Celanese Corporation (NYSE:CE – Get Free Report) has been given an average recommendation of “Hold” by the twenty ratings firms that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $61.3889.
Several equities research analysts recently weighed in on CE shares. UBS Group increased their price objective on shares of Celanese from $56.00 to $58.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 18th. Weiss Ratings restated a “sell (d)” rating on shares of Celanese in a research note on Wednesday, January 21st. Zacks Research lowered Celanese from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. Robert W. Baird raised their price target on Celanese from $65.00 to $75.00 and gave the stock an “outperform” rating in a report on Friday, March 27th. Finally, Morgan Stanley initiated coverage on Celanese in a research report on Tuesday, January 20th. They set an “equal weight” rating and a $50.00 price objective for the company.
Get Our Latest Stock Report on Celanese
Celanese Stock Performance
Celanese (NYSE:CE – Get Free Report) last issued its earnings results on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.22). Celanese had a positive return on equity of 8.75% and a negative net margin of 12.15%.The business had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same period last year, the company posted $1.45 earnings per share. The firm’s revenue for the quarter was down 6.5% on a year-over-year basis. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. Research analysts expect that Celanese will post 8.79 earnings per share for the current year.
Celanese Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th were paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Tuesday, February 24th. Celanese’s dividend payout ratio (DPR) is presently -1.13%.
Hedge Funds Weigh In On Celanese
Several institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its position 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 during the last quarter. Smartleaf Asset Management LLC boosted its stake in 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 purchasing an additional 331 shares during the period. Salomon & Ludwin LLC bought a new position in Celanese in the 3rd quarter worth about $36,000. National Bank of Canada FI acquired a new stake in shares of Celanese in the third quarter valued at approximately $34,000. Finally, Versant Capital Management Inc increased its stake in shares of Celanese by 140.4% in 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 period. 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.
Featured Articles
Receive News & Ratings for Celanese Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celanese and related companies with MarketBeat.com's FREE daily email newsletter.
