Brokerages Set Celanese Corporation (NYSE:CE) Price Target at $56.33

Celanese Corporation (NYSE:CE) has received an average rating of “Hold” from the twenty brokerages that are covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $56.3333.

A number of analysts have weighed in on CE shares. Royal Bank Of Canada cut their price target on Celanese from $63.00 to $45.00 and set a “sector perform” rating on the stock in a research note on Thursday, August 14th. JPMorgan Chase & Co. dropped their price objective on Celanese from $47.00 to $40.00 and set a “neutral” rating on the stock in a report on Thursday, August 14th. Zacks Research lowered Celanese from a “hold” rating to a “strong sell” rating in a report on Thursday, August 14th. Bank of America dropped their price objective on Celanese from $65.00 to $59.00 and set a “buy” rating on the stock in a report on Wednesday, August 13th. Finally, BMO Capital Markets dropped their price objective on Celanese from $55.00 to $47.00 and set a “market perform” rating on the stock in a report on Thursday, August 14th.

Insider Activity

In other Celanese news, Director Timothy Go acquired 1,039 shares of the stock in a transaction on Monday, September 8th. The shares were bought at an average price of $46.25 per share, with a total value of $48,053.75. Following the acquisition, the director owned 4,415 shares of the company’s stock, valued at $204,193.75. This trade represents a 30.78% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.26% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Celanese

Several institutional investors have recently modified their holdings of CE. Strengthening Families & Communities LLC boosted its stake in shares of Celanese by 73.2% during the 1st quarter. Strengthening Families & Communities LLC now owns 440 shares of the basic materials company’s stock worth $25,000 after acquiring an additional 186 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake 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 worth $28,000 after acquiring an additional 270 shares in the last quarter. Summit Securities Group LLC purchased a new stake in shares of Celanese during the 1st quarter worth approximately $30,000. SBI Securities Co. Ltd. boosted its stake in shares of Celanese by 55.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 623 shares of the basic materials company’s stock worth $34,000 after acquiring an additional 222 shares in the last quarter. Finally, Mather Group LLC. raised its position in shares of Celanese by 127.0% during the 1st quarter. Mather Group LLC. now owns 622 shares of the basic materials company’s stock worth $35,000 after purchasing an additional 348 shares during the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Celanese Stock Up 2.2%

NYSE:CE opened at $40.17 on Friday. The company has a quick ratio of 1.22, a current ratio of 2.05 and a debt-to-equity ratio of 2.22. The stock’s fifty day moving average is $44.71 and its two-hundred day moving average is $49.33. Celanese has a 52 week low of $36.29 and a 52 week high of $136.68. The stock has a market capitalization of $4.40 billion, a price-to-earnings ratio of -2.71, a price-to-earnings-growth ratio of 1.78 and a beta of 1.13.

Celanese (NYSE:CE) last released its quarterly earnings results on Monday, August 11th. The basic materials company reported $1.44 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.06. The company had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.50 billion. Celanese had a positive return on equity of 10.48% and a negative net margin of 16.30%.The firm’s revenue was down 4.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.38 earnings per share. Celanese has set its Q3 2025 guidance at 1.100-1.400 EPS. Research analysts anticipate that Celanese will post 8.79 EPS for the current year.

Celanese Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 11th. Investors of record on Tuesday, July 29th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. Celanese’s dividend payout ratio (DPR) is currently -0.81%.

Celanese Company Profile

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.