Celanese Corporation (NYSE:CE) Receives Consensus Rating of “Hold” from Analysts

Celanese Corporation (NYSE:CE) has earned a consensus recommendation of “Hold” from the twenty-one ratings firms that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $54.00.

A number of research analysts recently commented on the company. Citigroup cut their target price on Celanese from $60.00 to $56.00 and set a “buy” rating for the company in a research note on Thursday, December 18th. Tudor Pickering upgraded shares of Celanese from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. Evercore ISI reduced their price objective on shares of Celanese from $75.00 to $45.00 and set an “in-line” rating for the company in a report on Tuesday, November 11th. Royal Bank Of Canada set a $43.00 target price on shares of Celanese in a research note on Tuesday, October 14th. Finally, Wells Fargo & Company restated an “equal weight” rating and set a $45.00 price target (down previously from $55.00) on shares of Celanese in a research note on Friday, December 19th.

Celanese Stock Up 0.6%

Shares of CE opened at $42.17 on Thursday. The company has a 50-day simple moving average of $40.30 and a 200-day simple moving average of $46.63. The firm has a market capitalization of $4.62 billion, a P/E ratio of -1.49 and a beta of 1.13. 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.

Celanese (NYSE:CE) last issued its quarterly earnings results on Thursday, November 6th. The basic materials company reported $1.34 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.51 billion. During the same period in the previous year, the company posted $2.44 earnings per share. The company’s quarterly revenue was down 8.6% compared to the same quarter last year. Celanese has set its Q4 2025 guidance at 0.850-1.000 EPS. On average, equities research analysts expect that Celanese will post 8.79 earnings per share for the current year.

Celanese Dividend Announcement

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

Insider Transactions at Celanese

In related news, CFO Chuck Kyrish acquired 5,000 shares of the business’s stock in a transaction on Tuesday, December 9th. The stock was bought at an average cost of $41.03 per share, with a total value of $205,150.00. Following the completion of the acquisition, the chief financial officer owned 10,914 shares in the company, valued at $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 SEC, which is available through this hyperlink. 0.33% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Celanese

A number of hedge funds have recently made changes to their positions in the company. Mizuho Markets Americas LLC raised its position in shares of Celanese by 149.6% during the second quarter. Mizuho Markets Americas LLC now owns 1,248,055 shares of the basic materials company’s stock worth $69,055,000 after acquiring an additional 747,987 shares during the last quarter. HB Wealth Management LLC acquired a new stake in Celanese in the second quarter worth about $340,000. Muhlenkamp & Co. Inc. bought a new stake in Celanese during the 2nd quarter worth about $8,366,000. United Services Automobile Association acquired a new position in Celanese during the 1st quarter valued at about $382,000. Finally, E. Ohman J or Asset Management AB bought a new position in shares of Celanese in the 2nd quarter valued at about $2,489,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

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.