Celanese Stock Today

CE Stock  USD 169.64  3.21  1.93%   

Performance

7 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 6

 
100  
 
Zero
Low
Celanese is trading at 169.64 as of the 28th of March 2024, a 1.93 percent up since the beginning of the trading day. The stock's lowest day price was 167.36. Celanese has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Celanese are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Materials
IPO Date
21st of January 2005
Category
Basic Materials
Celanese Corporation, a technology and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. Celanese Corporation was founded in 1918 and is headquartered in Irving, Texas. Celanese Corp operates under Chemicals classification in the United States and is traded on New York Stock Exchange. The company has 111.56 M outstanding shares of which 5.3 M shares are currently sold short in the market by investors with about 6.72 days to cover all shorted shares. More on Celanese

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Celanese Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Celanese's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Celanese or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Celanese's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Celanese's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanMark Rohr
Thematic Ideas
(View all Themes)
Old NameCanada Energy Partners Inc
Business ConcentrationSpecialty Chemicals, Materials, Basic Materials, NYSE Composite, SP 500 Index, Chemicals, Manufacturing, Materials, Chemicals, Chemicals, Basic Materials (View all Sectors)
Average Analyst Recommendation
Analysts covering Celanese report their recommendations after researching Celanese's financial statements, talking to executives and customers, or listening in on Celanese's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Celanese. The Celanese consensus assessment is calculated by taking the average forecast from all of the analysts covering Celanese.
Financial Strength
Based on the measurements of operating efficiency obtained from Celanese's historical financial statements, Celanese may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Celanese is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.740.4113
Way Up
Slightly volatile
Gross Profit Margin0.180.2223
Significantly Down
Slightly volatile
Net Debt12.9 B12.3 B
Sufficiently Up
Slightly volatile
Total Current Liabilities2.1 B4.1 B
Way Down
Slightly volatile
Non Current Liabilities Total15.7 B15 B
Sufficiently Up
Slightly volatile
Total Assets27.9 B26.6 B
Sufficiently Up
Slightly volatile
Total Current Assets3.5 B6.2 B
Way Down
Slightly volatile
Total Cash From Operating ActivitiesB1.9 B
Sufficiently Up
Slightly volatile
Celanese's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Celanese's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Celanese's financial leverage. It provides some insight into what part of Celanese's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Celanese's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Celanese deploys its capital and how much of that capital is borrowed.
Liquidity
Celanese cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 14.1 B of total liabilities with total debt to equity ratio (D/E) of 0.78, which is normal for its line of buisiness. Celanese has a current ratio of 1.69, which is generally considered normal. Debt can assist Celanese until it has trouble settling it off, either with new capital or with free cash flow. So, Celanese's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Celanese sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Celanese to invest in growth at high rates of return. When we think about Celanese's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

1.4 Billion
Celanese (CE) is traded on New York Stock Exchange in USA. It is located in 222 West Las Colinas Boulevard, Irving, TX, United States, 75039-5421 and employs 12,410 people. Celanese is listed under Specialty Chemicals category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 18.93 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Celanese's market, we take the total number of its shares issued and multiply it by Celanese's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Celanese is active under Chemicals sector as part of Materials industry. The entity has 111.56 M outstanding shares of which 5.3 M shares are currently sold short in the market by investors with about 6.72 days to cover all shorted shares. Celanese reports about 1.51 B in cash with 1.9 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.29.
Check Celanese Probability Of Bankruptcy
Ownership Allocation
Celanese retains a total of 111.56 Million outstanding shares. The majority of Celanese outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Celanese to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Celanese. Please pay attention to any change in the institutional holdings of Celanese as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Celanese Ownership Details

Celanese Stock Price Odds Analysis

What are Celanese's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Celanese jumping above the current price in 90 days from now is near 1%. The Celanese probability density function shows the probability of Celanese stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.8749 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Celanese will likely underperform. Additionally, celanese has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 169.64HorizonTargetOdds Above 169.64
99.53%90 days
 169.64 
0.46%
Based on a normal probability distribution, the odds of Celanese to move above the current price in 90 days from now is near 1 (This Celanese probability density function shows the probability of Celanese Stock to fall within a particular range of prices over 90 days) .

Celanese Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Celanese that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Celanese's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Celanese's value.
InstituionRecorded OnShares
Wells Fargo & Co2023-12-31
M
Harris Associates L.p.2023-12-31
1.9 M
Goldman Sachs Group Inc2023-12-31
1.5 M
Morgan Stanley - Brokerage Accounts2023-12-31
1.3 M
Gmt Capital Corp2023-12-31
1.3 M
Nuveen Asset Management, Llc2023-12-31
1.3 M
Bank Of New York Mellon Corp2023-12-31
1.1 M
Lyrical Asset Management Lp2023-12-31
1.1 M
Dimensional Fund Advisors, Inc.2023-12-31
M
Capital Research Global Investors2023-12-31
14.8 M
Vanguard Group Inc2023-12-31
13.1 M
View Celanese Diagnostics

Celanese Historical Income Statement

Celanese Income Statement is one of the three primary financial statements used for reporting Celanese's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Celanese revenue and expense. Celanese Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Celanese's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 1.3 B, whereas Total Revenue is forecasted to decline to about 6.9 B. View More Fundamentals

Celanese Stock Against Markets

Picking the right benchmark for Celanese stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Celanese stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Celanese is critical whether you are bullish or bearish towards Celanese at a given time. Please also check how Celanese's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Celanese without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Odds Of Bankruptcy

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Celanese Corporate Directors

Celanese corporate directors refer to members of a Celanese board of directors. The board of directors generally takes responsibility for the Celanese's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Celanese's board members must vote for the resolution. The Celanese board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Kim RuckerIndependent DirectorProfile
Bennie FowlerIndependent DirectorProfile
Deborah KissireIndependent DirectorProfile
John WulffIndependent DirectorProfile

How to buy Celanese Stock?

Before investing in Celanese, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Celanese. To buy Celanese stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Celanese. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Celanese stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Celanese stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Celanese stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Celanese, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Celanese Stock please use our How to Invest in Celanese guide.

Already Invested in Celanese?

The danger of trading Celanese is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Celanese is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Celanese. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Celanese is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Celanese is a strong investment it is important to analyze Celanese's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Celanese's future performance. For an informed investment choice regarding Celanese Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celanese. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade Celanese Stock refer to our How to Trade Celanese Stock guide.
Note that the Celanese information on this page should be used as a complementary analysis to other Celanese's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Celanese Stock analysis

When running Celanese's price analysis, check to measure Celanese's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Celanese is operating at the current time. Most of Celanese's value examination focuses on studying past and present price action to predict the probability of Celanese's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Celanese's price. Additionally, you may evaluate how the addition of Celanese to your portfolios can decrease your overall portfolio volatility.
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Is Celanese's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Celanese. If investors know Celanese will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Celanese listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
2.8
Earnings Share
18
Revenue Per Share
100.506
Quarterly Revenue Growth
0.094
The market value of Celanese is measured differently than its book value, which is the value of Celanese that is recorded on the company's balance sheet. Investors also form their own opinion of Celanese's value that differs from its market value or its book value, called intrinsic value, which is Celanese's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Celanese's market value can be influenced by many factors that don't directly affect Celanese's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Celanese's value and its price as these two are different measures arrived at by different means. Investors typically determine if Celanese is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celanese's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.