Celanese Corporation (CE)

NYSE: CE · IEX Real-Time Price · USD
127.57
+7.25 (6.03%)
Jun 24, 2022 4:03 PM EDT - Market closed
6.03%
Market Cap 13.82B
Revenue (ttm) 9.28B
Net Income (ttm) 2.07B
Shares Out 108.31M
EPS (ttm) 18.69
PE Ratio 6.83
Forward PE 7.26
Dividend $2.72 (2.13%)
Ex-Dividend Date Apr 27, 2022
Volume 1,525,633
Open 121.82
Previous Close 120.32
Day's Range 121.27 - 127.58
52-Week Range 118.13 - 176.50
Beta 1.18
Analysts Buy
Price Target 182.38 (+43.0%)
Earnings Date Jul 28, 2022

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
IPO Date Jan 21, 2005
CEO Lori Ryerkerk
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 31 analysts, the average rating for CE stock is "Buy." The 12-month stock price forecast is 182.38, which is an increase of 42.96% from the latest price.

Price Target
$182.38
(42.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Warren Buffett Just Bought 8 New Stocks: Here's the Best of the Bunch

This value stock is far more compelling than you might think.

Other symbols: ALLYCHPQMCKMKLOXYPARA

Celanese: A Closer Look at This New Buffett Holding

Celanese Corp. ( CE , Financial) is a global chemicals leader which focuses on the production of speciality materials and chemical products. It is one of the world's largest producers of acetyl products...

Here Are All 16 Stocks Warren Buffett Has Bought Since 2022 Began

The Oracle of Omaha has put more than $50 billion to work this year.

5 Top-Performing Stocks Warren Buffett, Tom Gayner Agree On

According to the All-in-One Screener, a Premium feature of GuruFocus, Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway Inc. ( BRK.A , Financial)( BRK.B , Financial) and Tom Gayner (Trades, Portfo...

Other symbols: JNJMAMMCV

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.

Is This What Buffett Sees in Celanese?

One of the new holdings that appeared on Berkshire Hathaway‘s ( BRK.A , Financial) ( BRK.B , Financial) 13F report for the quarter ending March 31, 2022 was Celanese Corp. ( CE , Financial).

Two-Minute Drill: Celanese and Walt Disney

Shana Sissel, Cope Corrales director of investments, joins ‘Closing Bell: Overtime' to discuss some of her top names for investors' portfolios in the current environment.

Other symbols: DIS

Celanese Announces Acetyl Intermediate Price Increases

DALLAS & SHANGHAI--(BUSINESS WIRE)--Celanese Announces Acetyl Intermediate Price Increases

Here's Every Stock Warren Buffett Bought or Sold in the First Quarter

The Oracle of Omaha was very active in the markets.

Can Value Investors Choose Celanese (CE) Stock Now?

Is Celanese (CE) a great pick from the value investor's perspective right now? Read on to know more.

Celanese Corporation Declares Force Majeure on Western Hemisphere Acetyl Chain and Acetate Tow Products

DALLAS--(BUSINESS WIRE)--Celanese Corporation Declares Force Majeure on Western Hemisphere Acetyl Chain and Acetate Tow Products

Celanese (CE) Earnings and Revenues Beat Estimates in Q1

Celanese's (CE) Q1 results benefit from increased pricing amid cost inflation in raw material, energy and logistics in the Engineered Materials unit.

Celanese (CE) Beats Q1 Earnings and Revenue Estimates

Celanese (CE) delivered earnings and revenue surprises of 23.39% and 11.70%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Celanese Corporation Reports First Quarter 2022 Earnings; Raises 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 $4.61 and adjusted earnings per share of $5...

Chemical Stock Q1 Earnings Slated on Apr 28: EMN, CE, HUN & OLN

Chemical companies' Q1 results are likely to have been driven by higher demand and the benefits of strategic actions amid headwinds from input cost inflation. Let's see how EMN, CE, HUN and OLN are pois...

Other symbols: EMNHUNOLN

Celanese (CE) to Report Q1 Earnings: What's in the Offing?

Celanese's (CE) Q1 performance is likely to have benefited from productivity actions, investments in high-return organic projects and strategic acquisitions.

Celanese (CE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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.

Celanese Corporation Declares Quarterly Dividend of $0.68 Per Share

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today declared a quarterly cash dividend of $0.68 per share on its common stock, payable May ...

Here's Why You Should Hold Onto Celanese (CE) Stock for Now

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

Celanese (CE) & Mitsubishi Wrap Up Restructuring of KEP

Celanese (CE) will have greater access to original equipment manufacturers in Asia and more direct participation in major markets outside China post restructuring of KEP.

Celanese and Mitsubishi Gas Chemical Complete Restructuring of Korea Engineering Plastics JV

DALLAS--(BUSINESS WIRE)---- $CE--Celanese and Mitsubishi Gas Chemical Complete Restructuring of Korea Engineering Plastics JV

Celanese to Hold First Quarter Earnings Conference Call on April 29, 2022

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

7 Low P/E Value Stocks That Are Poised to Rebound This Year

These seven low P/E value stocks offer good upside potential to investors given their earnings growth prospects and cheap valuations. The post 7 Low P/E Value Stocks That Are Poised to Rebound This Year...

Other symbols: CHKOVVPHMWBAWLKTSN

Celanese to buy DuPont's mobility and materials unit for $11 billion

Celanese Corp said on Friday it would buy DuPont's mobility and materials unit for $11 billion as the industrial materials maker continues to tweak its portfolio to focus on electronics, automotive and ...

Other symbols: DD

DuPont stock gains after $11 billion deal to sell most of its M&M business to Celanese

Shares of DuPont de Nemours Inc. DD, -2.91% rallied 1.6% in premarket trading Friday, after the chemicals company announced an agreement to sell a majority of its Mobility & Materials (M&M) business for...

Other symbols: DD