Celanese (NYSE:CE) Given New $43.00 Price Target at Jefferies Financial Group

Celanese (NYSE:CE) had its price target lowered by Jefferies Financial Group from $47.00 to $43.00 in a research note published on Monday morning,Benzinga reports. The firm currently has a hold rating on the basic materials company’s stock.

A number of other equities research analysts have also recently issued reports on CE. Robert W. Baird dropped their target price on shares of Celanese from $67.00 to $50.00 and set an “outperform” rating for the company in a research report on Wednesday, August 13th. UBS Group dropped their target price on shares of Celanese from $66.00 to $49.00 and set a “neutral” rating for the company in a research report on Tuesday, August 12th. Deutsche Bank Aktiengesellschaft set a $52.00 target price on shares of Celanese and gave the stock a “buy” rating in a research report on Wednesday, August 13th. Wall Street Zen upgraded shares of Celanese from a “sell” rating to a “hold” rating in a research report on Wednesday, May 14th. Finally, Wells Fargo & Company dropped their target price on shares of Celanese from $72.00 to $60.00 and set an “overweight” rating for the company in a research report on Wednesday, August 13th. Six research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Celanese has an average rating of “Hold” and an average target price of $57.22.

Celanese Trading Down 4.7%

Shares of CE stock opened at $46.44 on Monday. Celanese has a 52-week low of $36.29 and a 52-week high of $142.54. The stock has a market cap of $5.08 billion, a price-to-earnings ratio of -3.13, a P/E/G ratio of 2.21 and a beta of 1.11. The company has a debt-to-equity ratio of 2.22, a quick ratio of 1.22 and a current ratio of 2.05. The firm has a fifty day moving average of $51.90 and a 200-day moving average of $51.36.

Celanese (NYSE:CE) last announced its quarterly earnings data on Monday, August 11th. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.06. The company had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.50 billion. Celanese had a negative net margin of 16.30% and a positive return on equity of 10.48%. The business’s revenue was down 4.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.38 EPS. Celanese has set its Q3 2025 guidance at 1.100-1.400 EPS. On average, equities research analysts forecast that Celanese will post 8.79 earnings per share for the current fiscal year.

Celanese Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 11th. Stockholders of record on Tuesday, July 29th were given a dividend of $0.03 per share. The ex-dividend date was Tuesday, July 29th. This represents a $0.12 annualized dividend and a dividend yield of 0.3%. Celanese’s payout ratio is currently -0.81%.

Institutional Investors Weigh In On Celanese

Several institutional investors have recently modified their holdings of the business. Strengthening Families & Communities LLC boosted its stake in Celanese by 73.2% during the 1st quarter. Strengthening Families & Communities LLC now owns 440 shares of the basic materials company’s stock worth $25,000 after acquiring an additional 186 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Celanese by 111.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 270 shares during the last quarter. Summit Securities Group LLC bought a new position in Celanese during the 1st quarter worth approximately $30,000. State of Wyoming boosted its stake in Celanese by 122.5% during the 4th quarter. State of Wyoming now owns 485 shares of the basic materials company’s stock worth $34,000 after acquiring an additional 267 shares during the last quarter. Finally, SBI Securities Co. Ltd. boosted its stake in Celanese by 55.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 623 shares of the basic materials company’s stock worth $34,000 after acquiring an additional 222 shares during the last quarter. Institutional investors and hedge funds own 98.87% of the company’s stock.

About Celanese

Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics.