Celanese (CE) to Release Earnings on Monday

Celanese (NYSE:CE - Get Free Report) is anticipated to release its Q1 2025 earnings data after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $2.26 billion for the quarter. Celanese has set its Q2 2025 guidance at 1.250-1.500 EPS and its Q1 2025 guidance at 0.250-0.500 EPS.

Celanese (NYSE:CE - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The basic materials company reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.20. Celanese had a negative net margin of 14.81% and a positive return on equity of 12.86%. The firm had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.36 billion. On average, analysts expect Celanese to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Celanese Stock Performance

Shares of Celanese stock remained flat at $44.48 on Wednesday. 3,418,911 shares of the stock were exchanged, compared to its average volume of 2,058,646. The company has a market capitalization of $4.86 billion, a PE ratio of -3.19, a P/E/G ratio of 1.05 and a beta of 1.08. The company has a current ratio of 1.34, a quick ratio of 0.76 and a debt-to-equity ratio of 1.98. Celanese has a twelve month low of $36.29 and a twelve month high of $169.50. The business has a fifty day moving average price of $48.95 and a 200-day moving average price of $69.81.

Celanese Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 12th. Stockholders of record on Monday, April 28th will be issued a dividend of $0.03 per share. The ex-dividend date of this dividend is Monday, April 28th. This represents a $0.12 annualized dividend and a dividend yield of 0.27%. Celanese's payout ratio is -0.86%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CE shares. Morgan Stanley lowered their target price on shares of Celanese from $100.00 to $80.00 and set an "equal weight" rating on the stock in a research note on Monday, January 13th. Robert W. Baird lowered their price objective on Celanese from $110.00 to $67.00 and set an "outperform" rating for the company in a research report on Thursday, February 20th. Vertical Research raised shares of Celanese from a "sell" rating to a "hold" rating and set a $66.00 price objective on the stock in a research note on Thursday, March 6th. Royal Bank of Canada downgraded shares of Celanese from an "outperform" rating to a "sector perform" rating and lowered their price objective for the stock from $84.00 to $56.00 in a research report on Thursday, February 20th. Finally, Piper Sandler reiterated an "underweight" rating and issued a $48.00 price target (down from $50.00) on shares of Celanese in a research note on Monday, April 7th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $61.33.

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.