Celanese (NYSE:CE) Posts Earnings Results, Beats Expectations By $0.07 EPS

Celanese (NYSE:CEGet Free Report) announced its quarterly earnings results on Thursday. The basic materials company reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.07, Zacks reports. Celanese had a negative net margin of 16.30% and a positive return on equity of 10.48%. The company had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.51 billion. During the same quarter in the previous year, the business posted $2.44 EPS. Celanese’s revenue was down 8.6% compared to the same quarter last year. Celanese updated its Q4 2025 guidance to 0.850-1.000 EPS.

Celanese Stock Performance

Celanese stock traded up $5.28 during trading hours on Friday, hitting $41.39. 5,374,217 shares of the stock traded hands, compared to its average volume of 2,617,984. The firm’s 50 day moving average price is $42.45 and its 200-day moving average price is $48.91. The stock has a market capitalization of $4.53 billion, a price-to-earnings ratio of -2.79, a P/E/G ratio of 1.86 and a beta of 1.17. Celanese has a 1 year low of $35.48 and a 1 year high of $89.24. The company has a debt-to-equity ratio of 2.22, a current ratio of 2.05 and a quick ratio of 1.22.

Celanese Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Tuesday, October 28th will be issued a dividend of $0.03 per share. The ex-dividend date of this dividend is Tuesday, October 28th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. Celanese’s payout ratio is -0.42%.

Insider Activity at Celanese

In other Celanese news, Director Timothy Go acquired 1,039 shares of the business’s stock in a transaction dated Monday, September 8th. The shares were purchased at an average price of $46.25 per share, for a total transaction of $48,053.75. Following the completion of the purchase, the director directly owned 4,415 shares of the company’s stock, valued at $204,193.75. The trade was a 30.78% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.33% of the stock is owned by company insiders.

Institutional Trading of Celanese

Several institutional investors have recently bought and sold shares of the business. 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 buying an additional 270 shares in the last quarter. Smartleaf Asset Management LLC raised its position in 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 acquiring an additional 331 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Celanese by 144.9% during the second quarter. EverSource Wealth Advisors LLC now owns 1,276 shares of the basic materials company’s stock valued at $71,000 after purchasing an additional 755 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of Celanese during the 2nd quarter worth about $180,000. Finally, Vident Advisory LLC purchased a new position in Celanese in the 2nd quarter valued at about $222,000. 98.87% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have commented on CE shares. KeyCorp cut their target price on shares of Celanese from $77.00 to $70.00 and set an “overweight” rating for the company in a research report on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft set a $52.00 price target on Celanese and gave the stock a “buy” rating in a research note on Wednesday, August 13th. JPMorgan Chase & Co. dropped their price objective on Celanese from $47.00 to $40.00 and set a “neutral” rating for the company in a research note on Thursday, August 14th. Weiss Ratings restated a “sell (d)” rating on shares of Celanese in a research note on Wednesday, October 8th. Finally, Cfra Research upgraded shares of Celanese to a “moderate sell” rating in a research report on Tuesday, August 12th. Seven analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $56.11.

View Our Latest Stock Report on Celanese

Celanese Company Profile

(Get Free Report)

Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics.

See Also

Earnings History 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.