Analysts Set Celanese Corporation (NYSE:CE) Price Target at $54.00

Celanese Corporation (NYSE:CEGet Free Report) has earned a consensus recommendation of “Hold” from the twenty-one research firms that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $54.00.

Several research analysts have recently commented on CE shares. Wells Fargo & Company reissued an “equal weight” rating and set a $45.00 price objective (down previously from $55.00) on shares of Celanese in a report on Friday, December 19th. Evercore ISI cut their price target on shares of Celanese from $75.00 to $45.00 and set an “in-line” rating for the company in a research note on Tuesday, November 11th. Tudor Pickering upgraded shares of Celanese from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. Citigroup dropped their price objective on shares of Celanese from $60.00 to $56.00 and set a “buy” rating for the company in a report on Thursday, December 18th. Finally, Jefferies Financial Group reduced their target price on Celanese from $47.00 to $43.00 and set a “hold” rating on the stock in a research note on Monday, September 8th.

View Our Latest Stock Analysis on Celanese

Celanese Trading Up 0.0%

Shares of Celanese stock opened at $42.86 on Thursday. The company’s 50-day moving average price is $40.43 and its 200-day moving average price is $46.23. The company has a current ratio of 1.63, a quick ratio of 1.04 and a debt-to-equity ratio of 2.66. Celanese has a 12-month low of $35.13 and a 12-month high of $75.84. The company has a market cap of $4.69 billion, a price-to-earnings ratio of -1.52 and a beta of 1.12.

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

Celanese Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 12th. Investors of record on Tuesday, October 28th were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Tuesday, October 28th. Celanese’s dividend payout ratio (DPR) is currently -0.42%.

Insider Transactions at Celanese

In other Celanese news, CFO Chuck Kyrish purchased 5,000 shares of Celanese stock in a transaction on Tuesday, December 9th. The shares were acquired at an average cost of $41.03 per share, for a total transaction of $205,150.00. Following the completion of the transaction, the chief financial officer directly owned 10,914 shares of the company’s stock, valued at approximately $447,801.42. The trade was a 84.55% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 0.26% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Celanese

A number of hedge funds have recently made changes to their positions in the business. Mizuho Markets Americas LLC lifted its holdings in Celanese by 149.6% in the 2nd quarter. Mizuho Markets Americas LLC now owns 1,248,055 shares of the basic materials company’s stock worth $69,055,000 after buying an additional 747,987 shares during the period. HB Wealth Management LLC purchased a new stake in Celanese in the second quarter worth $340,000. Muhlenkamp & Co. Inc. bought a new stake in Celanese in the second quarter valued at $8,366,000. United Services Automobile Association purchased a new position in Celanese during the 1st quarter valued at $382,000. Finally, E. Ohman J or Asset Management AB purchased a new position in Celanese during the 2nd quarter valued at $2,489,000. 98.87% of the stock is currently owned by institutional investors.

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.

See Also

Analyst Recommendations for Celanese (NYSE:CE)

Receive News & Ratings for Celanese Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celanese and related companies with MarketBeat.com's FREE daily email newsletter.