Celanese (NYSE:CE) Cut to Strong Sell at Zacks Research

Zacks Research lowered shares of Celanese (NYSE:CE) from a hold rating to a strong sell rating in a research note released on Tuesday morning,Zacks.com reports.

Several other analysts also recently commented on the company. Weiss Ratings reissued a “sell (d)” rating on shares of Celanese in a research note on Wednesday, October 8th. Royal Bank Of Canada lifted their price objective on Celanese from $43.00 to $48.00 and gave the company a “sector perform” rating in a report on Friday, January 16th. Evercore ISI cut their target price on Celanese from $75.00 to $45.00 and set an “in-line” rating for the company in a research note on Tuesday, November 11th. Wells Fargo & Company reissued an “equal weight” rating and issued a $45.00 price target (down from $55.00) on shares of Celanese in a report on Friday, December 19th. Finally, Tudor Pickering raised Celanese from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Six research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $53.06.

Celanese Price Performance

Celanese stock opened at $47.98 on Tuesday. The company has a debt-to-equity ratio of 2.66, a quick ratio of 1.04 and a current ratio of 1.63. The company has a market capitalization of $5.25 billion, a price-to-earnings ratio of -1.70 and a beta of 1.12. The company’s 50 day simple moving average is $42.23 and its 200-day simple moving average is $44.93. Celanese has a 1 year low of $35.13 and a 1 year high of $75.84.

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

Insider Buying and Selling

In other Celanese news, CFO Chuck Kyrish purchased 5,000 shares of Celanese 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 directly owned 10,914 shares in the company, valued at approximately $447,801.42. This represents a 84.55% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.33% of the company’s stock.

Institutional Investors Weigh In On Celanese

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. lifted its position in shares of Celanese by 111.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after buying an additional 270 shares during the last quarter. SBI Securities Co. Ltd. lifted its stake in Celanese by 55.4% in 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 in the last quarter. National Bank of Canada FI purchased a new position in Celanese during the third quarter valued at approximately $34,000. Versant Capital Management Inc boosted its position in Celanese by 140.4% during the third quarter. Versant Capital Management Inc now owns 827 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 483 shares during the last quarter. Finally, Salomon & Ludwin LLC bought a new position in Celanese during the third quarter valued at approximately $36,000. Hedge funds and other institutional investors 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.