Celanese Corporation (NYSE:CE) Receives $63.88 Average Target Price from Analysts

Celanese Corporation (NYSE:CE) has been given an average rating of “Moderate Buy” by the eighteen ratings firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $63.8750.

A number of analysts recently issued reports on CE shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Celanese in a report on Tuesday, May 26th. Mizuho set a $50.00 target price on shares of Celanese in a research report on Wednesday. Zacks Research raised Celanese from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 21st. Morgan Stanley dropped their target price on shares of Celanese from $72.00 to $58.00 and set an “equal weight” rating on the stock in a report on Thursday, July 16th. Finally, Wall Street Zen downgraded shares of Celanese from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th.

Hedge Funds Weigh In On Celanese

Several institutional investors have recently made changes to their positions in CE. BlackRock Inc. bought a new position in Celanese in the second quarter worth approximately $614,675,000. Vanguard Group Inc. lifted its stake in Celanese by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 11,840,341 shares of the basic materials company’s stock worth $500,610,000 after purchasing an additional 90,428 shares in the last quarter. Capital Research Global Investors lifted its position in Celanese by 24.0% during the fourth quarter. Capital Research Global Investors now owns 5,565,556 shares of the basic materials company’s stock valued at $235,312,000 after purchasing an additional 1,076,645 shares during the last quarter. Turtle Creek Asset Management Inc. raised its holdings in Celanese by 21.0% during the 3rd quarter. Turtle Creek Asset Management Inc. now owns 5,115,365 shares of the basic materials company’s stock valued at $215,255,000 after buying an additional 887,600 shares during the period. Finally, Fuller & Thaler Asset Management Inc. lifted its stake in Celanese by 15.8% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,094,781 shares of the basic materials company’s stock worth $173,127,000 after purchasing an additional 558,391 shares during the last quarter. Institutional investors own 98.87% of the company’s stock.

Celanese Stock Performance

CE stock opened at $43.87 on Friday. The firm has a market cap of $4.81 billion, a PE ratio of -4.10, a P/E/G ratio of 0.26 and a beta of 0.76. The company has a quick ratio of 0.87, a current ratio of 1.45 and a debt-to-equity ratio of 2.33. The business has a 50 day moving average of $48.19 and a 200-day moving average of $53.93. Celanese has a 12-month low of $35.13 and a 12-month high of $70.70.

Celanese (NYSE:CE) last released its earnings results on Tuesday, August 4th. The basic materials company reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.23 by $0.22. Celanese had a positive return on equity of 13.04% and a negative net margin of 12.04%.The company had revenue of $2.75 billion for the quarter, compared to analysts’ expectations of $2.75 billion. During the same period in the previous year, the business posted $1.44 EPS. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. As a group, sell-side analysts expect that Celanese will post 6 earnings per share for the current year.

Celanese Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Tuesday, July 28th will be issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Tuesday, July 28th. Celanese’s dividend payout ratio is presently -1.12%.

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.