Celanese (NYSE:CE) Stock Price Up 7.5% – Here’s Why

Celanese Corporation (NYSE:CE) shares shot up 7.5% during trading on Wednesday . The stock traded as high as $51.93 and last traded at $51.6550. 196,182 shares were traded during mid-day trading, a decline of 90% from the average session volume of 1,974,904 shares. The stock had previously closed at $48.04.

Analysts Set New Price Targets

Several equities research analysts have recently commented on CE shares. Morgan Stanley initiated coverage on shares of Celanese in a research report on Tuesday, January 20th. They set an “equal weight” rating and a $50.00 price target for the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Celanese in a research note on Wednesday, January 21st. Bank of America lowered their target price on Celanese from $59.00 to $57.00 and set a “buy” rating on the stock in a research report on Tuesday, October 14th. Royal Bank Of Canada upped their price target on Celanese from $43.00 to $48.00 and gave the stock a “sector perform” rating in a research report on Friday, January 16th. Finally, Tudor Pickering raised Celanese from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. Six equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $53.06.

Celanese Stock Up 6.8%

The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 2.66. The company has a 50 day simple moving average of $43.67 and a two-hundred day simple moving average of $44.01. The firm has a market capitalization of $5.62 billion, a P/E ratio of -1.81 and a beta of 1.12.

Celanese (NYSE:CE) last released its earnings results on Thursday, November 6th. The basic materials company reported $1.34 EPS for the quarter, topping the consensus estimate of $1.27 by $0.07. The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.51 billion. Celanese had a negative net margin of 31.85% and a positive return on equity of 9.87%. The company’s quarterly revenue was down 8.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.44 earnings per share. Celanese has set its Q4 2025 guidance at 0.850-1.000 EPS. On average, equities analysts predict that Celanese Corporation will post 8.79 EPS for the current fiscal year.

Insider Activity at Celanese

In other news, CFO Chuck Kyrish purchased 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The stock was bought at an average cost of $41.03 per share, with a total value of $205,150.00. Following the completion of the purchase, the chief financial officer owned 10,914 shares in the company, valued at approximately $447,801.42. This represents a 84.55% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.26% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Mizuho Markets Americas LLC lifted its position in Celanese by 149.6% during the second quarter. Mizuho Markets Americas LLC now owns 1,248,055 shares of the basic materials company’s stock valued at $69,055,000 after acquiring an additional 747,987 shares during the last quarter. HB Wealth Management LLC acquired a new stake in shares of Celanese during the 2nd quarter valued at about $340,000. Muhlenkamp & Co. Inc. purchased a new position in Celanese in the 2nd quarter valued at about $8,366,000. Great Lakes Advisors LLC purchased a new stake in shares of Celanese during the third quarter worth approximately $3,171,000. Finally, Geode Capital Management LLC boosted its holdings in shares of Celanese by 0.7% during the 2nd quarter. Geode Capital Management LLC now owns 1,866,515 shares of the basic materials company’s stock worth $103,301,000 after purchasing an additional 13,042 shares during the last quarter. 98.87% of the stock is currently owned by institutional investors.

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.