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

Shares of Celanese Corporation (NYSE:CE) have been given a consensus rating of “Moderate Buy” by the eighteen research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $67.8125.

Several research analysts have commented on CE shares. UBS Group raised their price objective on Celanese from $58.00 to $64.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. Robert W. Baird raised their price objective on Celanese from $65.00 to $75.00 and gave the stock an “outperform” rating in a report on Friday, March 27th. Wall Street Zen upgraded Celanese from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Tudor Pickering upgraded Celanese from a “hold” rating to a “buy” rating in a report on Monday, March 9th. Finally, Vertical Research upgraded Celanese from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a report on Monday, March 9th.

Celanese Price Performance

Shares of CE stock opened at $51.24 on Thursday. Celanese has a 52-week low of $35.13 and a 52-week high of $70.70. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.85 and a current ratio of 1.38. The firm has a market capitalization of $5.62 billion, a P/E ratio of -5.12, a P/E/G ratio of 0.32 and a beta of 0.73. The stock has a 50 day moving average price of $58.51 and a 200 day moving average price of $52.97.

Celanese (NYSE:CE) last issued its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.03). The business had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.Celanese’s revenue was down 2.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.57 earnings per share. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. As a group, sell-side analysts predict that Celanese will post 5.8 earnings per share for the current year.

Celanese Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, April 27th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.2%. The ex-dividend date was Monday, April 27th. Celanese’s dividend payout ratio (DPR) is presently -1.20%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Celanese by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 11,840,341 shares of the basic materials company’s stock worth $500,610,000 after purchasing an additional 90,428 shares during the period. Capital Research Global Investors raised its position in shares of Celanese by 24.0% in the 4th quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock worth $235,312,000 after acquiring an additional 1,076,645 shares in the last quarter. Turtle Creek Asset Management Inc. raised its position in shares of Celanese by 21.0% in the 3rd 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. Fuller & Thaler Asset Management Inc. raised its position in shares of Celanese by 15.8% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 4,094,781 shares of the basic materials company’s stock worth $173,127,000 after acquiring an additional 558,391 shares in the last quarter. Finally, State Street Corp raised its position in shares of Celanese by 2.1% in the 4th quarter. State Street Corp now owns 3,949,230 shares of the basic materials company’s stock worth $166,973,000 after acquiring an additional 80,242 shares in the last quarter. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Celanese Company Profile

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.