Covestro/1COV

€48.48

-2.43%
-
1D1W1MYTD1YMAX

About Covestro

Covestro AG is a Germany-based company engaged in the manufacturing of polymer materials. It develops, produces and markets polyurethanes, polycarbonates and raw materials, as well as coatings, adhesives and other specialties. The Company's activities are divided into three segments: Polyurethanes, offering precursors, such as flexible polyurethane foam primarily used in the furniture and automotive industries, and rigid foam used as insulating material in the construction industry and in refrigeration chains; Polycarbonates, providing plastic polycarbonates in the form of granules, composite materials, and semi-finished products for use in the automotive, construction, medical technology, lighting industries, among others; and Coatings, Adhesives, Specialties, producing precursors for coatings, adhesives, sealants and specialties, as well as polymer materials and aqueous dispersions for use in automotive and transportation, wood processing and furniture applications, among others.

Ticker

1COV

Sector

Basic Materials

Trading on

XETRA

Industry

Chemicals - Plastics & Rubber

CEO

Markus Steilemann

Employees

17,520

Headquarters

Leverkusen, Germany

Covestro Metrics

BasicAdvanced
€9.44B
Market cap
-
P/E ratio
-€0.97
EPS
1.15
Beta
-
Dividend rate
€9.44B
1.15141
€54.70
€35.86
578.38K
1.786
1.041
41.578
43.52
1.69%
-1.43%
-2.9%
-1.85%
0.657
1.431
1.761
41.406
2.51%
-19.99%
33.37%
10.33%

What the Analysts think about Covestro

Analyst Ratings

Majority rating from 19 analysts.
Buy

Price Targets

Average projection from 19 analysts.
10.42% upside
High €65.00
Low €38.00
€48.48
Current price
€53.53
Average price target

Covestro Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-5.58% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
€3.35B
-6.22%
Net income
€-187M
503.23%
Profit margin
-5.58%
548.84%

Covestro Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 53.61%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-€0.14
€0.24
-€0.16
-€0.98
-
Expected
-€0.39
€0.42
-€0.02
-€0.64
-€0.14
Surprise
-63.85%
-43.49%
580.85%
53.61%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by ICE Data Services and Deutsche Börse. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Covestro stock?

Covestro (1COV) has a market cap of €9.17B as of April 21, 2024.

What is the P/E ratio for Covestro stock?

The price to earnings (P/E) ratio for Covestro (1COV) stock is 0 as of April 21, 2024.

Does Covestro stock pay dividends?

No, Covestro (1COV) stock does not pay dividends to its shareholders as of April 21, 2024.

When is the next Covestro dividend payment date?

Covestro (1COV) stock does not pay dividends to its shareholders.

What is the beta indicator for Covestro?

Covestro (1COV) has a beta rating of 1.16. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Covestro stock price target?

The target price for Covestro (1COV) stock is €53.53, which is 10.42% above the current price of €48.48. This is an average based on projections from 19 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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