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The closing price of Celanese Corp (NYSE: CE) was $66.81 for the day, down -0.21% from the previous closing price of $66.95. In other words, the price has decreased by -$0.21 from its previous closing price. On the day, 1.86 million shares were traded. CE stock price reached its highest trading level at $67.8554 during the session, while it also had its lowest trading level at $65.9.
Ratios:
Our analysis of CE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.65. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 1.37. In the meantime, Its Debt-to-Equity ratio is 1.83 whereas as Long-Term Debt/Eq ratio is at 1.60.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on January 14, 2025, Upgraded its rating to Buy and sets its target price to $88 from $95 previously.
On November 11, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $161 to $97.
BMO Capital Markets Downgraded its Market Perform to Underperform on November 11, 2024, whereas the target price for the stock was revised from $138 to $76.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 19 ’24 when Richardson Scott A sold 4,675 shares for $129.51 per share. The transaction valued at 605,459 led to the insider holds 69,754 shares of the business.
Richardson Scott A sold 4,675 shares of CE for $604,992 on Aug 20 ’24. The EVP & COO now owns 65,079 shares after completing the transaction at $129.41 per share. On Aug 20 ’24, another insider, Richardson Scott A, who serves as the Officer of the company, bought 4,675 shares for $129.41 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CE now has a Market Capitalization of 7303134208 and an Enterprise Value of 20273149952. As of this moment, Celanese’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.71, and their Forward P/E ratio for the next fiscal year is 7.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 1.935 whereas that against EBITDA is 10.953.
Stock Price History:
The Beta on a monthly basis for CE is 1.18, which has changed by -0.54809314 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, CE has reached a high of $172.16, while it has fallen to a 52-week low of $64.05. The 50-Day Moving Average of the stock is -4.30%, while the 200-Day Moving Average is calculated to be -42.39%.
Shares Statistics:
CE traded an average of 2.60M shares per day over the past three months and 2381670 shares per day over the past ten days. A total of 109.27M shares are outstanding, with a floating share count of 108.74M. Insiders hold about 0.52% of the company’s shares, while institutions hold 91.44% stake in the company. Shares short for CE as of 1738281600 were 6167186 with a Short Ratio of 2.54, compared to 1735603200 on 6314588. Therefore, it implies a Short% of Shares Outstanding of 6167186 and a Short% of Float of 8.8599995.
Dividends & Splits
With its trailing 12-month dividend rate of 2.8, CE has a forward annual dividend rate of 2.80. Against a Trailing Annual Dividend Yield of 0.04182226The stock’s 5-year Average Dividend Yield is 2.25.
