Celanese Corporation (NYSE:CE) Receives Average Rating of "Hold" from Brokerages

Key Points

• Celanese Corporation has received a consensus rating of "Hold" from eighteen brokerages, with two sell, ten hold, and six buy ratings.
• The company's average 12-month price target is $59.94, with various analysts recently adjusting their targets, highlighting a range from $40.00 to $72.00.
• Celanese reported a quarterly earnings per share of $1.44, surpassing estimates, but its revenue has declined 4.5% year-over-year, indicating potential challenges ahead.

Celanese Corporation (NYSE:CE - Get Free Report) has been assigned a consensus rating of "Hold" from the eighteen brokerages that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $59.3889.

Several analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft set a $52.00 target price on Celanese and gave the company a "buy" rating in a research note on Wednesday, August 13th. Alembic Global Advisors set a $60.00 price objective on Celanese in a research report on Monday. Robert W. Baird reduced their price objective on Celanese from $67.00 to $50.00 and set an "outperform" rating for the company in a research report on Wednesday, August 13th. Wall Street Zen upgraded Celanese from a "sell" rating to a "hold" rating in a research report on Wednesday, May 14th. Finally, Cfra Research upgraded Celanese to a "moderate sell" rating in a research report on Tuesday, August 12th.

Institutional Trading of Celanese

A number of hedge funds have recently modified their holdings of the company. Dodge & Cox lifted its position in shares of Celanese by 13.0% in the 1st quarter. Dodge & Cox now owns 15,391,416 shares of the basic materials company's stock worth $873,771,000 after acquiring an additional 1,773,354 shares during the period. Federated Hermes Inc. lifted its position in shares of Celanese by 182.1% in the 2nd quarter. Federated Hermes Inc. now owns 5,081,458 shares of the basic materials company's stock worth $281,157,000 after acquiring an additional 3,280,109 shares during the period. State Street Corp raised its holdings in shares of Celanese by 3.2% in the 2nd quarter. State Street Corp now owns 3,828,747 shares of the basic materials company's stock worth $211,845,000 after buying an additional 120,208 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Celanese by 134.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,566,226 shares of the basic materials company's stock worth $202,455,000 after buying an additional 2,044,662 shares in the last quarter. Finally, Turtle Creek Asset Management Inc. raised its holdings in shares of Celanese by 266.7% in the 4th quarter. Turtle Creek Asset Management Inc. now owns 3,506,440 shares of the basic materials company's stock worth $242,681,000 after buying an additional 2,550,334 shares in the last quarter. Institutional investors own 98.87% of the company's stock.

Celanese Stock Performance

NYSE:CE traded up $0.15 during mid-day trading on Friday, hitting $47.24. 1,624,369 shares of the company's stock traded hands, compared to its average volume of 2,836,099. The firm has a 50 day moving average of $53.28 and a two-hundred day moving average of $52.43. Celanese has a 12 month low of $36.29 and a 12 month high of $142.54. The firm has a market capitalization of $5.17 billion, a price-to-earnings ratio of -3.19, a price-to-earnings-growth ratio of 2.04 and a beta of 1.10. The company has a current ratio of 2.05, a quick ratio of 1.22 and a debt-to-equity ratio of 2.22.

Celanese (NYSE:CE - Get Free Report) last announced its earnings results on Monday, August 11th. The basic materials company reported $1.44 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.06. Celanese had a positive return on equity of 10.48% and a negative net margin of 16.30%.The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter in the prior year, the company earned $2.38 EPS. The firm's revenue for the quarter was down 4.5% compared to the same quarter last year. Celanese has set its Q3 2025 guidance at 1.100-1.400 EPS. On average, equities analysts forecast that Celanese will post 8.79 earnings per share for the current fiscal year.

Celanese Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 11th. Shareholders of record on Tuesday, July 29th were given a $0.03 dividend. The ex-dividend date 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.