Wells Fargo & Company Issues Positive Forecast for Celanese (NYSE:CE) Stock Price

Celanese (NYSE:CE) had its target price lifted by Wells Fargo & Company from $70.00 to $75.00 in a report issued on Friday morning, Marketbeat reports. They currently have an overweight rating on the basic materials company’s stock.

A number of other equities research analysts have also recently issued reports on CE. JPMorgan Chase & Co. upped their target price on shares of Celanese from $40.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, February 19th. Morgan Stanley initiated coverage on shares of Celanese in a report on Tuesday, January 20th. They issued an “equal weight” rating and a $50.00 target price on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Celanese in a report on Wednesday, January 21st. Royal Bank Of Canada upped their target price on shares of Celanese from $48.00 to $55.00 and gave the company a “sector perform” rating in a report on Monday, February 23rd. Finally, UBS Group upped their price target on shares of Celanese from $58.00 to $64.00 and gave the company a “neutral” rating in a research note on Thursday. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Celanese currently has an average rating of “Hold” and a consensus price target of $63.47.

Celanese Trading Up 1.5%

Shares of NYSE:CE opened at $63.22 on Friday. The company’s 50-day moving average price is $56.82 and its two-hundred day moving average price is $47.11. 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 has a one year low of $35.13 and a one year high of $67.82. The stock has a market capitalization of $6.93 billion, a PE ratio of -5.96, a price-to-earnings-growth ratio of 0.45 and a beta of 0.85.

Celanese (NYSE:CE) last issued its earnings results on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.22). The firm had revenue of $2.20 billion during the quarter, compared to the consensus estimate 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 revenue for the quarter was down 6.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.45 earnings per share. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. On average, equities analysts forecast that Celanese will post 8.79 EPS for the current fiscal year.

Celanese Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th were paid a $0.03 dividend. The ex-dividend date was Tuesday, February 24th. This represents a $0.12 dividend on an annualized basis and a yield of 0.2%. Celanese’s dividend payout ratio is -1.13%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Geneos Wealth Management Inc. increased its holdings in shares of 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 purchasing an additional 270 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of 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 purchasing an additional 331 shares during the period. Salomon & Ludwin LLC bought a new position in shares of Celanese during the third quarter worth approximately $36,000. National Bank of Canada FI bought a new position in shares of Celanese during the third quarter worth approximately $34,000. Finally, Versant Capital Management Inc increased its holdings in shares of 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 during the period. 98.87% of the stock is owned by institutional investors.

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.