Celanese (NYSE:CE) Stock Price Down 6.9% – What’s Next?

Celanese Corporation (NYSE:CE) traded down 6.9% on Monday . The stock traded as low as $46.12 and last traded at $45.9950. 1,035,784 shares changed hands during trading, a decline of 55% from the average daily volume of 2,277,870 shares. The stock had previously closed at $49.42.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Robert W. Baird increased 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. Wall Street Zen lowered shares of Celanese from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Royal Bank Of Canada boosted their price target on shares of Celanese from $66.00 to $68.00 and gave the company a “sector perform” rating in a research report on Monday, May 11th. Bank of America upped 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, Morgan Stanley lifted their target price on Celanese from $50.00 to $72.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. Ten research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Celanese presently has a consensus rating of “Moderate Buy” and an average target price of $67.06.

Celanese Stock Performance

The stock’s 50-day moving average is $56.42 and its 200 day moving average is $53.39. The stock has a market cap of $5.04 billion, a price-to-earnings ratio of -4.57, a P/E/G ratio of 0.30 and a beta of 0.74. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.38 and a quick ratio of 0.85.

Celanese (NYSE:CE) last issued its earnings results on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.03). The company had revenue of $2.34 billion for the quarter, compared to analyst estimates 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 quarterly revenue was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.57 earnings per share. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. As a group, analysts predict that Celanese Corporation will post 5.8 earnings per share for the current fiscal year.

Celanese Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, April 27th were paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, April 27th. Celanese’s dividend payout ratio (DPR) is -1.20%.

Institutional Trading of Celanese

Large investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. boosted its position in Celanese by 111.1% during the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 270 shares during the last quarter. National Bank of Canada FI purchased a new stake in shares of Celanese in the third quarter valued at $34,000. Hartford Financial Management Inc. increased its stake in 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 purchasing an additional 701 shares during the last quarter. Smartleaf Asset Management LLC lifted 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 buying an additional 331 shares during the period. Finally, UMB Bank n.a. increased its stake in shares of Celanese by 175.7% during the 4th quarter. UMB Bank n.a. now owns 896 shares of the basic materials company’s stock valued at $38,000 after acquiring an additional 571 shares during the last quarter. Institutional investors and hedge funds 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.