Mizuho Issues Positive Forecast for Celanese (NYSE:CE) Stock Price

Celanese (NYSE:CE) had its price objective boosted by Mizuho from $55.00 to $58.00 in a research note released on Tuesday morning,Benzinga reports. The firm currently has a neutral rating on the basic materials company’s stock.

A number of other analysts have also commented on the company. Jefferies Financial Group raised Celanese from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a research note on Thursday, February 5th. Royal Bank Of Canada boosted their target price on shares of Celanese from $48.00 to $55.00 and gave the company a “sector perform” rating in a research note on Monday, February 23rd. Wells Fargo & Company upgraded shares of Celanese from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $55.00 to $70.00 in a report on Friday, March 13th. Robert W. Baird raised their price target on shares of Celanese from $65.00 to $75.00 and gave the stock an “outperform” rating in a research note on Friday, March 27th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Celanese from $40.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Nine analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $61.39.

Celanese Trading Up 2.5%

Shares of Celanese stock opened at $65.83 on Tuesday. Celanese has a 1 year low of $35.13 and a 1 year high of $67.82. The company has a debt-to-equity ratio of 2.55, a current ratio of 1.55 and a quick ratio of 0.94. The business has a 50 day moving average price of $54.13 and a 200 day moving average price of $46.09. The company has a market capitalization of $7.21 billion, a P/E ratio of -6.21, a P/E/G ratio of 0.48 and a beta of 1.07.

Celanese (NYSE:CE) last announced its earnings results on Tuesday, February 17th. The basic materials company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.22). The company had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.25 billion. Celanese had a negative net margin of 12.15% and a positive return on equity of 8.75%. Celanese’s quarterly revenue was down 6.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.45 EPS. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. Sell-side analysts anticipate that Celanese will post 8.79 EPS for the current fiscal year.

Celanese Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th were given a dividend of $0.03 per share. The ex-dividend date was Tuesday, February 24th. This represents a $0.12 annualized dividend and a yield of 0.2%. Celanese’s dividend payout ratio is -1.13%.

Institutional Trading of Celanese

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Deseret Mutual Benefit Administrators lifted its holdings in shares of Celanese by 20.7% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 1,399 shares of the basic materials company’s stock worth $59,000 after acquiring an additional 240 shares during the period. Blue Trust Inc. grew its holdings in Celanese by 8.9% in the fourth quarter. Blue Trust Inc. now owns 3,244 shares of the basic materials company’s stock valued at $137,000 after purchasing an additional 265 shares during the period. Geneos Wealth Management Inc. increased its position in Celanese by 111.1% during the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 270 shares during the last quarter. Bank of Montreal Can increased its position in Celanese by 1.3% during the fourth quarter. Bank of Montreal Can now owns 22,723 shares of the basic materials company’s stock worth $961,000 after purchasing an additional 288 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund raised its stake in Celanese by 1.2% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 25,015 shares of the basic materials company’s stock worth $1,058,000 after purchasing an additional 300 shares during the period. Hedge funds and other institutional investors own 98.87% of the company’s stock.

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.