Kinross Gold (KGC) EPS Estimated At $0.04; Celanese (CE)’s Sentiment Is 0.91

January 17, 2018 - By Marguerite Chambers

Celanese Corporation, a technology and specialty materials company, makes and sells value-added chemicals, thermoplastic polymers, and other chemical products worldwide. The company has market cap of $15.05 billion. The companyÂ’s Advanced Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. It has a 19.42 P/E ratio. The Company’s Consumer Specialties segment provides cellulose acetate flakes, films, and tows for use in filter products applications; food protection ingredients, such as potassium sorbate and sorbic acid for food and beverage industry; Sunett, a sweetener for use in various beverages, confections, and dairy products; and Qorus, a sweetener system designed for low-to no-calorie carbonated and non-carbonated beverages, flavored waters, energy drinks, and milk and dairy products.

Analysts expect Kinross Gold Corporation (NYSE:KGC) to report $0.04 EPS on February, 21.They anticipate $0.08 EPS change or 200.00% from last quarter’s $-0.04 EPS. KGC’s profit would be $49.15 million giving it 27.94 P/E if the $0.04 EPS is correct. After having $0.07 EPS previously, Kinross Gold Corporation’s analysts see -42.86% EPS growth. The stock increased 0.22% or $0.01 during the last trading session, reaching $4.47. About 15.58M shares traded or 75.21% up from the average. Kinross Gold Corporation (NYSE:KGC) has declined 13.79% since January 17, 2017 and is downtrending. It has underperformed by 30.49% the S&P500.

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. The company has market cap of $5.49 billion. The company's gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. It has a 50.22 P/E ratio. It also produces and sells silver; and explores for copper.

Among 17 analysts covering Kinross Gold Corporation (NYSE:KGC), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. Kinross Gold Corporation had 61 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, March 31 by TD Securities. As per Monday, June 12, the company rating was maintained by RBC Capital Markets. The stock of Kinross Gold Corporation (NYSE:KGC) earned “Buy” rating by RBC Capital Markets on Monday, September 25. The company was upgraded on Thursday, July 14 by Jefferies. Credit Suisse maintained the shares of KGC in report on Thursday, March 31 with “Outperform” rating. The stock of Kinross Gold Corporation (NYSE:KGC) earned “Neutral” rating by Macquarie Research on Friday, July 1. The company was initiated on Wednesday, September 7 by Berenberg. Macquarie Research downgraded the stock to “Underperform” rating in Tuesday, March 15 report. The stock of Kinross Gold Corporation (NYSE:KGC) earned “Buy” rating by Canaccord Genuity on Thursday, May 26. The stock has “Buy” rating by RBC Capital Markets on Sunday, December 3.

Gmt Capital Corp holds 8.96% of its portfolio in Celanese Corporation for 4.03 million shares. Covey Capital Advisors Llc owns 30,402 shares or 4.63% of their US portfolio. Moreover, Lyrical Asset Management Lp has 4.12% invested in the company for 3.03 million shares. The Pennsylvania-based Muhlenkamp & Co Inc has invested 3.59% in the stock. Chase Investment Counsel Corp, a Virginia-based fund reported 56,491 shares.

Analysts await Celanese Corporation (NYSE:CE) to report earnings on February, 7. They expect $1.84 EPS, up 21.05% or $0.32 from last year’s $1.52 per share. CE’s profit will be $249.57 million for 15.08 P/E if the $1.84 EPS becomes a reality. After $1.93 actual EPS reported by Celanese Corporation for the previous quarter, Wall Street now forecasts -4.66% negative EPS growth.

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