Celanese Corporation (NYSE:CE) Receives Average Recommendation of “Hold” from Analysts

Shares of Celanese Corporation (NYSE:CE) have been given a consensus rating of “Hold” by the twenty-one research firms that are presently covering the stock, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $54.00.

A number of equities analysts have issued reports on the company. Citigroup reduced their target price on Celanese from $60.00 to $56.00 and set a “buy” rating on the stock in a report on Thursday, December 18th. Wells Fargo & Company reissued an “equal weight” rating and set a $45.00 price objective (down previously from $55.00) on shares of Celanese in a research note on Friday, December 19th. Royal Bank Of Canada set a $43.00 price objective on shares of Celanese in a report on Tuesday, October 14th. Weiss Ratings reiterated a “sell (d)” rating on shares of Celanese in a report on Wednesday, October 8th. Finally, Tudor Pickering raised shares of Celanese from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th.

Celanese Price Performance

CE opened at $42.17 on Thursday. The company has a fifty day moving average price of $40.30 and a two-hundred day moving average price of $46.63. The firm has a market capitalization of $4.62 billion, a PE ratio of -1.49 and a beta of 1.13. Celanese has a 52 week low of $35.13 and a 52 week high of $75.84. The company has a debt-to-equity ratio of 2.66, a quick ratio of 1.04 and a current ratio of 1.63.

Celanese (NYSE:CE) last posted its quarterly earnings results on Thursday, November 6th. The basic materials company reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.07. Celanese had a positive return on equity of 9.87% and a negative net margin of 31.85%.The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.51 billion. During the same period last year, the company earned $2.44 EPS. The firm’s revenue was down 8.6% on a year-over-year basis. Celanese has set its Q4 2025 guidance at 0.850-1.000 EPS. As a group, analysts anticipate that Celanese will post 8.79 earnings per share for the current year.

Celanese Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 12th. Shareholders of record on Tuesday, October 28th were issued a dividend of $0.03 per share. The ex-dividend date was Tuesday, October 28th. This represents a $0.12 annualized dividend and a yield of 0.3%. Celanese’s payout ratio is currently -0.42%.

Insider Activity

In other Celanese news, CFO Chuck Kyrish purchased 5,000 shares of the company’s stock in a transaction dated Tuesday, December 9th. The shares were bought at an average price of $41.03 per share, with a total value of $205,150.00. Following the completion of the transaction, the chief financial officer directly owned 10,914 shares in the company, valued at $447,801.42. This trade represents a 84.55% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.33% of the stock is owned by company insiders.

Hedge Funds Weigh In On Celanese

Several institutional investors and hedge funds have recently modified their holdings of CE. Federated Hermes Inc. raised its holdings in Celanese by 182.1% during the 2nd quarter. Federated Hermes Inc. now owns 5,081,458 shares of the basic materials company’s stock worth $281,157,000 after buying an additional 3,280,109 shares during the period. Norges Bank bought a new stake in shares of Celanese during the second quarter worth $114,934,000. Turtle Creek Asset Management Inc. increased its position in shares of Celanese by 21.0% during the third quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company’s stock worth $215,255,000 after acquiring an additional 887,600 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Celanese by 103.7% during the second quarter. Bank of America Corp DE now owns 1,645,689 shares of the basic materials company’s stock worth $91,056,000 after acquiring an additional 837,944 shares during the period. Finally, Samlyn Capital LLC lifted its position in Celanese by 379.1% in the 1st quarter. Samlyn Capital LLC now owns 1,015,938 shares of the basic materials company’s stock valued at $57,675,000 after acquiring an additional 803,868 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors and hedge funds.

About Celanese

Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.

In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.