Celanese Corporation (NYSE:CE) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Celanese Corporation (NYSE:CEGet Free Report) have received an average recommendation of “Moderate Buy” from the eighteen brokerages that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $65.4375.

A number of equities research analysts have commented on CE shares. BMO Capital Markets dropped their price objective on shares of Celanese from $80.00 to $57.00 and set a “market perform” rating on the stock in a research report on Monday, July 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Celanese in a report on Tuesday, May 26th. Wells Fargo & Company raised their price target on shares of Celanese from $75.00 to $80.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Zacks Research raised Celanese from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Royal Bank Of Canada lifted their price target on shares of Celanese from $66.00 to $68.00 and gave the stock a “sector perform” rating in a research note on Monday, May 11th.

View Our Latest Stock Analysis on Celanese

Institutional Investors Weigh In On Celanese

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. grew its position in Celanese by 111.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 270 shares during the last quarter. National Bank of Canada FI bought a new stake in Celanese during the 3rd quarter worth about $34,000. Hartford Financial Management Inc. raised its position in Celanese by 350.5% during the fourth quarter. Hartford Financial Management Inc. now owns 901 shares of the basic materials company’s stock worth $38,000 after acquiring an additional 701 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Celanese by 100.0% in the second quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock valued at $38,000 after buying an additional 331 shares during the last quarter. Finally, UMB Bank n.a. lifted its holdings in Celanese by 175.7% during the 4th quarter. UMB Bank n.a. now owns 896 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 571 shares during the last quarter. Institutional investors and hedge funds own 98.87% of the company’s stock.

Celanese Price Performance

Celanese stock opened at $45.68 on Monday. The company has a market cap of $5.01 billion, a price-to-earnings ratio of -4.56, a PEG ratio of 0.26 and a beta of 0.76. The company has a quick ratio of 0.85, a current ratio of 1.38 and a debt-to-equity ratio of 2.41. The firm’s fifty day moving average is $51.19 and its 200 day moving average is $53.80. Celanese has a 52-week low of $35.13 and a 52-week high of $70.70.

Celanese (NYSE:CEGet Free Report) last released its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.03). Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same period in the previous year, the firm posted $0.57 earnings per share. The company’s revenue was down 2.2% on a year-over-year basis. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. Sell-side analysts forecast that Celanese will post 6.01 EPS for the current fiscal year.

Celanese Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Tuesday, July 28th will be paid a $0.03 dividend. The ex-dividend date of this dividend is Tuesday, July 28th. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. Celanese’s dividend payout ratio (DPR) is currently -1.20%.

About Celanese

(Get Free Report)

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.

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Analyst Recommendations for Celanese (NYSE:CE)

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