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Celanese Corp Class A CE Stock Quote

| Rating as of

NYSE: CE

Last close prices updated as of Feb 02, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 126.77
  • Sector Basic Materials
  • Industry Chemicals
  • Investment Style Mid Value
  • Day Range 124.53  –  128.36
  • Year Range 86.71  –  162.08
  • Market Cap 13.7454 Bil
  • Volume / Avg 976,976.0 /  1.1 Mil
  • Price / Sales 1.45
  • Price / Book 2.78
  • Forward Div Yield 2.21%
  • Trailing Div Yield 2.16%

Morningstar‘s Stock Analysis CE

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Celanese's Growing Specialty Materials Portfolio Should Benefit From Low-Cost Acetic Acid Production

Seth Goldstein Strategist

Business Strategy and Outlook

| Seth Goldstein |

Celanese is the world's largest producer of acetic acid and its chemical derivatives, including vinyl acetate monomer and emulsions. These products are used in the company’s specialized end products or sold externally. Celanese produces these commodity chemicals in its acetyl chain segment (roughly 45% of 2022 pro forma EBITDA including acquisitions), which primarily serves the automotive, cigarette, coatings, building and construction, and medical end markets. Celanese's Clear Lake, Texas, plant benefits from a cost advantaged feedstock from low-cost U.S. natural gas. The company plans to expand acetic acid production capacity at Clear Lake by roughly 50%, which should benefit segment margins thanks to lower unit production costs relative to other geographies.

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Key Statistics CE

Company Profile CE

Business Description

Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company also produces specialty polymers used in the automotive, electronics, medical, and consumer end markets as well as cellulose derivatives used in cigarette filters.

Contact
222 West Las Colinas Boulevard, Suite 900N
Irving, TX, 75039-5421
Industry Chemicals
Employees 8,529

Related Articles CE

FAQs for Celanese Corp Class A Stock

Yes. CE has a forward dividend yield of 2.24%. See CE’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

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CE’s market cap is 13.75 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

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CE’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

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CE’s price/sales is 1.42.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

CE’s price/forward earnings is 9.23.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

CE’s price/book is 2.74.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See CE’s valuation ratios compared to the Market Index.

CE’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare CE’s historical performance against its industry peers and the overall market.