Shares of Celanese Corporation (NYSE:CE – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the eighteen research firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $63.8750.
Several research analysts have recently issued reports on CE shares. Morgan Stanley reduced their price target on Celanese from $72.00 to $58.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 16th. Wells Fargo & Company cut their target price on Celanese from $80.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. BMO Capital Markets reduced their target price on Celanese from $57.00 to $54.00 and set a “market perform” rating on the stock in a report on Wednesday, August 5th. Citigroup decreased their target price on Celanese from $80.00 to $68.00 and set a “buy” rating for the company in a research report on Wednesday, June 24th. Finally, JPMorgan Chase & Co. upped their price target on Celanese from $53.00 to $68.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th.
Get Our Latest Research Report on Celanese
Hedge Funds Weigh In On Celanese
Celanese Trading Up 0.9%
CE opened at $44.86 on Friday. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.45 and a quick ratio of 0.87. The company has a market cap of $4.92 billion, a price-to-earnings ratio of -4.20, a price-to-earnings-growth ratio of 0.29 and a beta of 0.76. The firm has a 50 day simple moving average of $47.76 and a 200 day simple moving average of $53.90. Celanese has a fifty-two week low of $35.13 and a fifty-two week high of $70.70.
Celanese (NYSE:CE – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.23 by $0.22. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.04%. The firm had revenue of $2.75 billion for the quarter, compared to analysts’ expectations of $2.75 billion. During the same period last year, the firm earned $1.44 earnings per share. The business’s revenue for the quarter was up 8.7% on a year-over-year basis. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. On average, sell-side analysts anticipate that Celanese will post 5.94 earnings per share for the current year.
Celanese Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Tuesday, July 28th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, July 28th. Celanese’s dividend payout ratio is presently -1.12%.
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.
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