Celanese (NYSE:CE) Price Target Raised to $64.00

Celanese (NYSE:CE) had its price objective boosted by UBS Group from $58.00 to $64.00 in a research report released on Thursday morning, Marketbeat Ratings reports. They currently have a neutral rating on the basic materials company’s stock.

Several other analysts have also recently weighed in on CE. Mizuho lifted their price objective on Celanese from $55.00 to $58.00 and gave the company a “neutral” rating in a research report on Tuesday, March 31st. Vertical Research upgraded shares of Celanese from a “hold” rating to a “buy” rating and set a $60.00 target price for the company in a report on Monday, March 9th. Robert W. Baird lifted their target price on shares of Celanese from $65.00 to $75.00 and gave the company an “outperform” rating in a report on Friday, March 27th. Wells Fargo & Company upgraded shares of Celanese from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $55.00 to $70.00 in a report on Friday, March 13th. Finally, Evercore set a $63.00 target price on shares of Celanese in a report on Wednesday, February 18th. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $63.47.

Celanese Stock Performance

Celanese stock opened at $63.22 on Thursday. The stock’s 50 day simple moving average is $56.82 and its two-hundred day simple moving average is $47.14. The company has a debt-to-equity ratio of 2.55, a quick ratio of 0.94 and a current ratio of 1.55. The stock has a market cap of $6.93 billion, a price-to-earnings ratio of -5.96, a PEG ratio of 0.46 and a beta of 0.85. Celanese has a fifty-two week low of $35.13 and a fifty-two week high of $67.82.

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

Celanese Dividend Announcement

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 dividend of $0.03 per share. The ex-dividend date was Tuesday, February 24th. This represents a $0.12 dividend on an annualized basis and a yield of 0.2%. Celanese’s payout ratio is currently -1.13%.

Institutional Investors Weigh In On Celanese

A number of hedge funds have recently added to or reduced their stakes in CE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Celanese by 41.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,450 shares of the basic materials company’s stock valued at $1,842,000 after buying an additional 9,543 shares during the last quarter. NewEdge Advisors LLC raised its stake in Celanese by 265.2% during the 1st quarter. NewEdge Advisors LLC now owns 5,032 shares of the basic materials company’s stock valued at $286,000 after buying an additional 3,654 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in Celanese by 144.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,276 shares of the basic materials company’s stock valued at $71,000 after buying an additional 755 shares during the last quarter. Baird Financial Group Inc. raised its stake in Celanese by 42.1% during the 2nd quarter. Baird Financial Group Inc. now owns 7,768 shares of the basic materials company’s stock valued at $430,000 after buying an additional 2,303 shares during the last quarter. Finally, Amundi raised its stake in Celanese by 81.2% during the 2nd quarter. Amundi now owns 381,615 shares of the basic materials company’s stock valued at $23,134,000 after buying an additional 171,061 shares during the last quarter. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

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.