Skip to main content

Trade-Ideas LLC identified

Celanese

(

CE

) as a post-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Celanese as such a stock due to the following factors:

  • CE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $64.8 million.
  • CE is up 2.8% today from today's close.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in CE with the Ticky from Trade-Ideas. See the FREE profile for CE NOW at Trade-Ideas

More details on CE:

Celanese Corporation, a technology and specialty materials company, manufactures and sells value-added chemicals, thermoplastic polymers, and other chemical-based products worldwide. The stock currently has a dividend yield of 1.9%. CE has a PE ratio of 16. Currently there are 4 analysts that rate Celanese a buy, 1 analyst rates it a sell, and 6 rate it a hold.

The average volume for Celanese has been 1.2 million shares per day over the past 30 days. Celanese has a market cap of $9.8 billion and is part of the basic materials sector and chemicals industry. The stock has a beta of 1.22 and a short float of 7.8% with 8.21 days to cover. Shares are up 7.3% year-to-date as of the close of trading on Friday.

TheStreet Recommends

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Celanese as a

buy

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income.

Highlights from the ratings report include:

  • The debt-to-equity ratio is somewhat low, currently at 0.87, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. To add to this, CE has a quick ratio of 1.67, which demonstrates the ability of the company to cover short-term liquidity needs.
  • Net operating cash flow has increased to $283.00 million or 11.85% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of -10.11%.
  • Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period, despite the company's weak earnings results. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • CELANESE CORP's earnings per share declined by 19.3% in the most recent quarter compared to the same quarter a year ago. The company has suffered a declining pattern of earnings per share over the past year. However, we anticipate this trend reversing over the coming year. During the past fiscal year, CELANESE CORP reported lower earnings of $4.03 versus $6.94 in the prior year. This year, the market expects an improvement in earnings ($5.88 versus $4.03).

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.