FY2027 EPS Estimates for Celanese Reduced by Zacks Research

Celanese Corporation (NYSE:CEFree Report) – Analysts at Zacks Research decreased their FY2027 earnings estimates for shares of Celanese in a research note issued on Tuesday, May 26th. Zacks Research analyst Team now forecasts that the basic materials company will post earnings of $5.93 per share for the year, down from their previous forecast of $5.94. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Celanese’s current full-year earnings is $5.65 per share. Zacks Research also issued estimates for Celanese’s FY2028 earnings at $7.70 EPS.

Celanese (NYSE:CEGet Free Report) last posted its quarterly earnings data 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). The firm had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. Celanese had a positive return on equity of 9.92% and a negative net margin of 11.54%.The company’s revenue was down 2.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.57 EPS. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS.

Several other research analysts have also commented on the stock. Wall Street Zen upgraded shares of Celanese from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Vertical Research upgraded Celanese from a “hold” rating to a “buy” rating and set a $60.00 price target for the company in a research note on Monday, March 9th. Wells Fargo & Company increased their price target on Celanese from $75.00 to $80.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Morgan Stanley increased their price target on Celanese from $50.00 to $72.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 5th. Finally, Bank of America increased their price target on Celanese from $70.00 to $75.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Ten research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Celanese presently has an average rating of “Moderate Buy” and an average price target of $67.81.

View Our Latest Report on CE

Celanese Stock Performance

NYSE CE opened at $52.39 on Wednesday. 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 has a market cap of $5.75 billion, a PE ratio of -5.23, a price-to-earnings-growth ratio of 0.33 and a beta of 0.81. The company has a 50 day moving average price of $61.33 and a 200 day moving average price of $51.40. Celanese has a 52 week low of $35.13 and a 52 week high of $70.70.

Institutional Investors Weigh In On Celanese

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. boosted its position in Celanese by 111.1% in the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock valued at $28,000 after buying an additional 270 shares during the last quarter. National Bank of Canada FI acquired a new position in Celanese in the 3rd quarter worth approximately $34,000. Hartford Financial Management Inc. increased its holdings in Celanese by 350.5% in the 4th quarter. Hartford Financial Management Inc. now owns 901 shares of the basic materials company’s stock worth $38,000 after buying an additional 701 shares during the period. Smartleaf Asset Management LLC increased its holdings in Celanese by 100.0% in the 2nd quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock worth $38,000 after buying an additional 331 shares during the period. Finally, UMB Bank n.a. increased its holdings in Celanese by 175.7% in the 4th quarter. UMB Bank n.a. now owns 896 shares of the basic materials company’s stock worth $38,000 after buying an additional 571 shares during the period. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Celanese Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, April 27th were paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, April 27th. Celanese’s payout ratio is presently -1.20%.

About Celanese

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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.

Further Reading

Earnings History and Estimates for Celanese (NYSE:CE)

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