Celanese Corporation (NYSE:CE) Receives $67.81 Average Price Target from Brokerages

Celanese Corporation (NYSE:CE) has earned a consensus recommendation of “Moderate Buy” from the eighteen analysts that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $67.0625.

Several equities research analysts recently weighed in on the stock. Robert W. Baird raised their price target on shares of Celanese from $65.00 to $75.00 and gave the company an “outperform” rating in a research report on Friday, March 27th. Morgan Stanley raised their price target on shares of Celanese from $50.00 to $72.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. Bank of America raised their price target on shares of Celanese from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Wells Fargo & Company raised their price target on shares of Celanese from $75.00 to $80.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. Finally, Zacks Research raised shares of Celanese from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 21st.

Institutional Investors Weigh In On Celanese

Several institutional investors and hedge funds have recently added to or reduced their stakes in CE. Geneos Wealth Management Inc. boosted its holdings in Celanese by 111.1% in 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 last quarter. National Bank of Canada FI purchased a new stake in Celanese in the third quarter worth approximately $34,000. Hartford Financial Management Inc. boosted its holdings in Celanese by 350.5% in the fourth quarter. Hartford Financial Management Inc. now owns 901 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 701 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in Celanese by 100.0% in 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 last quarter. Finally, UMB Bank n.a. boosted its holdings in Celanese by 175.7% in the fourth quarter. UMB Bank n.a. now owns 896 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 571 shares during the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Celanese Price Performance

Shares of NYSE CE opened at $48.07 on Thursday. Celanese has a fifty-two week low of $35.13 and a fifty-two week high of $70.70. The company has a 50 day simple moving average of $57.05 and a two-hundred day simple moving average of $53.26. The company has a market capitalization of $5.27 billion, a price-to-earnings ratio of -4.80, a P/E/G ratio of 0.29 and a beta of 0.73. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.85 and a current ratio of 1.38.

Celanese (NYSE:CE) last announced its earnings results on Tuesday, May 5th. The basic materials company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.03). The business had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. Celanese had a negative net margin of 11.54% and a positive return on equity of 9.92%. Celanese’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.57 EPS. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. Analysts expect that Celanese will post 5.8 EPS for the current fiscal year.

Celanese Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, April 27th were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Monday, April 27th. This represents a $0.12 annualized dividend and a dividend yield of 0.2%. Celanese’s dividend payout ratio (DPR) is -1.20%.

About Celanese

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.