Celanese (NYSE:CE) Reaches New 1-Year High – What’s Next?

Shares of Celanese Corporation (NYSE:CE) reached a new 52-week high on Friday . The stock traded as high as $69.61 and last traded at $67.9860, with a volume of 112506 shares traded. The stock had previously closed at $67.76.

Wall Street Analyst Weigh In

CE has been the topic of several research analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Celanese in a research report on Wednesday, January 21st. Evercore set a $63.00 price objective on shares of Celanese in a research report on Wednesday, February 18th. Citigroup increased their price target on shares of Celanese from $81.00 to $84.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Tudor Pickering upgraded shares of Celanese from a “hold” rating to a “buy” rating in a research report on Monday, March 9th. Finally, Jefferies Financial Group upgraded shares of Celanese from a “hold” rating to a “buy” rating and set a $86.00 price target on the stock in a research report on Thursday, February 5th. Nine analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $64.71.

Celanese Stock Performance

The stock has a market cap of $7.54 billion, a PE ratio of -6.50, a price-to-earnings-growth ratio of 0.43 and a beta of 0.85. The company has a debt-to-equity ratio of 2.55, a current ratio of 1.55 and a quick ratio of 0.94. The business has a 50 day moving average price of $59.75 and a two-hundred day moving average price of $49.36.

Celanese (NYSE:CE) last announced its quarterly earnings results on Tuesday, February 17th. The basic materials company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.22). Celanese had a positive return on equity of 8.75% and a negative net margin of 12.15%.The business had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.25 billion. During the same period in the previous year, the business earned $1.45 EPS. The business’s revenue was down 6.5% compared to the same quarter last year. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. As a group, equities research analysts forecast that Celanese Corporation will post 5.16 EPS for the current fiscal year.

Celanese Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Monday, April 27th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Monday, April 27th. This represents a $0.12 annualized dividend and a yield of 0.2%. Celanese’s dividend payout ratio (DPR) is currently -1.13%.

Hedge Funds Weigh In On Celanese

Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in shares of Celanese by 12.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 259,196 shares of the basic materials company’s stock valued at $10,907,000 after purchasing an additional 29,392 shares during the period. Great Lakes Advisors LLC bought a new stake in shares of Celanese during the 3rd quarter valued at about $3,171,000. AMG National Trust Bank grew its stake in shares of Celanese by 270.1% during the 3rd quarter. AMG National Trust Bank now owns 70,322 shares of the basic materials company’s stock valued at $2,959,000 after purchasing an additional 51,322 shares during the period. Fox Run Management L.L.C. grew its stake in shares of Celanese by 406.9% during the 3rd quarter. Fox Run Management L.L.C. now owns 42,175 shares of the basic materials company’s stock valued at $1,775,000 after purchasing an additional 33,854 shares during the period. Finally, Russell Investments Group Ltd. grew its stake in shares of Celanese by 21.5% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,214,487 shares of the basic materials company’s stock valued at $51,104,000 after purchasing an additional 214,632 shares during the period. 98.87% of the stock is currently owned by institutional investors.

Celanese Company Profile

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.