Bank of America Issues Positive Forecast for Celanese (NYSE:CE) Stock Price

Celanese (NYSE:CE) had its price target upped by Bank of America from $70.00 to $75.00 in a research report report published on Tuesday,Benzinga reports. Bank of America currently has a buy rating on the basic materials company’s stock.

CE has been the topic of a number of other reports. Zacks Research cut Celanese from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 20th. Robert W. Baird raised their price target on Celanese from $65.00 to $75.00 and gave the company an “outperform” rating in a report on Friday, March 27th. Mizuho raised their price target on Celanese from $55.00 to $58.00 and gave the company a “neutral” rating in a report on Tuesday, March 31st. JPMorgan Chase & Co. raised their price target on Celanese from $40.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, February 19th. Finally, Vertical Research raised Celanese from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a report on Monday, March 9th. 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $64.71.

Celanese Stock Performance

CE stock opened at $65.74 on Tuesday. 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 capitalization of $7.20 billion, a price-to-earnings ratio of -6.20, a PEG ratio of 0.46 and a beta of 0.85. Celanese has a 1 year low of $35.13 and a 1 year high of $68.77. The stock’s fifty day moving average is $58.63 and its two-hundred day moving average is $48.31.

Celanese (NYSE:CE) last posted its earnings results on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.22). The company had revenue of $2.20 billion during 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 quarterly revenue was down 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.45 earnings per share. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. On average, research analysts predict that Celanese will post 4.84 EPS for the current year.

Celanese Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Monday, April 27th will be issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, April 27th. Celanese’s dividend payout ratio (DPR) is -1.13%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in Celanese by 12.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 259,196 shares of the basic materials company’s stock worth $10,907,000 after purchasing an additional 29,392 shares in the last quarter. Great Lakes Advisors LLC purchased a new position in Celanese in the 3rd quarter worth about $3,171,000. AMG National Trust Bank increased its stake in Celanese by 270.1% in the 3rd quarter. AMG National Trust Bank now owns 70,322 shares of the basic materials company’s stock worth $2,959,000 after purchasing an additional 51,322 shares in the last quarter. Fox Run Management L.L.C. increased its stake in Celanese by 406.9% in the 3rd quarter. Fox Run Management L.L.C. now owns 42,175 shares of the basic materials company’s stock worth $1,775,000 after purchasing an additional 33,854 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its stake in Celanese by 21.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,214,487 shares of the basic materials company’s stock worth $51,104,000 after purchasing an additional 214,632 shares in the last quarter. 98.87% of the stock is owned by institutional investors and hedge funds.

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.