Celanese Corporation (NYSE:CE) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Celanese Corporation (NYSE:CEGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the eighteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $67.8125.

CE has been the subject of several recent analyst reports. Mizuho increased their price objective on shares of Celanese from $58.00 to $65.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Celanese in a research note on Tuesday. Tudor Pickering raised shares of Celanese from a “hold” rating to a “buy” rating in a research note on Monday, March 9th. JPMorgan Chase & Co. increased their target price on shares of Celanese from $53.00 to $68.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Finally, Evercore set a $63.00 price objective on shares of Celanese in a research note on Wednesday, February 18th.

Get Our Latest Analysis on CE

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Segall Bryant & Hamill LLC bought a new position in shares of Celanese in the first quarter valued at $26,298,000. Wellington Grp LLC lifted its stake in shares of Celanese by 99.4% in the first quarter. Wellington Grp LLC now owns 9,185 shares of the basic materials company’s stock valued at $604,000 after buying an additional 4,578 shares in the last quarter. Turtle Creek Asset Management Inc. lifted its stake in shares of Celanese by 18.1% in the first quarter. Turtle Creek Asset Management Inc. now owns 2,547,744 shares of the basic materials company’s stock valued at $167,565,000 after buying an additional 391,204 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Celanese by 65.5% in the first quarter. EverSource Wealth Advisors LLC now owns 1,044 shares of the basic materials company’s stock valued at $69,000 after buying an additional 413 shares in the last quarter. Finally, California State Teachers Retirement System lifted its stake in shares of Celanese by 21.7% in the first quarter. California State Teachers Retirement System now owns 126,363 shares of the basic materials company’s stock valued at $8,311,000 after buying an additional 22,537 shares in the last quarter. 98.87% of the stock is owned by institutional investors.

Celanese Trading Down 0.3%

CE opened at $53.10 on Friday. Celanese has a twelve month low of $35.13 and a twelve month high of $70.70. 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 company has a fifty day moving average of $60.99 and a 200-day moving average of $51.62. The stock has a market cap of $5.82 billion, a PE ratio of -5.31, a price-to-earnings-growth ratio of 0.32 and a beta of 0.81.

Celanese (NYSE:CEGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share 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 firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same quarter last year, the company earned $0.57 earnings per share. The company’s quarterly revenue was down 2.2% compared to the same quarter last year. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. On average, sell-side analysts predict that Celanese will post 5.8 EPS for the current year.

Celanese Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, April 27th were paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, April 27th. Celanese’s dividend payout ratio (DPR) is -1.20%.

Celanese Company Profile

(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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