Celanese Corporation (CE)

NYSE: CE · IEX Real-Time Price · USD
125.45
-1.32 (-1.04%)
Feb 3, 2023, 4:02 PM EST - Market closed
-1.04%
Market Cap 13.60B
Revenue (ttm) 9.60B
Net Income (ttm) 1.65B
Shares Out 108.43M
EPS (ttm) 15.08
PE Ratio 8.32
Forward PE 7.36
Dividend $2.74 (2.18%)
Ex-Dividend Date Oct 28, 2022
Volume 586,714
Open 125.00
Previous Close 126.77
Day's Range 124.94 - 126.87
52-Week Range 86.71 - 162.08
Beta 1.26
Analysts Buy
Price Target 124.99 (-0.37%)
Earnings Date Feb 23, 2023

About CE

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 three segments: Engineered Materials, Acetate Tow, 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. It also offers acesulfame potassium, a sweetener for use in various beverages, confectio... [Read more]

Industry Chemicals
Sector Materials
IPO Date Jan 21, 2005
Employees 8,500
Stock Exchange NYSE
Ticker Symbol CE
Full Company Profile

Financial Performance

In 2021, Celanese's revenue was $8.54 billion, an increase of 50.96% compared to the previous year's $5.66 billion. Earnings were $1.89 billion, a decrease of -4.79%.

Financial Statements

Analyst Forecast

According to 34 analysts, the average rating for CE stock is "Buy." The 12-month stock price forecast is $124.99, which is a decrease of -0.37% from the latest price.

Price Target
$124.99
(-0.37% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Celanese: A Bargain Price for a Shareholder-Friendly Company

Among the many stocks that were slapped by last year's price reversals was Celanese Corporation ( CE , Financial). I wanted to know if the current price signifies that something is wrong with the comp...

1 week ago - GuruFocus

Celanese to Hold Fourth Quarter Earnings Conference Call on February 24, 2023

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that it will host a conference call to discuss its fourth quarter 2022 re...

3 weeks ago - Business Wire

Celanese (CE) Up 23% in 3 Months: What's Driving the Stock?

Celanese (CE) benefits from cost and productivity actions, investments in high-return projects and contributions of acquisitions.

1 month ago - Zacks Investment Research

Here's Why You Should Retain Celanese (CE) in Your Portfolio

Celanese (CE) gains on productivity actions, investments in high-return organic projects and synergies of acquisitions.

2 months ago - Zacks Investment Research

Celanese Corporation Lifts Force Majeure on Acetate Tow Products

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today confirmed it is lifting the remaining elements of the force majeure declared on May...

2 months ago - Business Wire

Celanese Announces Engineered Materials Price Increases

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, will increase prices for a range of products. These price increases will be effective on ...

2 months ago - Business Wire

Want To Invest Like Warren Buffett? All The Moves The Billionaire Made Last Quarter - Apple (NASDAQ:AAPL), Activision Blizzard (NASDAQ:ATVI)

Billionaire investor Warren Buffett was a buyer of stocks to the tune of $9 billion last quarter, per a new regulatory filing from Berkshire Hathaway Inc (NYSE: BRKA).

2 months ago - Benzinga

Celanese (CE) Earnings Lag Estimates in Q3, Revenues Beat

Celanese (CE) sees lower pricing and volumes on a sequential comparison basis and unfavorable currency impact in the third quarter.

3 months ago - Zacks Investment Research

Celanese (CE) Misses Q3 Earnings Estimates

Celanese (CE) delivered earnings and revenue surprises of -1.01% and 0.33%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Celanese Corporation Reports Third Quarter 2022 Earnings

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported third quarter 2022 GAAP diluted earnings per share of $1.76 and adjusted ear...

3 months ago - Business Wire

Celanese Completes Acquisition of Mobility & Materials Business

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced it has completed the acquisition of the majority of the Mobility & Material...

3 months ago - Business Wire

Earnings Preview: Celanese (CE) Q3 Earnings Expected to Decline

Celanese (CE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Celanese Corporation Lifts Force Majeure on Certain Western Hemisphere Acetyl Chain Products

DALLAS--(BUSINESS WIRE)---- $CE--Celanese Corporation Lifts Force Majeure on Certain Western Hemisphere Acetyl Chain Products

3 months ago - Business Wire

Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today declared a quarterly cash dividend of $0.70 per share on its common stock, payable on...

3 months ago - Business Wire

Celanese Publishes 2021-2022 Sustainability Report and Index

DALLAS--(BUSINESS WIRE)---- $CE--Celanese Publishes 2021-2022 Sustainability Report and Index

3 months ago - Business Wire

Celanese Expands Capabilities to Support the Sustained-Release Drug Delivery Market

DALLAS & EDMONTON, Alberta--(BUSINESS WIRE)---- $CE--Celanese Expands Capabilities to Support the Sustained-Release Drug Delivery Market

4 months ago - Business Wire

Celanese to Hold Third Quarter Earnings Conference Call on November 4, 2022

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that it will host a conference call to discuss its third quarter 2022 resul...

4 months ago - Business Wire

5 Buffett Stocks Trading Near 52-Week Lows

As the end of the third quarter approaches, a handful of Warren Buffett (Trades, Portfolio) stocks are trading near their 52-week lows.

Other symbols: CHTRHPQMKLUSB
5 months ago - GuruFocus

Celanese (CE) Gains on Acquisitions & Productivity Actions

Celanese (CE) gains on productivity actions, investments in high-return organic projects and synergies of acquisitions.

5 months ago - Zacks Investment Research

Celanese Announces Grant Award to Develop Long-Acting, Refillable Drug Delivery Solution

DALLAS--(BUSINESS WIRE)---- $CE--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced receipt of a grant from the Bill & Melinda Gates Foundation to prod...

5 months ago - Business Wire

Celanese (CE) Earnings Surpass Estimates in Q2 on Higher Pricing

Celanese (CE) sees higher pricing on a sequential comparison basis in Q2, partly offset by lower volumes and unfavorable currency swings.

6 months ago - Zacks Investment Research

Celanese (CE) Q2 Earnings and Revenues Top Estimates

Celanese (CE) delivered earnings and revenue surprises of 9.19% and 0.37%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

7 Warren Buffett Stocks Trading at a Huge Discount Right Now

Even the best of us make mistakes or dive into an investment too early, which explains the concept of Warren Buffett stocks trading at discount. Though investors tend to hang on every word that comes ...

Other symbols: HPQKOMANEMPARARH
6 months ago - InvestorPlace

Celanese Corporation Reports Second Quarter 2022 Earnings; Reaffirms Full Year 2022 Outlook

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported GAAP diluted earnings per share of $4.03 and adjusted earnings per share of ...

6 months ago - Business Wire

Celanese (CE) to Report Q2 Earnings: What's in the Offing?

Celanese's (CE) Q2 performance is likely to have benefited from productivity actions, investments in high-return organic projects and strategic acquisitions.

6 months ago - Zacks Investment Research