How to Buy Celanese Stock
Celanese Corp
Celanese is a chemical company located in Texas, United States, which is part of the Basic Materials sector, and is traded under the ticker CE on the NYSE exchange.
Celanese stock last closed at $103.26, up 1.65% from the previous day, and has decreased 28.2% in one year. It has underperformed other stocks in the Chemicals industry by 0.15 percentage points. Celanese stock is currently +19.09% from its 52-week low of $86.71, and -36.01% from its 52-week high of $161.37.
At the moment, there are 108.47M shares of CE outstanding. The market capitalization of CE is $11.20B. In the last 24 hours, 927,948 CE shares were traded.
How to Buy Celanese Stock
Wondering how to invest in Celanese stock? Here's how.
- Decide where to buy Celanese stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Celanese stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Choose your method of payment and add your information.
- Research Celanese stock: The Celanese ticker symbol is CE. Is Celanese stock a good investment? Should you buy shares of CE? How do CE's underlying business fundamentals look? Do top analysts think Celanese is a good buy? Why has CE's stock price moved recently? (Hint: Our stock market research website can help you figure out if CE is a good stock to buy).
- Place your CE buy order: Decide if you will purchase CE shares at the current market price or use a limit order to purchase CE shares at a given price.
- Track your CE position: Create a watchlist to the latest updates on your position in Celanese stock.
Step 1: Decide where to buy Celanese stock
You will need a brokerage account in order to access the NYSE market and buy CE stock.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
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- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal info so you can buy CE stock today.
How to Open a New Investment Account on eToro
- Click here to get started.
- Enter your personal details to start a new brokerage account.
- Send your data by pressing the "Create Account" button.
Step 3: Put funds into your brokerage account
Now that you've filled out your info on the best stock app, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help transferring money into your investment account.
Step 4: Research Celanese stock
After you have identified the best place to buy Celanese stock, it's critical to research their stock before you invest, so you actually understand the risk and opportunity.
Overview of key CE info
CE Zen Score
WallStreetZen was built to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CE's stock page.
Is CE stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge CE's intrinsic value.
Using relative valuations measures:
- CE could be undervalued based on its P/E ratio of 5.91x, relative to Chemicals industry P/E ratio of 27.16x
- CE could be undervalued based on its P/B ratio of 1.99x, relative to Chemicals industry P/B ratio of 2.1x
- CE may be undervalued based on its PEG ratio of 0.35x
You can do more valuation analysis on CE's stock here.
A look at CE Cashflows and Balance Sheet
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the CE balance sheet.
Negative Health Checks:
- Total CE debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the CE balance sheet.
- CE earnings of $1.81B is not enough to cover its interest payments.
- CE's operating cash flow of $1.82B allows it to safely service it's debt of $15.04B.
- CE profit margin has gone down from 22.1% to 19.6% in the past year.
- CE has a relatively high debt to equity ratio of 3.58.
Is it a good time to buy Celanese stock, according to analysts?
Out of 13 Wall Street analysts who research CE, the consensus analyst rating on CE is a Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent CE Analyst Upgrades/Downgrades
John McNulty, a top 20% analyst from BMO Capital maintains CE with a buy rating and lowers their CE price target from $152.00 to $146.00, on Feb 28, 2023.
Arun Viswanathan, a bottom 10% analyst from RBC Capital maintains CE with a buy rating and lowers their CE price target from $139.00 to $131.00, on Feb 28, 2023.
Kieran de Brun, a bottom 42% analyst from Mizuho maintains CE with a hold rating and raises their CE price target from $107.00 to $113.00, on Feb 28, 2023.
David Begleiter, a top 5% analyst from Deutsche Bank maintains CE with a strong buy rating and raises their CE price target from $105.00 to $135.00, on Feb 27, 2023.
Ghansham Panjabi, a top 23% analyst from Baird maintains CE with a buy rating and raises their CE price target from $120.00 to $130.00, on Feb 27, 2023.
You can dig deeper into what analysts are forecasting on the Celanese stock forecast page.
CE Momentum
CE Performance Metrics
Last year, CE earnings were $1.89B. During the last five year, CE's earnings have increased by 23.4% per year. This was faster than the Chemicals industry average of 21.56%.
Last year, CE revenue was $9.67B. Over the past five year, CE's revenue has grown by 9.52% per year. This was faster than the Chemicals industry average of 6.3%.
Dive into CE's earnings and revenue performance here.
Are CE executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at CE have sold more shares than they have bought.
Mark Christopher Murray, SVP - Acetyls of CE, was the latest CE insider to buy. They bought $140,580.00 worth of CE shares on Feb 28, 2023.
Learn more about who owns CE stock here.
Can I rely on CE as an income stream?
Celanese pays a dividend of 2.67%, compared to the Chemicals industry's average dividend yield of 4.09%. If you owned $1,000 of CE stock, you would have been paid $26.73 in the past year.
Celanese dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Celanese dividend yield and history here.
CE Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your CE buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open button and your broker will execute the order.
If you want more help with investing in stocks on eToro, click the how to video below:
Step 6: Track your CE position
Now that you own some CE stock, you'll want to stay up-to-date on your company.
Make a watchlist to monitor your CE stock.
CE Feed
How to Buy Stock in Celanese
To summarize, here are the 6 steps you need to take to buy Celanese stock right now:
- Decide where to buy Celanese stock
- Create your brokerage account
- Put funds into your brokerage account
- Research Celanese stock
- Place your CE buy order
- Track your CE position
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to track your investment in Celanese, create your watchlist below.
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