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

Celanese Corporation (NYSE:CEGet Free Report) has earned an average rating of “Hold” from the twenty-one analysts that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $54.00.

A number of research firms have issued reports on CE. Evercore ISI cut their price objective on shares of Celanese from $75.00 to $45.00 and set an “in-line” rating for the company in a report on Tuesday, November 11th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $45.00 price target (down 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 Celanese in a research note on Tuesday, October 14th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Celanese in a report on Wednesday, October 8th. Finally, Jefferies Financial Group cut their target price on Celanese from $47.00 to $43.00 and set a “hold” rating for the company in a research report on Monday, September 8th.

Get Our Latest Research Report on Celanese

Celanese Stock Performance

Shares of NYSE CE opened at $42.17 on Thursday. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.63 and a quick ratio of 1.04. The firm has a market cap of $4.62 billion, a price-to-earnings ratio of -1.49 and a beta of 1.13. The stock’s fifty day moving average price is $40.30 and its two-hundred day moving average price is $46.63. Celanese has a one year low of $35.13 and a one year high of $75.84.

Celanese (NYSE:CEGet Free Report) last announced its earnings results on Thursday, November 6th. The basic materials company reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.07. Celanese had a negative net margin of 31.85% and a positive return on equity of 9.87%. The company had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.51 billion. During the same quarter in the previous year, the business posted $2.44 earnings per share. Celanese’s quarterly revenue was down 8.6% on a year-over-year basis. Celanese has set its Q4 2025 guidance at 0.850-1.000 EPS. On average, equities analysts forecast that Celanese will post 8.79 EPS for the current year.

Celanese Dividend Announcement

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

Insider Transactions at Celanese

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Saranac Partners Ltd acquired a new stake in shares of Celanese in the 3rd quarter valued at $61,000. EMC Capital Management raised its holdings in shares of Celanese by 72.0% during the 3rd quarter. EMC Capital Management now owns 4,300 shares of the basic materials company’s stock worth $181,000 after buying an additional 1,800 shares in the last quarter. Danske Bank A S bought a new stake in shares of Celanese during the 3rd quarter worth $50,000. Advisory Services Network LLC bought a new stake in shares of Celanese during the 3rd quarter worth $90,000. Finally, Jacobs Levy Equity Management Inc. boosted its stake in Celanese by 37.7% in the third quarter. Jacobs Levy Equity Management Inc. now owns 1,703,695 shares of the basic materials company’s stock valued at $71,691,000 after buying an additional 466,683 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors and hedge funds.

About Celanese

(Get Free Report)

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.

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Analyst Recommendations for Celanese (NYSE:CE)

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