EPS for Celanese Corporation (CE) Expected At $1.84

January 22, 2018 - By Dolores Ford

 EPS for Celanese Corporation (CE) Expected At $1.84
Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.15, from 1.06 in 2017Q2. It turned negative, as 24 investors sold Celanese Corporation shares while 162 reduced holdings. 56 funds opened positions while 114 raised stakes. 126.78 million shares or 3.48% less from 131.35 million shares in 2017Q2 were reported.
Employees Retirement Association Of Colorado holds 26,600 shares. Veritable L P has invested 0.01% in Celanese Corporation (NYSE:CE). Evercore Wealth Mngmt Ltd Liability stated it has 504,001 shares. France-based Credit Agricole S A has invested 0.07% in Celanese Corporation (NYSE:CE). Icon Advisers, Colorado-based fund reported 17,000 shares. Ifc Fl reported 0.02% stake. Pensionfund Dsm Netherlands owns 32,000 shares or 0.5% of their US portfolio. Pitcairn has 0.07% invested in Celanese Corporation (NYSE:CE). Prudential Incorporated has invested 0.02% in Celanese Corporation (NYSE:CE). Gulf Comml Bank (Uk) Ltd holds 0.06% of its portfolio in Celanese Corporation (NYSE:CE) for 43,115 shares. Price T Rowe Assoc Incorporated Md accumulated 242,056 shares. 70,114 are held by Aperio Grp Ltd Liability. New York State Common Retirement Fund, a New York-based fund reported 354,472 shares. Pnc Financial Svcs Group Incorporated reported 0.03% in Celanese Corporation (NYSE:CE). Laurion Mgmt L P invested 0.08% in Celanese Corporation (NYSE:CE).

Analysts expect Celanese Corporation (NYSE:CE) to report $1.84 EPS on February, 7.They anticipate $0.32 EPS change or 21.05 % from last quarter’s $1.52 EPS. CE’s profit would be $249.56M giving it 15.35 P/E if the $1.84 EPS is correct. After having $1.93 EPS previously, Celanese Corporation’s analysts see -4.66 % EPS growth. The stock increased 1.74% or $1.93 during the last trading session, reaching $112.96. About 699,463 shares traded or 24.34% up from the average. Celanese Corporation (NYSE:CE) has risen 21.48% since January 22, 2017 and is uptrending. It has outperformed by 4.78% the S&P500.

Celanese Corporation (NYSE:CE) Ratings Coverage

Among 16 analysts covering Celanese (NYSE:CE), 11 have Buy rating, 1 Sell and 4 Hold. Therefore 69% are positive. Celanese has $122.0 highest and $64 lowest target. $105.06’s average target is -6.99% below currents $112.96 stock price. Celanese had 62 analyst reports since September 1, 2015 according to SRatingsIntel. On Wednesday, July 27 the stock rating was maintained by Barclays Capital with “Overweight”. RBC Capital Markets maintained Celanese Corporation (NYSE:CE) rating on Monday, June 5. RBC Capital Markets has “Buy” rating and $10000 target. Cowen & Co maintained the shares of CE in report on Wednesday, February 15 with “Outperform” rating. RBC Capital Markets maintained the shares of CE in report on Tuesday, July 25 with “Buy” rating. The stock has “Neutral” rating by Citigroup on Wednesday, September 7. The rating was maintained by Citigroup with “Buy” on Monday, April 18. The stock of Celanese Corporation (NYSE:CE) earned “Neutral” rating by Nomura on Wednesday, July 19. As per Tuesday, October 10, the company rating was maintained by Robert W. Baird. Jefferies maintained the stock with “Buy” rating in Friday, May 26 report. The stock of Celanese Corporation (NYSE:CE) earned “Buy” rating by Deutsche Bank on Wednesday, November 18.

Celanese Corporation, a technology and specialty materials company, makes and sells value-added chemicals, thermoplastic polymers, and other chemical products worldwide. The company has market cap of $15.32 billion. The company??s Advanced Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. It has a 19.77 P/E ratio. The Company’s Consumer Specialties segment provides cellulose acetate flakes, films, and tows for use in filter products applications; food protection ingredients, such as potassium sorbate and sorbic acid for food and beverage industry; Sunett, a sweetener for use in various beverages, confections, and dairy products; and Qorus, a sweetener system designed for low-to no-calorie carbonated and non-carbonated beverages, flavored waters, energy drinks, and milk and dairy products.

More notable recent Celanese Corporation (NYSE:CE) news were published by: Zacks.com which released: “Celanese (CE) Hits a 52-Week High: What’s Driving the Stock?” on January 15, 2018, also Streetinsider.com with their article: “Celanese Corp. (CE) Releases Statement on Proposed Joint Venture with The …” published on January 08, 2018, Businesswire.com published: “Celanese Announces Vinyl Acetate-based Emulsions Price Increase” on January 03, 2018. More interesting news about Celanese Corporation (NYSE:CE) were released by: Businesswire.com and their article: “Celanese Announces Successful Startup of Polyacetal Facility of Ibn Sina Joint …” published on January 02, 2018 as well as Businesswire.com‘s news article titled: “Celanese to Hold Fourth Quarter Earnings Conference Call on January 26, 2018” with publication date: January 11, 2018.

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