Brokerages Set Celanese Corporation (NYSE:CE) PT at $57.22

Key Points

• Celanese Corporation has received a consensus recommendation of "Hold" from analysts, with two sell ratings, eleven hold ratings, and six buy ratings issued.
• The company's latest quarterly earnings report showed an EPS of $1.44, beating estimates, although revenues for the quarter were down 4.5% year-over-year.
• Recent insider trading activity includes a purchase by Director Timothy Go, who increased his holdings in Celanese by 30.78% with the acquisition of over 1,000 shares.

Shares of Celanese Corporation (NYSE:CE - Get Free Report) have received a consensus recommendation of "Hold" from the nineteen analysts that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $57.2222.

Several equities analysts have weighed in on CE shares. Wells Fargo & Company decreased their target price on shares of Celanese from $72.00 to $60.00 and set an "overweight" rating on the stock in a report on Wednesday, August 13th. JPMorgan Chase & Co. decreased their price objective on shares of Celanese from $47.00 to $40.00 and set a "neutral" rating on the stock in a report on Thursday, August 14th. Jefferies Financial Group decreased their price objective on shares of Celanese from $47.00 to $43.00 and set a "hold" rating on the stock in a report on Monday, September 8th. BMO Capital Markets decreased their price objective on shares of Celanese from $55.00 to $47.00 and set a "market perform" rating on the stock in a report on Thursday, August 14th. Finally, Royal Bank Of Canada decreased their price objective on shares of Celanese from $63.00 to $45.00 and set a "sector perform" rating on the stock in a report on Thursday, August 14th.

Celanese Trading Down 2.5%

NYSE:CE traded down $1.14 on Tuesday, hitting $44.34. The stock had a trading volume of 2,567,449 shares, compared to its average volume of 1,813,570. 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 has a market cap of $4.86 billion, a price-to-earnings ratio of -2.99, a PEG ratio of 2.06 and a beta of 1.11. The company has a fifty day moving average price of $49.18 and a two-hundred day moving average price of $51.00. Celanese has a 1-year low of $36.29 and a 1-year high of $142.54.

Celanese (NYSE:CE - Get Free Report) last posted 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. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.50 billion. Celanese had a negative net margin of 16.30% and a positive return on equity of 10.48%. Celanese's revenue was down 4.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.38 EPS. Celanese has set its Q3 2025 guidance at 1.100-1.400 EPS. Equities research analysts expect that Celanese will post 8.79 earnings per share for the current fiscal year.

Celanese Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 11th. Shareholders of record on Tuesday, July 29th were issued 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 yield of 0.3%. Celanese's dividend payout ratio is -0.81%.

Insider Transactions at Celanese

In other Celanese news, Director Timothy Go bought 1,039 shares of Celanese stock in a transaction on Monday, September 8th. The shares were bought at an average cost of $46.25 per share, for a total transaction of $48,053.75. Following the acquisition, the director directly owned 4,415 shares in the company, valued at $204,193.75. This represents a 30.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.33% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Celanese

Large investors have recently modified their holdings of the company. Strengthening Families & Communities LLC increased its position in shares of Celanese by 73.2% in the 1st quarter. Strengthening Families & Communities LLC now owns 440 shares of the basic materials company's stock valued at $25,000 after purchasing an additional 186 shares during the last quarter. State of Wyoming increased its position in shares of Celanese by 122.5% in the 4th quarter. State of Wyoming now owns 485 shares of the basic materials company's stock valued at $34,000 after purchasing an additional 267 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of Celanese by 111.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company's stock valued at $28,000 after purchasing an additional 270 shares during the last quarter. Summit Securities Group LLC purchased a new stake in shares of Celanese in the 1st quarter valued at approximately $30,000. Finally, Mather Group LLC. grew its position in shares of Celanese by 127.0% in the 1st quarter. Mather Group LLC. now owns 622 shares of the basic materials company's stock valued at $35,000 after buying an additional 348 shares during the last quarter. 98.87% of the stock is owned by hedge funds and other institutional investors.

About Celanese

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.