Celanese (NYSE:CE) Stock Passes Above 200 Day Moving Average – What’s Next?

Celanese Corporation (NYSE:CE)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $52.97 and traded as high as $53.20. Celanese shares last traded at $51.2440, with a volume of 1,114,371 shares trading hands.

Analyst Ratings Changes

CE has been the topic of several recent research reports. Citigroup reduced their target price on shares of Celanese from $84.00 to $80.00 and set a “buy” rating on the stock in a research note on Thursday, May 7th. Wells Fargo & Company boosted their price target on shares of Celanese from $75.00 to $80.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Zacks Research upgraded shares of Celanese from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. Bank of America raised their price objective on shares of Celanese from $70.00 to $75.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Finally, Vertical Research raised shares of Celanese from a “hold” rating to a “buy” rating and set a $60.00 target price for the company in a report on Monday, March 9th. Ten research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $67.81.

Celanese Trading Down 0.0%

The company’s fifty day simple moving average is $58.26 and its two-hundred day simple moving average is $53.04. The company has a market capitalization of $5.61 billion, a price-to-earnings ratio of -5.11, a price-to-earnings-growth ratio of 0.31 and a beta of 0.73. The company has a quick ratio of 0.85, a current ratio of 1.38 and a debt-to-equity ratio of 2.41.

Celanese (NYSE:CE) last announced 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 during the quarter, compared to analyst estimates of $2.34 billion. Celanese had a negative net margin of 11.54% and a positive return on equity of 9.92%. Celanese’s quarterly revenue was down 2.2% on a year-over-year basis. During the same period last year, the firm earned $0.57 EPS. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. Research analysts forecast that Celanese Corporation will post 5.8 earnings per share for the current fiscal year.

Celanese Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, April 27th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, April 27th. Celanese’s dividend payout ratio is -1.20%.

Hedge Funds Weigh In On Celanese

Several institutional investors have recently modified their holdings of CE. Geneos Wealth Management Inc. lifted its stake in Celanese by 111.1% in the second 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. National Bank of Canada FI bought a new stake in Celanese in the 3rd quarter valued at $34,000. Hartford Financial Management Inc. boosted its stake in Celanese by 350.5% in the 4th 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 period. Smartleaf Asset Management LLC boosted 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 worth $38,000 after purchasing an additional 331 shares during the period. Finally, UMB Bank n.a. increased its holdings in Celanese by 175.7% during the 4th 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 in the last quarter. Institutional investors own 98.87% of the company’s stock.

Celanese Company Profile

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.