Celanese Corporation (CE)

NYSE
Currency in USD
74.02
+1.41(+1.94%)
Closed
After Hours
74.74+0.72(+0.97%)
CE Scorecard
Full Analysis
High shareholder yield
Fair Value
Day's Range
73.2674.84
52 wk Range
64.05172.16
Key Statistics
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Prev. Close
72.61
Open
73.26
Day's Range
73.26-74.84
52 wk Range
64.05-172.16
Volume
2.54M
Average Volume (3m)
2.58M
1-Year Change
-49.05%
Book Value / Share
66.57
Fair Value
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Fair Value Upside
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CE Scorecardpro icon
Company’s Health
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Fair Value
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Price Target
87.61
Upside
+18.36%
Members' Sentiments
Bearish
Bullish
ProTips
9 analysts have revised their earnings downwards for the upcoming period
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Celanese Company Profile

Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. 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. 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 provides redispersible powders (RDP) for use in construction applications, including flooring, plasters, insulation, tiling, and waterproofing. Celanese Corporation was founded in 1918 and is headquartered in Irving, Texas.

Industry
Chemicals
Employees
12410

Celanese Corporation SWOT Analysis


Chemical Giant's Hurdles
Celanese faces challenges from high debt, market headwinds, and recent acquisitions, testing its resilience in the chemical and specialty materials industry
Financial Strain
Explore Celanese's financial performance, including revised earnings estimates, cash flow projections, and the impact of its reduced dividend
Market Dynamics
Delve into Celanese's positioning in key markets, examining overcapacity issues, demand fluctuations, and strategies to navigate challenging conditions
Future Prospects
Analyst price targets range from $76 to $180, reflecting varied outlooks on Celanese's potential for synergy realization and market recovery benefits
Read full SWOT analysis

Celanese Corporation Earnings Call Summary for Q2/2024

  • Celanese expects moderate growth in Q3 despite force majeure and raw material costs; auto industry growth anticipated, especially in China
  • Force majeure to be lifted this quarter; cost impact estimated at $35-40 million; price pressure on raw nylon polymer and ethylene costs affect margins
  • Stability in auto and consumer electronics; lack of seasonal uptick in construction, paints, and coatings; medical business stable with growth outside implants
  • Opportunities for 2025 include synergies, interest rates, reduced cash taxes; new acetic acid capacity in China hasn't boosted demand, causing VAM compression
  • Company adapting with strategic decisions; focusing on spec-in and specialty nylon; cautious about market pressures but optimistic about growth prospects
Last Updated: 04-08-2024, 09:02 pm
Read Full Transcript

Compare CE to Peers and Sector

Metrics to compare
CE
Peers
Sector
Relationship
P/E Ratio
7.4x−0.3x−0.1x
PEG Ratio
−0.16−0.350.00
Price/Book
1.1x1.3x1.6x
Price / LTM Sales
0.8x0.6x1.2x
Upside (Analyst Target)
16.4%27.5%30.2%
Fair Value Upside
Unlock12.4%2.9%Unlock

Analyst Ratings

5 Buy
10 Hold
4 Sell
Ratings:
19 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 87.61
(+18.36% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 9.98
Dividend Yield
3.86%
Industry Median 1.56%
Annualised payout
2.8000
Paid quarterly
5-Years Growth
+3.83%
Growth Streak

Earnings

Latest Release
Nov 04, 2024
EPS / Forecast
2.44 / 2.85
Revenue / Forecast
2.65B / 2.70B
EPS Revisions
Last 90 days

FAQ

What Is the Celanese (CE) Stock Price Today?

The Celanese stock price today is 74.02.

What Stock Exchange Does Celanese Trade On?

Celanese is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Celanese?

The stock symbol for Celanese is "CE."

Does Celanese Pay Dividends? What’s The Current Dividend Yield?

The Celanese dividend yield is 3.78%.

What Is the Celanese Market Cap?

As of today, Celanese market cap is 8.09B.

What is Celanese Earnings Per Share?

The Celanese EPS is 9.98.

What Is the Next Celanese Earnings Date?

Celanese will release its next earnings report on 17 Feb 2025.

From a Technical Analysis Perspective, Is CE a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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