Brokerages Set Celanese Corporation (NYSE:CE) Target Price at $61.39

Celanese Corporation (NYSE:CE) has been assigned an average recommendation of “Hold” from the nineteen brokerages that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and nine have given a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $62.1765.

Several equities research analysts have recently issued reports on the stock. Jefferies Financial Group upgraded shares of Celanese from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a research report on Thursday, February 5th. Royal Bank Of Canada raised their target price on shares of Celanese from $48.00 to $55.00 and gave the company a “sector perform” rating in a report on Monday, February 23rd. Wells Fargo & Company upgraded shares of Celanese from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $55.00 to $70.00 in a research report on Friday, March 13th. Evercore set a $63.00 price target on shares of Celanese in a research report on Wednesday, February 18th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Celanese from $40.00 to $53.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th.

Institutional Investors Weigh In On Celanese

Several large investors have recently bought and sold shares of CE. Federated Hermes Inc. increased its position in Celanese by 182.1% in the second quarter. Federated Hermes Inc. now owns 5,081,458 shares of the basic materials company’s stock worth $281,157,000 after purchasing an additional 3,280,109 shares during the last quarter. Royal Bank of Canada increased its position in Celanese by 1,539.8% in the fourth quarter. Royal Bank of Canada now owns 2,133,216 shares of the basic materials company’s stock worth $90,192,000 after purchasing an additional 2,003,127 shares during the last quarter. Capital Research Global Investors increased its position in Celanese by 24.0% in the fourth quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock worth $235,312,000 after purchasing an additional 1,076,645 shares during the last quarter. Turtle Creek Asset Management Inc. increased its position in Celanese by 21.0% in the third quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company’s stock worth $215,255,000 after purchasing an additional 887,600 shares during the last quarter. Finally, Bank of America Corp DE increased its position in Celanese by 103.7% in the second quarter. Bank of America Corp DE now owns 1,645,689 shares of the basic materials company’s stock worth $91,056,000 after purchasing an additional 837,944 shares during the last quarter. Institutional investors own 98.87% of the company’s stock.

Celanese Trading Up 0.2%

Celanese stock opened at $63.68 on Friday. The stock has a market cap of $6.98 billion, a P/E ratio of -6.01, a PEG ratio of 0.45 and a beta of 0.85. The company has a debt-to-equity ratio of 2.55, a current ratio of 1.55 and a quick ratio of 0.94. Celanese has a 1 year low of $35.13 and a 1 year high of $67.82. The firm’s 50 day moving average price is $56.10 and its 200-day moving average price is $46.87.

Celanese (NYSE:CE) last released its quarterly earnings data on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.22). The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.25 billion. Celanese had a negative net margin of 12.15% and a positive return on equity of 8.75%. The company’s quarterly revenue was down 6.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.45 EPS. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. On average, equities analysts predict that Celanese will post 8.79 earnings per share for the current fiscal year.

Celanese Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th were given a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.2%. The ex-dividend date was Tuesday, February 24th. Celanese’s payout ratio is currently -1.13%.

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.