Previous Close | 37.90 |
Open | 37.50 |
Bid | 36.01 x 12100 |
Ask | 36.03 x 6800 |
Day's Range | 35.86 - 37.53 |
52 Week Range | 27.69 - 44.54 |
Volume | |
Avg. Volume | 1,257,972 |
Market Cap | 6.953B |
Beta (5Y Monthly) | 1.37 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -3.56 |
Earnings Date | Aug 01, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Apr 22, 2022 |
1y Target Est | 46.10 |
Key Insights Significant control over Covestro by retail investors implies that the general public has more power to...
On the call with us today are our CEO, Dr. Yoav Zeif, and our CFO, Eitan Zamir. Please note that some of the information you will hear during our discussion today will consist of forward-looking statements, including without limitation those regarding our expectations as to our future revenue, gross margin, operating expenses, taxes, and other future financial performance and our expectations for our business outlook. All statements that speak to future performance, events, expectations or results are forward-looking statements.
Stratasys (SSYS) completes buyout of Covestro AG's additive manufacturing materials business to expand its differentiated 3D printed materials portfolio.
EDEN PRAIRIE, Minn., & REHOVOT, Israel, April 05, 2023--Stratasys has completed the acquisition of the additive manufacturing materials business of Covestro AG.
Good morning, everyone, and thank you for joining us to discuss our 2022 fourth quarter financial results. On the call with us today are our CEO, Dr. Yoav Zeif; and our CFO, Eitan Zamir. Please note that some of the information you will hear during our discussion today will consist of forward-looking statements, including, without limitation, those regarding our expectations as to our future revenue, gross margin, operating expenses, taxes, and other future financial performance, and our expectations for our business outlook.
European chemical producers painted a bleak picture of their prospects for 2023 on Thursday, citing the continuing fallout from Russia's invasion of Ukraine, high inflation and slowing economic growth. Despite energy prices easing since their peak last August and China's reopening offering a potential stimulus, executives stressed that an uncertain geopolitical environment and economic uncertainty were likely to peg back earnings this year. "Old certainties are gone," Evonik Chief Executive Officer Christian Kullmann said.
European chemical producers painted a bleak picture of their prospects for 2023 on Thursday, citing the continuing fallout from Russia's invasion of Ukraine, high inflation and slowing economic growth. Despite energy prices easing since their peak last August and China's reopening offering a potential stimulus, executives stressed that an uncertain geopolitical environment and economic uncertainty were likely to peg back earnings this year. "Old certainties are gone," Evonik Chief Executive Officer Christian Kullmann said.
Most readers would already be aware that Covestro's (ETR:1COV) stock increased significantly by 30% over the past three...
How far off is Covestro AG ( ETR:1COV ) from its intrinsic value? Using the most recent financial data, we'll take a...
By Geoffrey Smith
Covestro AG ( ETR:1COV ) shareholders should be happy to see the share price up 14% in the last quarter. But that...
To get a sense of who is truly in control of Covestro AG ( ETR:1COV ), it is important to understand the ownership...
While Covestro AG ( ETR:1COV ) might not be the most widely known stock at the moment, it received a lot of attention...
Good day, and welcome to today's conference call to discuss Stratasys' third quarter 2022 financial results. On the call with us today are our CEO, Dr. Yoav Zeif; and our CFO, Eitan Zamir. Please note that some of the information you will hear during our discussion today will consist of forward-looking statements, including, without limitation, those regarding our expectations as to our future revenue, gross margin, operating expenses, taxes, and other future financial performance and our expectations for our business outlook.
Shareholders might have noticed that Covestro AG ( ETR:1COV ) filed its third-quarter result this time last week. The...
Makers of metals, chemicals and gases said on Tuesday that the outlook for the final months of the year had worsened as concerns intensify that a surge in energy and raw material costs will shrink Europe's heavy industry. French industrial gases company Air Liquide flagged slowing demand from some customers in Europe while Swedish steel maker SSAB said it will cut capacity in the fourth quarter as demand in Europe slows. German chemicals maker Covestro lowered its 2022 earnings guidance for the third time this year, blaming gas and raw material prices.
Makers of metals, chemicals and gases said on Tuesday that the outlook for the final months of the year had worsened as concerns intensify that a surge in energy and raw material costs will shrink Europe's heavy industry. French industrial gases company Air Liquide flagged slowing demand from some customers in Europe while Swedish steel maker SSAB said it will cut capacity in the fourth quarter as demand in Europe slows. German chemicals maker Covestro lowered its 2022 earnings guidance for the third time this year, blaming gas and raw material prices.
German chemicals maker Covestro cut its 2022 earnings guidance for the third time this year on Tuesday as it reported weaker-than-expected quarterly profits, blaming soaring gas and raw material prices. The company's shares were down around 2% by 0810 GMT after it said it was only able to offset the sharp rise in raw material and energy prices to a small extent by higher prices. Covestro said third-quarter EBITDA fell 65% to 302 million euros, below the analysts' average estimate of 320 million euros in a company-provided poll.
Rating Action: Moody's assigns P-2 rating to Covestro's new Commercial Paper programmeGlobal Credit Research - 26 Aug 2022Frankfurt am Main, August 26, 2022 -- Moody's Investors Service ("Moody's") assigned Prime-2 (P-2) short-term issuer ratings to Covestro AG (Covestro or the company) and P-2 senior unsecured ratings to Covestro's 1.5 billion Commercial Paper (CP) programme. All existing ratings and the stable outlook of Covestro remain unchanged.RATINGS RATIONALEThe P-2 short-term rating assigned to the CP programme and assigned short-term issuer rating of P-2 reflect the company's strong ability to repay its short-term obligations.Issuances under the CP programme will be unsecured and will rank pari passu among themselves and with all existing and future unsecured obligations of Covestro AG.The P-2 short-term rating reflects Covestro's solid liquidity, supported by cash balances of around 315 million at the end of June 2022 and the availability of a fully undrawn revolving credit facility (RCF) of 2.5 billion, maturing in March 2027.