Celanese (NYSE:CE) Price Target Raised to $58.00

Celanese (NYSE:CE) had its target price increased by Mizuho from $55.00 to $58.00 in a research report released on Tuesday,Benzinga reports. The firm currently has a neutral rating on the basic materials company’s stock.

CE has been the topic of a number of other reports. JPMorgan Chase & Co. lifted their target price on Celanese from $40.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Citigroup upped their target price on Celanese from $75.00 to $81.00 and gave the company a “buy” rating in a report on Thursday, March 12th. Jefferies Financial Group upgraded Celanese from a “hold” rating to a “buy” rating and set a $86.00 price target for the company in a research report on Thursday, February 5th. Tudor Pickering raised Celanese from a “hold” rating to a “buy” rating in a research note on Monday, March 9th. Finally, Robert W. Baird boosted their price objective on Celanese from $65.00 to $75.00 and gave the stock an “outperform” rating in a report on Friday, March 27th. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $61.39.

Celanese Stock Performance

CE stock opened at $64.13 on Tuesday. Celanese has a 1 year low of $35.13 and a 1 year high of $67.82. The stock has a market capitalization of $7.03 billion, a price-to-earnings ratio of -6.05, a PEG ratio of 0.47 and a beta of 0.85. The company has a debt-to-equity ratio of 2.55, a quick ratio of 0.94 and a current ratio of 1.55. The stock’s fifty day moving average is $54.76 and its two-hundred day moving average is $46.34.

Celanese (NYSE:CE) last released its quarterly earnings results on Tuesday, February 17th. The basic materials company reported $0.67 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.22). The firm had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.25 billion. Celanese had a positive return on equity of 8.75% and a negative net margin of 12.15%.The firm’s revenue was down 6.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.45 EPS. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. On average, research analysts predict that Celanese will post 8.79 EPS for the current year.

Celanese Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th were paid a $0.03 dividend. The ex-dividend date was Tuesday, February 24th. This represents a $0.12 dividend on an annualized basis and a yield of 0.2%. Celanese’s payout ratio is -1.13%.

Institutional Investors Weigh In On Celanese

Hedge funds and other institutional investors have recently made changes to their positions in the company. Hsbc Holdings PLC lifted its holdings in shares of Celanese by 208.3% during the 4th quarter. Hsbc Holdings PLC now owns 105,435 shares of the basic materials company’s stock valued at $4,460,000 after buying an additional 71,238 shares during the last quarter. Corient Private Wealth LLC increased its holdings in Celanese by 154.3% in the fourth quarter. Corient Private Wealth LLC now owns 31,793 shares of the basic materials company’s stock worth $1,344,000 after buying an additional 19,289 shares during the last quarter. Invesco Ltd. raised its position in Celanese by 1.2% during the fourth quarter. Invesco Ltd. now owns 540,452 shares of the basic materials company’s stock valued at $22,850,000 after acquiring an additional 6,390 shares in the last quarter. Alberta Investment Management Corp bought a new position in Celanese during the fourth quarter valued at approximately $1,501,000. Finally, State of Tennessee Department of Treasury lifted its stake in Celanese by 0.7% in the fourth quarter. State of Tennessee Department of Treasury now owns 42,083 shares of the basic materials company’s stock valued at $1,870,000 after acquiring an additional 313 shares during the last quarter. 98.87% of the stock is owned by hedge funds and other institutional investors.

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.