Celanese Corporation (NYSE:CE) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Celanese Corporation (NYSE:CE) have been assigned a consensus rating of “Moderate Buy” from the eighteen analysts that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $65.4375.

A number of brokerages have recently issued reports on CE. Royal Bank Of Canada increased their target price on Celanese from $66.00 to $68.00 and gave the stock a “sector perform” rating in a research note on Monday, May 11th. BMO Capital Markets decreased their price target on Celanese from $80.00 to $57.00 and set a “market perform” rating on the stock in a research note on Monday, July 6th. UBS Group increased their price objective on Celanese from $58.00 to $64.00 and gave the stock a “neutral” rating in a research report on Thursday, April 9th. Zacks Research raised Celanese from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, Wall Street Zen lowered shares of Celanese from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th.

Celanese Stock Down 0.0%

Shares of NYSE:CE opened at $45.68 on Monday. Celanese has a fifty-two week low of $35.13 and a fifty-two week high of $70.70. 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’s 50-day simple moving average is $51.19 and its 200-day simple moving average is $53.88. The company has a market cap of $5.01 billion, a price-to-earnings ratio of -4.56, a PEG ratio of 0.26 and a beta of 0.76.

Celanese (NYSE:CE) last posted its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share (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 analysts’ expectations 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 for the quarter was down 2.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.57 earnings per share. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. As a group, equities research analysts predict that Celanese will post 6.01 earnings per share for the current year.

Celanese Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Tuesday, July 28th will be issued a dividend of $0.03 per share. The ex-dividend date of this dividend is Tuesday, July 28th. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. Celanese’s payout ratio is currently -1.20%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. lifted its position in shares of Celanese by 111.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 270 shares during the period. Smartleaf Asset Management LLC increased its stake in Celanese by 100.0% in the 2nd quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock valued at $38,000 after purchasing an additional 331 shares in the last quarter. National Bank of Canada FI purchased a new position in Celanese in the 3rd quarter valued at approximately $34,000. UMB Bank n.a. raised its holdings in 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 purchasing an additional 571 shares during the last quarter. Finally, Hartford Financial Management Inc. raised its holdings in Celanese by 350.5% during the fourth quarter. Hartford Financial Management Inc. now owns 901 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 701 shares during the last quarter. 98.87% of the stock is currently owned by institutional investors and hedge funds.

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.