Celanese Corporation (NYSE:CE) Given Consensus Rating of “Moderate Buy” by Brokerages

Celanese Corporation (NYSE:CE) has been assigned an average rating of “Moderate Buy” from the eighteen analysts that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $66.3125.

A number of research analysts recently issued reports on the stock. Royal Bank Of Canada boosted their target price on shares of Celanese from $66.00 to $68.00 and gave the company a “sector perform” rating in a research report on Monday, May 11th. Wall Street Zen lowered Celanese from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Citigroup lowered their target price on Celanese from $80.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, June 24th. Robert W. Baird lifted their price target on Celanese from $65.00 to $75.00 and gave the company an “outperform” rating in a research report on Friday, March 27th. Finally, JPMorgan Chase & Co. boosted their price target on Celanese from $53.00 to $68.00 and gave the company an “overweight” rating in a report on Thursday, May 7th.

Hedge Funds Weigh In On Celanese

Several large investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Celanese by 41.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,450 shares of the basic materials company’s stock worth $1,842,000 after buying an additional 9,543 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Celanese by 265.2% in the first quarter. NewEdge Advisors LLC now owns 5,032 shares of the basic materials company’s stock worth $286,000 after acquiring an additional 3,654 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of Celanese by 144.9% in the second quarter. EverSource Wealth Advisors LLC now owns 1,276 shares of the basic materials company’s stock worth $71,000 after acquiring an additional 755 shares during the period. Baird Financial Group Inc. boosted its stake in shares of Celanese by 42.1% during the 2nd quarter. Baird Financial Group Inc. now owns 7,768 shares of the basic materials company’s stock worth $430,000 after acquiring an additional 2,303 shares in the last quarter. Finally, California Public Employees Retirement System boosted its stake in shares of Celanese by 6.5% during the 2nd quarter. California Public Employees Retirement System now owns 184,980 shares of the basic materials company’s stock worth $10,235,000 after acquiring an additional 11,347 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Celanese Stock Performance

Shares of NYSE CE opened at $46.98 on Monday. The company has a current ratio of 1.38, a quick ratio of 0.85 and a debt-to-equity ratio of 2.41. Celanese has a 12 month low of $35.13 and a 12 month high of $70.70. The company has a 50 day simple moving average of $52.80 and a two-hundred day simple moving average of $53.72. The stock has a market cap of $5.15 billion, a price-to-earnings ratio of -4.69, a PEG ratio of 0.26 and a beta of 0.76.

Celanese (NYSE:CE) last released its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.03). The business had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Celanese had a negative net margin of 11.54% and a positive return on equity of 9.92%. The firm’s revenue was down 2.2% on a year-over-year basis. During the same period last year, the company earned $0.57 earnings per share. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. As a group, analysts predict that Celanese will post 6.06 earnings per share for the current year.

Celanese Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, April 27th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, April 27th. Celanese’s payout ratio is -1.20%.

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.