Earnings Forecast Research on Celanese Corporation (CE)

Celanese Corporation has received $1.51 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 9 Financial Advisor in the Stock Trading Firms. Among 9 Analysts, Bottom line EPS Estimate for the current quarter is $1.46 while the top line estimate is $1.57 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 20.89%.

Celanese Corporation reported better than expected with a surprise EPS of 3.73% or $0.06 during its most recent quarterly earnings. The Actual EPS was $1.67 compared to the Estimated EPS of $1.61.

Celanese Corporation has a Price to Earnings ratio of 13.27 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 3.82. For the Most Recent Fiscal Year, Celanese Corporation has a price to cash ratio of 9.64. For the Trailing twelve month period, company showed a Net Profit Margin of 8.17% and Return on Equity of the stock is 30.69%.

In the last quarter, Celanese Corporation reported Annual Earnings of $1.67. Based on the filings, last years Annual Earnings was, $6.02. In the last Quarter, CE reported a surprise Earnings per Share of 3.73% . The consensus estimate for current quarter is $1.51 and for the current fiscal year, the estimate is $6.61. For the Next fiscal year, the estimate is $7.2 based on the consensus.

Celanese Corporation (NYSE:CE) : On Tuesday heightened volatility was witnessed in Celanese Corporation (NYSE:CE) which led to swings in the share price. The stock opened for trading at $84.22 and hit $84.78 on the upside , eventually ending the session at $84.4, with a gain of 0.33% or 0.28 points. The heightened volatility saw the trading volume jump to 1,720,213 shares. The 52-week high of the share price is $87.62 and the company has a market cap of $12,086 million. The 52-week low of the share price is at $55.07 .

Celanese is an integrated global producer of value-added industrial chemicals. They are the worlds largest producer of acetyl products, including acetic acid, vinyl acetate monomer and polyacetals and a leading global producer of high-performance engineered polymers used in consumer and industrial products and designed to meet highly technical customer requirements. Their operations are located in North America, Europe and Asia, including substantial joint ventures in China.


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