Celanese (NYSE:CE) Stock Rating Lowered by Wells Fargo & Company

Celanese (NYSE:CE) was downgraded by stock analysts at Wells Fargo & Company from an “overweight” rating to an “equal weight” rating in a research report issued to clients and investors on Friday, MarketBeat Ratings reports. They currently have a $45.00 price objective on the basic materials company’s stock. Wells Fargo & Company‘s price target would suggest a potential upside of 6.48% from the stock’s previous close.

CE has been the subject of several other reports. Citigroup cut their price target on Celanese from $60.00 to $56.00 and set a “buy” rating for the company in a report on Thursday. Tudor Pickering upgraded Celanese from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. Weiss Ratings reiterated a “sell (d)” rating on shares of Celanese in a research report on Wednesday, October 8th. Evercore ISI lowered their price target on Celanese from $75.00 to $45.00 and set an “in-line” rating for the company in a report on Tuesday, November 11th. Finally, Bank of America cut their price objective on shares of Celanese from $59.00 to $57.00 and set a “buy” rating on the stock in a report on Tuesday, October 14th. Six research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Celanese has a consensus rating of “Hold” and an average target price of $54.00.

Celanese Trading Down 1.5%

Shares of CE stock opened at $42.26 on Friday. The company has a market capitalization of $4.63 billion, a price-to-earnings ratio of -1.49 and a beta of 1.13. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 2.66. The firm has a 50-day moving average price of $40.19 and a 200 day moving average price of $46.90. Celanese has a twelve month low of $35.13 and a twelve month high of $75.84.

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

Insider Transactions at Celanese

In other Celanese news, CFO Chuck Kyrish acquired 5,000 shares of the company’s stock in a transaction dated Tuesday, December 9th. The stock was 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 of the company’s stock, valued at approximately $447,801.42. The trade was a 84.55% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.33% of the stock is currently owned by corporate insiders.

Institutional Trading of Celanese

A number of institutional investors have recently added to or reduced their stakes in CE. Geneos Wealth Management Inc. increased its holdings in Celanese by 111.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 270 shares in the last quarter. SBI Securities Co. Ltd. grew its stake in shares of Celanese by 55.4% in the second quarter. SBI Securities Co. Ltd. now owns 623 shares of the basic materials company’s stock valued at $34,000 after buying an additional 222 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Celanese by 100.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock valued at $38,000 after buying an additional 331 shares during the period. LRI Investments LLC raised its holdings in shares of Celanese by 99.0% during the 2nd quarter. LRI Investments LLC now owns 758 shares of the basic materials company’s stock valued at $42,000 after buying an additional 377 shares during the period. Finally, Salomon & Ludwin LLC acquired a new position in Celanese during the 3rd quarter worth approximately $36,000. 98.87% of the stock is owned by hedge funds and other institutional investors.

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.