Celanese Corporation (NYSE:CE) Receives Consensus Rating of "Hold" from Analysts

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.

Shares of Celanese Corporation (NYSE:CE - Get Free Report) have earned a consensus rating of "Hold" from the eighteen brokerages that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $59.9444.

A number of analysts recently issued reports on CE shares. JPMorgan Chase & Co. lowered their price target on Celanese from $47.00 to $40.00 and set a "neutral" rating for the company in a report on Thursday, August 14th. Royal Bank Of Canada lowered their price target on Celanese from $63.00 to $45.00 and set a "sector perform" rating for the company in a report on Thursday, August 14th. Wells Fargo & Company dropped their price objective on shares of Celanese from $72.00 to $60.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 13th. Citigroup increased their price objective on shares of Celanese from $52.00 to $65.00 and gave the company a "neutral" rating in a research note on Thursday, July 10th. Finally, UBS Group dropped their price objective on shares of Celanese from $66.00 to $49.00 and set a "neutral" rating on the stock in a research note on Tuesday, August 12th.

Celanese Stock Down 2.1%

Shares of NYSE CE opened at $44.4470 on Friday. The company has a debt-to-equity ratio of 2.22, a quick ratio of 1.22 and a current ratio of 2.05. The firm has a market capitalization of $4.86 billion, a price-to-earnings ratio of -3.00, a PEG ratio of 1.96 and a beta of 1.10. The stock has a 50 day moving average price of $53.87 and a 200 day moving average price of $53.04. Celanese has a 52-week low of $36.29 and a 52-week high of $142.54.

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

Celanese Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 11th. Stockholders of record on Tuesday, July 29th were paid a dividend of $0.03 per share. 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%.

Hedge Funds Weigh In On Celanese

Hedge funds and other institutional investors have recently modified their holdings of the business. Sequoia Financial Advisors LLC bought a new position in shares of Celanese during the first quarter valued at approximately $292,000. Teacher Retirement System of Texas bought a new position in shares of Celanese during the first quarter valued at approximately $907,000. Mather Group LLC. boosted its stake in shares of Celanese by 127.0% during the first quarter. Mather Group LLC. now owns 622 shares of the basic materials company's stock valued at $35,000 after purchasing an additional 348 shares in the last quarter. Amalgamated Bank boosted its stake in Celanese by 55.1% in the first quarter. Amalgamated Bank now owns 33,508 shares of the basic materials company's stock valued at $1,902,000 after acquiring an additional 11,905 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Celanese by 20.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 42,225 shares of the basic materials company's stock valued at $2,397,000 after acquiring an additional 7,275 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.