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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 $169.64, up 1.93% from the previous day, and has increased 64.28% in one year. It has overperformed other stocks in the Chemicals industry by 0.46 percentage points. Celanese stock is currently +70.78% from its 52-week low of $99.33, and -0.05% from its 52-week high of $169.73.

At the moment, there are 108.91M shares of CE outstanding. The market capitalization of CE is $18.47B. In the last 24 hours, 490,571 CE shares were traded.

How to Buy Celanese Stock

Wondering how to invest in Celanese stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Choose your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  2. Enter your personal details to start a new brokerage account.
  1. Send your data by pressing the "Create Account" button.
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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.

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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 Price
$169.64
1w %
2.53%
1y %
64.28%
5y %
74.9%
P/E
9.42x
P/B
2.61x
P/S
1.69x
PEG
N/A
Revenue
$10.94B
Earnings
$1.96B
Fore. Rev. Growth
3.79%
Fore. Earn. Growth
-1.31%
Market Cap
$18.47B
Next Earnings
May 7, 2024
Next Dividend
N/A

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 9.42x, relative to Chemicals industry P/E ratio of 38.1x
  • CE could be overvalued based on its P/B ratio of 2.61x, relative to Chemicals industry P/B ratio of 2.01x

You can do more valuation research on CE's stock here.

CE Financial Health Summary

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the CE balance sheet.

Negative Health Checks:

  • CE earnings of $1.89B is not enough to cover its interest payments.
  • CE has a relatively high debt to equity ratio of 2.69.
  • 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's operating cash flow of $1.90B allows it to safely service it's debt of $14.01B.
  • CE profit margin has gone down from 19.6% to 17.9% in the past year.

Do analysts think it's a good time to buy Celanese stock

Out of 9 Wall Street analysts who track CE, the consensus analyst rating on CE is a Buy

Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

Most Recent CE Analyst Upgrades/Downgrades

Steve Byrne, a bottom 9% analyst from Bank of America downgrades CE to a sell rating and raises their CE price target from $124.00 to $135.00, on Jan 16, 2024.

Joshua Spector, a bottom 19% analyst from UBS maintains CE with a strong buy rating and raises their CE price target from $169.00 to $170.00, on Jan 11, 2024.

Patrick Cunningham, a top 20% analyst from Citigroup maintains CE with a hold rating and raises their CE price target from $130.00 to $145.00, on Dec 13, 2023.

Aleksey Yefremov, a top 15% analyst from KeyBanc maintains CE with a strong buy rating and raises their CE price target from $149.00 to $150.00, on Oct 3, 2023.

You can dive deeper into what analysts are projecting on the Celanese stock forecast page.

Metrics for Advanced CE Traders

SMA10
164.55
SMA20
159.64
SMA50
152.55
SMA100
146.14
SMA200
133.3
MACD
4.64
MACD Signal
3.81
MACD Histogram
0.83
RSI
70.83
Stochastic %K
90.57
Stochastic %D
87.9
StochRSI %K
60.5
StochRSI %D
66.41

CE Growth Numbers

Last year, CE earnings were $1.96B. During the last five year, CE's earnings have increased by 14.91% per year. This was faster than the Chemicals industry average of -16%.

Last year, CE revenue was $10.94B. During the past 5 year, CE's revenue has increased by 8.86% per year. This was faster than the Chemicals industry average of 1.38%.

Dig into CE's earnings and revenue performance here.

What are CE executives and large shareholders up to?

In the last year, insiders at CE have sold more shares than they have bought.

Scott A. Richardson, EVP COO of CE, was the latest CE insider to sell. They sold $312,980.00 worth of CE stock on Mar 15, 2024.

Research more about who owns CE shares here.

Does CE stock generate passive income?

Celanese pays a dividend of 1.65%, compared to the Chemicals industry's average dividend yield of 3.1%. If you owned $1,000 of CE stock, you would have received $16.51 in the past 12 months.

Celanese dividend payments have consistently grown over the past decade and have remained stable.

Find more data about Celanese dividend yield and history here.

CE Social Trading Data

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Place your CE buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally sufficient.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount limit, place a limit order.

Hit the Open button and eToro will execute your order.

If you want additional assistance investing in stocks on eToro, watch the how to video below:

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Step 6: Track your CE position

Now that you own some shares in CE, you'll want to keep up with your new investment.

Add CE to a watchlist to track your CE stock.

CE Feed

How to Buy Stock in Celanese

To reiterate, here are the 6 steps to buy stock in Celanese:

  1. Decide where to buy Celanese stock
  2. Create your brokerage account
  3. Put funds into your brokerage account
  4. Research Celanese stock
  5. Place your CE buy order
  6. Track your CE position

If you need a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your new investment in Celanese, add CE to your watchlist below.

NYSE: CE
$169.64+3.21 (+1.93%)
Updated Mar 27, 2024
Open eToro Account
NYSE: CE
$169.64+3.21 (+1.93%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Celanese share?

As of Mar 27, 2024, it costs $169.64 to buy one share of Celanese stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.589 shares of CE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Celanese stock?

According to 9 Wall Street analysts who monitor Celanese, their consensus recommendation is to buy Celanese stock.

What is the best way to buy Celanese stock?

One way to place an order for Celanese stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.