|Bid||95.67 x 1300|
|Ask||108.00 x 800|
|Day's Range||100.11 - 102.10|
|52 Week Range||92.68 - 119.29|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||10.52|
|Earnings Date||Jan 23, 2019 - Jan 28, 2019|
|Forward Dividend & Yield||2.16 (2.16%)|
|1y Target Est||126.00|
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). We’ll show how you can use Celanese Corporation’s (NYSE:CE) P/E ratio Read More...
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Growth at a reasonable price or GARP strategy helps investors gain exposure to stocks that have impressive prospects and are trading at a discount.
The Society of Plastics Engineers (SPE) in Automotive has recognized a joint development in sustainable thermoplastics by Celanese Corporation (CE) and International Paper with the Environmental Award for Sustainable Materials in Automotive for an application in the Ford Motor Company’s 2018 Lincoln Continental luxury sedan. The award was given at the 2018 SPE Automotive Innovation Awards Gala to honor the best companies in automotive plastics. The SPE Innovation Awards is the oldest and largest competition of its kind in the automotive and plastics industries.
Celanese Corporation , a global specialty materials company, today announced it will increase list and off-list selling prices for various acetyls products globally. The price increases below are for orders shipped and will be effective immediately, or as contracts otherwise allow, and are incremental to any previously announced increases.
DowDuPont (DWDP) announced its Q3 earnings before the market opened on November 1. It reported adjusted EPS of $0.74, an increase of 34.5% over its pro forma adjusted EPS of $0.55 in Q3 2017. The company beat analysts’ adjusted EPS estimate of $0.72. In this series, we’ll look at DowDuPont’s earnings, revenues, and segment-wise performance.
On November 6, Air Products and Chemicals (APD) reported revenues of $2.30 billion for the fourth quarter, which reflects 4.3% growth compared to the fourth quarter of 2017. The company fell marginally short of Wall Street analysts’ estimates of $2.31 billion. Air Products and Chemical’s revenue growth increased 3% due to higher volumes, 1% due to higher pricing, and 1% due to the favorable energy pass through. However, unfavorable foreign currency had a negative impact on Air Products and Chemicals’ revenues by 1%.
Celanese Corporation (CE), a global specialty materials company, announced that its subsidiary, Celanese US Holdings LLC, has completed its registered offering of €500 million of 2.125 percent Senior Notes due 2027 (the “Notes”). The Notes are guaranteed on a senior unsecured basis by the company and certain Celanese domestic subsidiaries. Celanese Corporation is a global technology leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications.
Air Products and Chemicals (APD) is expected to report adjusted EPS of $1.99 for the fourth quarter of fiscal 2018—an increase of ~13.1% from the corresponding quarter last year. In the fourth quarter of 2017, Air Products and Chemicals reported adjusted EPS of $1.76. Air Products and Chemicals’ projected growth in adjusted EPS is expected to be driven by higher sales growth and a lower tax rate.
As Celanese highlights its centennial year with the theme “Celebrate the Past, Imagine the Future,” we are proud to announce the winners of the Celanese ‘Century Grants’ totaling nearly $400,000. The grants will impact the nearly 50 local communities around the world where Celanese operates to make a lasting, positive impact in the areas of Primary Education, Thriving Families and Safe Places. “This year marks the 100th anniversary of Celanese where Improving the World is a core value,” said Mark Rohr, Chairman and CEO.
DowDuPont (DWDP) announced its third-quarter earnings on November 1. The company reported revenues of ~$20.12 billion—10.0% growth compared to the pro forma revenues from continuing operations in the third quarter of 2017. The revenues fell marginally short of analysts’ expectations of $20.21 billion.
The latest short interest data as of October 15 showed that DowDuPont’s (DWDP) short interest rose on a sequential basis. According to the data, DowDuPont’s short interest as a percentage of outstanding shares was 0.88%. The short interest increased from 0.74% on September 28. During the same period, DowDuPont stock declined from $64.31 to $58.94.
On October 22, Celanese (CE) announced that it would be increasing the prices of ethyl acetate in the Americas region. The price increase will be effective from November 1 or as the contract allows. Celanese did not specify any reason for the price increase. Its effects will be seen across the United States, Canada, Mexico, and South America. Below are the details of the price increase: Ethyl acetate’s price will be increased by $0.03 per pound in the United States and Canada. In Mexico and South America, ethyl acetate’s price will be increased by $65 per metric ton.
Moody's Investors Service ("Moody's") assigned a Baa3 rating to E500 million of senior unsecured notes to be issued by Celanese U.S. Holdings LLC (CUSH), a wholly-owned subsidiary of Celanese Corporation. "Celanese is issuing debt to refinance its term loan and raise cash for general corporate purposes," stated John Rogers, Senior Vice President at Moody's and lead analyst on Celanese.
A press release by LyondellBasell (LYB) on October 26 said that the International Council of Chemical Associations (or ICCA), the global voice of the chemical industry, had appointed its CEO, Bob Patel, as its president. ICCA brings together 62 chemical associations across the world and accounts for 90% of worldwide chemical sales. Patel will lead the board for a two-year period.