earnings report the stock price went down -26.316%.
Which hedge fund is a major shareholder of Celanese?
Among the largest hedge funds holding Celanese’s share is Dodge & Cox. It holds Celanese’s shares valued at 924M.
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Celanese Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$86.82 (20.75% Upside)
$86.82 (20.75% Upside)
Blogger Sentiment
Neutral
CE Sentiment 50%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 175.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days <0.1%
Last 30 Days ▼ 0.2%
Last 30 Days ▼ 0.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-49.27%
12-Months-Change
Fundamentals
Return on Equity
15.97%
Trailing 12-Months
Asset Growth
1.39%
Trailing 12-Months
Company Description
Celanese
Celanese Corp. engages in the provision of technology and specialty materials businesses. It operates through the following segments: Engineered Materials, Acetate Tow, Acetyl Chain and Other Activities .The Engineered Materials segment includes the engineered materials business, food ingredients business and certain strategic affiliates. The Acetate Tow segment serves consumer-driven applications and is a global producer and supplier of acetate tow and acetate flake, primarily used in filter products applications. The Acetyl Chain segment includes the integrated chain of intermediate chemistry, emulsion polymers and ethylene vinyl acetate (EVA) polymers businesses, based on similar products, production processes, classes of customers and selling and distribution practices as well as economic similarities over a normal business cycle and The Other Activities segment primarily consists of corporate center costs, including administrative activities such as finance, information technology and human resource functions, interest income and expense associated with financing activities. The company was founded by Camille Dreyfus and Henri Dreyfus in 1956 and is headquartered in Irving, TX.
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CE Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Negative
The earnings call presented a mixture of proactive cost management and strategic adjustments in response to significant macroeconomic challenges and disappointing financial results. Despite initiatives to manage costs and enhance project values, the reduction in dividend and challenges in key market sectors weighed heavily on the outlook.Read More>---
CE Net sales Breakdown
56.21% Engineered Materials
44.64% Acetyl Chain
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CE Stock 12 Month Forecast
Average Price Target
$86.82
▲(20.75% Upside)
Technical Analysis
Best Analysts Covering CE
1 Year
1 Year Success Rate
15/23 ratings generated profit
1 Year Average Return
+14.41%
assigned a sell rating 11 days ago
Copying Charles Neivert's trades and holding each position for 1 Year would result in 65.22% of your transactions generating a profit, with an average return of +14.41% per trade.
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