Ratios Uncovered: Breaking Down Celanese Corp (CE)’s Trailing Twelve Months Metrics

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The price of Celanese Corp (NYSE: CE) closed at $159.71 in the last session, down -0.33% from day before closing price of $160.24. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 0.67 million shares were traded. CE stock price reached its highest trading level at $161.935 during the session, while it also had its lowest trading level at $158.77.

Ratios:

We take a closer look at CE’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.46. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 1.96 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, JP Morgan on April 04, 2024, Downgraded its rating to Underweight and sets its target price to $160 from $135 previously.

On April 04, 2024, Barclays Downgraded its rating to Equal Weight which previously was Overweight but kept the price unchanged to $170.

Piper Sandler Upgraded its Neutral to Overweight on February 26, 2024, whereas the target price for the stock was revised from $135 to $170.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 15 ’24 when Richardson Scott A sold 2,000 shares for $156.49 per share. The transaction valued at 312,980 led to the insider holds 74,429 shares of the business.

Kelly Thomas Francis bought 1,400 shares of CE for $219,373 on Mar 14 ’24. The SVP, EM now owns 57,023 shares after completing the transaction at $156.69 per share. On Mar 14 ’24, another insider, Richardson Scott A, who serves as the EVP & COO of the company, sold 2,000 shares for $156.85 each. As a result, the insider received 313,700 and left with 76,429 shares of the company.

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 17501341696 and an Enterprise Value of 30259503104. As of this moment, Celanese’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.78, and their Forward P/E ratio for the next fiscal year is 11.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67 while its Price-to-Book (P/B) ratio in mrq is 2.47. Its current Enterprise Value per Revenue stands at 2.829 whereas that against EBITDA is 16.617.

Stock Price History:

Over the past 52 weeks, CE has reached a high of $172.16, while it has fallen to a 52-week low of $100.79. The 50-Day Moving Average of the stock is -0.13%, while the 200-Day Moving Average is calculated to be 14.00%.

Shares Statistics:

According to the various share statistics, CE traded on average about 721.66K shares per day over the past 3-months and 724380 shares per day over the past 10 days. A total of 111.56M shares are outstanding, with a floating share count of 111.09M. Insiders hold about 0.42% of the company’s shares, while institutions hold 102.24% stake in the company. Shares short for CE as of 1714435200 were 4981298 with a Short Ratio of 6.90, compared to 1711584000 on 5015013. Therefore, it implies a Short% of Shares Outstanding of 4981298 and a Short% of Float of 6.9299996.

Dividends & Splits

The forward annual dividend rate for CE is 2.80, which was 2.8 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.017473789The stock’s 5-year Average Dividend Yield is 2.16.

Earnings Estimates

A comprehensive evaluation of Celanese Corp (CE) is underway, with the input of 19.0 analysts contributing to its current rating.On average, analysts expect EPS of $2.86 for the current quarter, with a high estimate of $3.14 and a low estimate of $2.6, while EPS last year was $2.17. The consensus estimate for the next quarter is $3.31, with high estimates of $3.5 and low estimates of $3.03.

Analysts are recommending an EPS of between $11.85 and $10.75 for the fiscal current year, implying an average EPS of $11.38. EPS for the following year is $13.79, with 21.0 analysts recommending between $15.84 and $11.95.

Revenue Estimates

According to 15 analysts, the current quarter’s revenue is expected to be $2.83B. It ranges from a high estimate of $3.03B to a low estimate of $2.67B. As of the current estimate, Celanese Corp’s year-ago sales were $2.79BFor the next quarter, 15 analysts are estimating revenue of $2.87B. There is a high estimate of $3.31B for the next quarter, whereas the lowest estimate is $2.69B.

A total of 20 analysts have provided revenue estimates for CE’s current fiscal year. The highest revenue estimate was $11.8B, while the lowest revenue estimate was $10.59B, resulting in an average revenue estimate of $11.03B. In the same quarter a year ago, actual revenue was $10.94BBased on 19 analysts’ estimates, the company’s revenue will be $11.63B in the next fiscal year. The high estimate is $12.35B and the low estimate is $10.92B.

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