Celanese Corporation (NYSE:CE) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Celanese Corporation (NYSE:CE) have been assigned a consensus rating of “Hold” from the twenty-one brokerages that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $54.00.

Several equities research analysts recently commented on the stock. Royal Bank Of Canada set a $43.00 price objective on shares of Celanese in a research report on Tuesday, October 14th. Wells Fargo & Company reissued an “equal weight” rating and issued a $45.00 price target (down previously from $55.00) on shares of Celanese in a research note on Friday, December 19th. Bank of America reduced their price objective on Celanese from $59.00 to $57.00 and set a “buy” rating for the company in a research report on Tuesday, October 14th. Citigroup dropped their target price on Celanese from $60.00 to $56.00 and set a “buy” rating on the stock in a research report on Thursday, December 18th. Finally, UBS Group boosted their target price on Celanese from $48.00 to $49.00 and gave the company a “neutral” rating in a research note on Wednesday, November 12th.

Celanese Price Performance

Shares of CE stock opened at $42.17 on Thursday. The firm’s 50 day moving average price is $40.30 and its two-hundred day moving average price is $46.63. The company has a debt-to-equity ratio of 2.66, a quick ratio of 1.04 and a current ratio of 1.63. Celanese has a 52-week low of $35.13 and a 52-week high of $75.84. The stock has a market cap of $4.62 billion, a PE ratio of -1.49 and a beta of 1.13.

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

Celanese Dividend Announcement

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

Insiders Place Their Bets

In other news, CFO Chuck Kyrish purchased 5,000 shares of the company’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 completion of the transaction, the chief financial officer owned 10,914 shares of the company’s stock, valued at $447,801.42. The trade was a 84.55% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.33% of the company’s stock.

Hedge Funds Weigh In On Celanese

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. raised its position in shares of Celanese by 7.0% in the second quarter. Blue Trust Inc. now owns 3,089 shares of the basic materials company’s stock valued at $171,000 after purchasing an additional 201 shares during the period. Sage Rhino Capital LLC raised its holdings in Celanese by 4.5% in the 2nd quarter. Sage Rhino Capital LLC now owns 5,058 shares of the basic materials company’s stock valued at $280,000 after acquiring an additional 220 shares during the period. SBI Securities Co. Ltd. lifted its position in Celanese by 55.4% during the second 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. Maryland State Retirement & Pension System lifted its position in Celanese by 0.7% during the second quarter. Maryland State Retirement & Pension System now owns 37,252 shares of the basic materials company’s stock worth $2,061,000 after acquiring an additional 245 shares during the last quarter. Finally, Harbour Investments Inc. boosted its holdings in shares of Celanese by 27.9% during the second quarter. Harbour Investments Inc. now owns 1,165 shares of the basic materials company’s stock worth $64,000 after acquiring an additional 254 shares during the period. 98.87% of the stock is owned by 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.