Celanese (NYSE:CE – Get Free Report) issued its earnings results on Monday. The basic materials company reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.09, FiscalAI reports. The company had revenue of $2.56 billion for the quarter, compared to analysts’ expectations of $2.62 billion. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.04%. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.34 EPS.
Celanese Stock Performance
NYSE:CE opened at $47.77 on Tuesday. Celanese has a twelve month low of $35.13 and a twelve month high of $70.70. The firm’s fifty day simple moving average is $46.08 and its 200 day simple moving average is $51.40. The company has a quick ratio of 0.87, a current ratio of 1.45 and a debt-to-equity ratio of 2.33. The stock has a market cap of $5.24 billion, a P/E ratio of -4.47, a price-to-earnings-growth ratio of 0.35 and a beta of 0.71.
Celanese Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Tuesday, October 27th will be paid a $0.03 dividend. The ex-dividend date of this dividend is Tuesday, October 27th. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. Celanese’s dividend payout ratio (DPR) is presently -1.12%.
Celanese News Summary
- Positive Sentiment: Full-year guidance raised: Celanese now expects fiscal 2026 EPS of $6.00–$6.25, compared with the $6.00 analyst consensus at the low end. The higher range suggests management sees sufficient momentum to support improved earnings. Celanese Corporation Reports Third Quarter Earnings; Exceeds Third Quarter Guidance and Raises Full Year Outlook
- Positive Sentiment: Q3 earnings exceeded expectations: Celanese reported EPS of $1.65, above analyst estimates ranging from $1.52 to $1.56 and up from $1.34 in the year-ago quarter. The earnings beat and 5.7% year-over-year revenue growth indicate improved operating performance. Celanese Q3 Earnings Surpass Estimates
- Positive Sentiment: Potential sustainability opportunity: Celanese and Röchling are collaborating on stock shapes made with captured CO2, which could broaden applications for the company’s materials and support its sustainability positioning over time. Celanese and Röchling Collaborate to Advance Stock Shapes Made With Captured CO2
- Negative Sentiment: Revenue missed expectations: Quarterly revenue was $2.56 billion, below the $2.62 billion consensus estimate. Although sales increased year over year, the shortfall suggests demand or pricing remains a concern.
- Negative Sentiment: Profitability and balance-sheet risks remain: Celanese reported a negative net margin of 12.04%, while its debt-to-equity ratio was elevated at 2.33. These factors could limit investor enthusiasm if earnings growth does not translate into stronger cash generation and net profitability.
Insider Buying and Selling
In other Celanese news, SVP Mark Murray bought 2,153 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average price of $45.52 per share, for a total transaction of $98,004.56. Following the acquisition, the senior vice president owned 30,432 shares in the company, valued at approximately $1,385,264.64. This represents a 7.61% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.34% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have commented on CE shares. Deutsche Bank Aktiengesellschaft set a $50.00 price target on shares of Celanese in a research report on Thursday, August 6th. Mizuho set a $50.00 price objective on shares of Celanese in a research report on Wednesday, August 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Celanese in a report on Friday, August 21st. BMO Capital Markets decreased their price target on shares of Celanese from $57.00 to $54.00 and set a “market perform” rating for the company in a report on Wednesday, August 5th. Finally, KeyCorp assumed coverage on Celanese in a research report on Thursday, September 10th. They issued an “overweight” rating and a $57.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $60.38.
About Celanese
Celanese Corporation (NYSE: CE) is a global chemical and specialty materials company headquartered in Irving, Texas. The company develops and manufactures engineered materials and chemical products used by manufacturers in industries including automotive, consumer goods, medical and healthcare, electronics, industrial equipment, energy and infrastructure.
Celanese operates primarily through its Engineered Materials and Acetyl Chain businesses. Its portfolio includes engineered polymers, thermoplastic compounds and other specialty materials, as well as acetyl products such as acetic acid, vinyl acetate monomer, emulsions and related intermediates.
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