Mizuho Issues Pessimistic Forecast for Celanese (NYSE:CE) Stock Price

Celanese (NYSE:CE) had its price target lowered by analysts at Mizuho from $65.00 to $55.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the basic materials company’s stock. Mizuho’s price objective points to a potential upside of 19.67% from the company’s previous close.

Other analysts have also recently issued research reports about the company. Vertical Research raised Celanese from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a research report on Monday, March 9th. Robert W. Baird boosted their price target on Celanese from $65.00 to $75.00 and gave the stock an “outperform” rating in a research report on Friday, March 27th. Bank of America decreased their price objective on Celanese from $72.00 to $63.00 and set a “buy” rating for the company in a research note on Tuesday. Morgan Stanley raised their price objective on Celanese from $50.00 to $72.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. Finally, Tudor Pickering upgraded shares of Celanese from a “hold” rating to a “buy” rating in a report on Monday, March 9th. Ten analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Celanese has an average rating of “Moderate Buy” and an average price target of $65.69.

Celanese Trading Up 0.1%

NYSE CE opened at $45.96 on Wednesday. Celanese has a one year low of $35.13 and a one year high of $70.70. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.85 and a current ratio of 1.38. The company has a market capitalization of $5.04 billion, a price-to-earnings ratio of -4.59, a price-to-earnings-growth ratio of 0.28 and a beta of 0.73. The company’s 50-day simple moving average is $55.65 and its two-hundred day simple moving average is $53.44.

Celanese (NYSE:CE) last released its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.03). The business had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. Celanese had a negative net margin of 11.54% and a positive return on equity of 9.92%. Celanese’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.57 earnings per share. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. Equities analysts forecast that Celanese will post 5.8 EPS for the current fiscal year.

Institutional Investors Weigh In On Celanese

Several institutional investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. raised its position in shares of Celanese by 111.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 270 shares during the last quarter. National Bank of Canada FI purchased a new position in shares of Celanese in the third quarter worth $34,000. Hartford Financial Management Inc. raised its holdings in shares of Celanese by 350.5% in the fourth 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 last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Celanese by 100.0% during the second 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. lifted its stake in shares of Celanese by 175.7% during the fourth 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. Institutional investors and hedge funds own 98.87% of the company’s stock.

About Celanese

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.