E Between The Sheets With Celanese Corporation

I could waste a lot of your time providing you with graphs, charts, and other assorted worthless information all intended to show you that I know something about something when it comes to this company. The truth is, I don’t know squat about this company. My intent is to provide a reasonably brief overview of the company’s most recent annual financial performance so you can determine if you have an investment interest in this company.

That’s it. Simple and direct. Will an investment in this company help you achieve your investment goals? My question to ask, your question to answer.

Between the Sheets With Celanese Corporation

What They Do
Celanese Corporation (CE) produces acetyl products (intermediate chemicals) and engineered polymers, products that are used for paints and coatings, textiles, automotive applications, consumer and medical applications, performance industrial applications, filtration applications, paper and packaging, chemical additives, construction, consumer and industrial adhesives, and food and beverage applications.

Listed competitors are BASF SE (BASFY), LANXESS Aktiengesellschaft (LNXSF), and Methanex Corporation (MEOH).

Short-Term Target
My short-term target for the stock is $106.22, with an initial trailing stop set at $94.59. With a current price of $96.03, upward price movement will find resistance at $97.50 and again at $100.02, with final resistance found at $101.90. Downward price movement will find support at $94.49 and at $90.72 with final resistance found at $87.98.

Momentum Target
My momentum target for the stock is $119. Momentum targets are determined by overlaying a company’s most recent annual EPS, its year-over-year earnings growth, and the current yield of a 10-year treasury. Momentum investing requires investors to trade in stocks that have already enjoyed significant gains while making no allowances for overall market corrections or the sustainability of a company’s earnings.

Growth Target
My growth target for the stock is $134. Growth targets are determined using a company’s year-over-year earnings growth, year-over-year PE growth, and year-over-year price growth.

Fair Value Investing
Fair value investing, more commonly known as value investing, requires investors to consider a company’s overall financial condition including past and future earnings growth, free cash flow, both book and tangible book values, net current asset value, and many other valuation metrics. For many fair value investors, the minimum required hold is five (5) years.

Average Volume
The average volume number is simply an average of the number of shares traded over a specific period of time, in this case the prior 50 days. The lower the number the greater the volatility the markets can impact on the stock price. For Celanese Corporation the most recent ADV number is 1.999 million shares.

1 2 3 4
View single page >> |

Disclosure: I hold no shares of the stock mentioned in this report.

Disclaimer: I am an individual investor not licensed or registered with any government or institutional financial ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.