Celanese (NYSE:CE) Stock Price Up 7.6% Following Analyst Upgrade

Shares of Celanese Corporation (NYSE:CE) rose 7.6% during trading on Monday after Wells Fargo & Company raised their price target on the stock from $70.00 to $75.00. Wells Fargo & Company currently has an overweight rating on the stock. Celanese traded as high as $67.57 and last traded at $67.9570. Approximately 795,404 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 2,534,138 shares. The stock had previously closed at $63.13.

A number of other equities analysts also recently commented on CE. Royal Bank Of Canada raised 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. Zacks Research downgraded shares of Celanese from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 20th. Mizuho raised their target price on shares of Celanese from $55.00 to $58.00 and gave the company a “neutral” rating in a research note on Tuesday, March 31st. JPMorgan Chase & Co. raised their target price on shares of Celanese from $40.00 to $53.00 and gave the company a “neutral” rating in a research note on Thursday, February 19th. Finally, Robert W. Baird raised their target price on shares of Celanese from $65.00 to $75.00 and gave the company an “outperform” rating in a research note on Friday, March 27th. Nine research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $63.47.

Institutional Investors Weigh In On Celanese

A number of large investors have recently added to or reduced their stakes in the company. Hsbc Holdings PLC grew its holdings in Celanese by 208.3% during the 4th quarter. Hsbc Holdings PLC now owns 105,435 shares of the basic materials company’s stock valued at $4,460,000 after purchasing an additional 71,238 shares in the last quarter. Corient Private Wealth LLC grew its holdings in Celanese by 154.3% during the 4th quarter. Corient Private Wealth LLC now owns 31,793 shares of the basic materials company’s stock worth $1,344,000 after acquiring an additional 19,289 shares in the last quarter. Invesco Ltd. grew its holdings in Celanese by 1.2% during the 4th quarter. Invesco Ltd. now owns 540,452 shares of the basic materials company’s stock worth $22,850,000 after acquiring an additional 6,390 shares in the last quarter. Alberta Investment Management Corp acquired a new position in Celanese during the 4th quarter worth $1,501,000. Finally, State of Tennessee Department of Treasury grew its holdings in Celanese by 0.7% during the 4th quarter. State of Tennessee Department of Treasury now owns 42,083 shares of the basic materials company’s stock worth $1,870,000 after acquiring an additional 313 shares in the last quarter. 98.87% of the stock is owned by institutional investors and hedge funds.

Celanese Stock Performance

The company has a market capitalization of $7.46 billion, a price-to-earnings ratio of -6.43, a price-to-earnings-growth ratio of 0.46 and a beta of 0.85. 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 company’s fifty day simple moving average is $57.26 and its two-hundred day simple moving average is $47.38.

Celanese (NYSE:CE) last announced 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 company had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.25 billion. Celanese had a positive return on equity of 8.75% and a negative net margin of 12.15%.Celanese’s revenue was down 6.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.45 earnings per share. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. Equities research analysts predict that Celanese Corporation will post 8.79 earnings per share for the current fiscal year.

Celanese Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, February 24th. Celanese’s dividend payout ratio (DPR) is currently -1.13%.

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.