On Tuesday, Celanese Corp (NYSE: CE) opened lower -1.00% from the last session, before settling in for the closing price of $120.36. Price fluctuations for CE have ranged from $110.76 to $172.16 over the past 52 weeks.
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Basic Materials Sector giant saw their annual sales surged by 11.04% over the last five years. Company’s average yearly earnings per share was noted 17.01% at the time writing. With a float of $108.80 million, this company’s outstanding shares have now reached $108.91 million.
The firm has a total of 12410 workers. Let’s measure their productivity. In terms of profitability, gross margin is 22.84%, operating margin of 15.53%, and the pretax margin is 11.24%.
Celanese Corp (CE) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Chemicals industry is another important factor to consider. The insider ownership of Celanese Corp is 0.43%, while institutional ownership is 105.95%. The most recent insider transaction that took place on Aug 19 ’24, was worth 605,459. In this transaction EVP & COO of this company sold 4,675 shares at a rate of $129.51, taking the stock ownership to the 69,754 shares. Before that another transaction happened on Aug 20 ’24, when Company’s EVP & COO sold 4,675 for $129.41, making the entire transaction worth $604,992. This insider now owns 65,079 shares in total.
Celanese Corp (CE) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 2.5 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 2.32) by 0.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.89% during the next five years compared to 14.99% growth over the previous five years of trading.
Celanese Corp (NYSE: CE) Trading Performance Indicators
Check out the current performance indicators for Celanese Corp (CE). In the past quarter, the stock posted a quick ratio of 0.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.23. Likewise, its price to free cash flow for the trailing twelve months is 11.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 17.58, a number that is poised to hit 2.90 in the next quarter and is forecasted to reach 12.91 in one year’s time.
Technical Analysis of Celanese Corp (CE)
Analysing the last 5-days average volume posted by the [Celanese Corp, CE], we can find that recorded value of 1.08 million was better than the volume posted last year of 0.75 million. As of the previous 9 days, the stock’s Stochastic %D was 5.87%. Additionally, its Average True Range was 2.99.
During the past 100 days, Celanese Corp’s (CE) raw stochastic average was set at 2.25%, which indicates a significant decrease from 7.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.25% in the past 14 days, which was lower than the 26.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $132.23, while its 200-day Moving Average is $146.56. Now, the first resistance to watch is $120.48. This is followed by the second major resistance level at $121.81. The third major resistance level sits at $123.05. If the price goes on to break the first support level at $117.92, it is likely to go to the next support level at $116.68. Now, if the price goes above the second support level, the third support stands at $115.35.
Celanese Corp (NYSE: CE) Key Stats
There are currently 109,220K shares outstanding in the company with a market cap of 13.02 billion. Presently, the company’s annual sales total 10,940 M according to its annual income of 1,960 M. Last quarter, the company’s sales amounted to 2,651 M and its income totaled 155,000 K.
