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Covestro AG (GB:0RBE)
LSE:0RBE
Covestro (0RBE) Share Price & Analysis
9 Followers
0RBE Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€43.20 - €55.94
Previous Close€54.64
Volume33.73K
Average Volume (3M)387.10K
Market Cap
€10.11B
Enterprise Value€12.60B
Total Cash (Recent Filing)€1.20B
Total Debt (Recent Filing)€3.66B
Price to Earnings (P/E)―
Beta0.53
Next Earnings
Jul 30, 2024EPS Estimate
€0.13Last Dividend Ex-Date
Apr 22, 2022Dividend YieldN/A
Share Statistics
EPS (TTM)-1.10
Shares Outstanding189,000,000
10 Day Avg. Volume161,225
30 Day Avg. Volume387,101
Standard Deviation0.10
R-Squared0.32
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€58.00Price Target Upside6.15% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Covestro News
Bulls Say, Bears Say
Bulls Say
Earnings GrowthCovestro anticipates a double-digit year over year EBITDA growth for its Solutions & Specialities in the upcoming fiscal year.
Financial PerformanceThe company's Performance Materials division is expected to see margin recovery in the upcoming periods.
Operational EfficiencyCovestro demonstrates robust operational efficiency with overall core volumes rising significantly.
Bears Say
Earnings MissCovestro reported a Q1'24 EPS loss of EUR0.19, missing the consensus estimate.
Guidance ConcernFY2024 guidance range is slightly below the current consensus expectation.
Revenue WeaknessYear-over-year Q1'24 pricing declines in both segments.
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0RBE FAQ
What was Covestro AG’s price range in the past 12 months?
Covestro AG lowest share price was €43.20 and its highest was €55.94 in the past 12 months.
What is Covestro AG’s market cap?
Currently, no data Available
When is Covestro AG’s upcoming earnings report date?
Covestro AG’s upcoming earnings report date is Jul 30, 2024 which is in 13 days.
How were Covestro AG’s earnings last quarter?
Covestro AG released its earnings results on Apr 30, 2024. The company reported -€0.19 earnings per share for the quarter, missing the consensus estimate of €0.001 by -€0.191.
Is Covestro AG overvalued?
According to Wall Street analysts Covestro AG’s price is currently Undervalued.
Does Covestro AG pay dividends?
Covestro AG pays a Annually dividend of €3.4 which represents an annual dividend yield of N/A. See more information on Covestro AG dividends here
What is Covestro AG’s EPS estimate?
Covestro AG’s EPS estimate is €0.13.
How many shares outstanding does Covestro AG have?
Covestro AG has 189,000,000 shares outstanding.
What happened to Covestro AG’s price movement after its last earnings report?
Covestro AG reported an EPS of -€0.19 in its last earnings report, missing expectations of €0.001. Following the earnings report the stock price went down -1.262%.
Which hedge fund is a major shareholder of Covestro AG?
Currently, no hedge funds are holding shares in GB:0RBE
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Covestro Stock Smart Score
Unlock Smart Score
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Technicals
SMA
Positive
20 days / 200 days
Momentum
13.41%
12-Months-Change
Fundamentals
Return on Equity
-3.04%
Trailing 12-Months
Asset Growth
-5.89%
Trailing 12-Months
Company Description
Covestro AG
Covestro, formerly Bayer Material Science, was spun off from the Bayer Group in 2015. The firm is a market leader in polyurethanes and polycarbonates, products that the company discovered in the mid-20th century. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for Covestro's products is driven primarily by cyclical end markets, such as automotive, construction, and furniture.
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0RBE Stock 12 Month Forecast
Average Price Target
€58.00
▲(6.15% Upside)
Technical Analysis
Best Analysts Covering 0RBE
1 Year
1 Year Success Rate
22/22 ratings generated profit
1 Year Average Return
+22.31%
reiterated a buy rating 20 days ago
Copying Chris Counihan's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +22.31% per trade.
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