Celanese (NYSE:CE) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of Celanese (NYSE:CE) from a strong sell rating to a hold rating in a report issued on Tuesday,Zacks.com reports.

A number of other equities analysts have also recently weighed in on the company. Royal Bank Of Canada set a $66.00 price target on Celanese and gave the stock a “sector perform” rating in a report on Friday, April 10th. Mizuho boosted their price objective on Celanese from $55.00 to $58.00 and gave the company a “neutral” rating in a research report on Tuesday, March 31st. Vertical Research upgraded 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 lifted their price target on shares of Celanese from $65.00 to $75.00 and gave the company an “outperform” rating in a research note on Friday, March 27th. Finally, Tudor Pickering upgraded shares of Celanese from a “hold” rating to a “buy” rating in a research report on Monday, March 9th. Nine research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $64.71.

Celanese Price Performance

NYSE:CE opened at $65.45 on Tuesday. The company has a 50 day moving average price of $58.72 and a 200-day moving average price of $48.43. Celanese has a 1-year low of $35.13 and a 1-year high of $68.77. The firm has a market cap of $7.17 billion, a price-to-earnings ratio of -6.17, a price-to-earnings-growth ratio of 0.48 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 (NYSE:CE) last released its quarterly earnings results on Tuesday, February 17th. The basic materials company reported $0.67 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.22). The firm had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.25 billion. Celanese had a negative net margin of 12.15% and a positive return on equity of 8.75%. The firm’s quarterly revenue was down 6.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.45 EPS. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. Equities research analysts forecast that Celanese will post 4.84 EPS for the current year.

Celanese Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Monday, April 27th will be paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, April 27th. Celanese’s dividend payout ratio is -1.13%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CE. Geneos Wealth Management Inc. raised its stake 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 acquiring an additional 270 shares during the period. National Bank of Canada FI purchased a new stake in Celanese in the third quarter valued at approximately $34,000. Versant Capital Management Inc lifted its stake in Celanese by 140.4% during the third quarter. Versant Capital Management Inc now owns 827 shares of the basic materials company’s stock worth $35,000 after purchasing an additional 483 shares in the last quarter. Salomon & Ludwin LLC purchased a new position in shares of Celanese during the third quarter worth $36,000. Finally, Hartford Financial Management Inc. grew its stake 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 valued at $38,000 after buying an additional 701 shares in the last quarter. 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.