Celanese (NYSE:CE – Get Free Report) had its target price hoisted by stock analysts at JPMorgan Chase & Co. from $76.00 to $77.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage currently has an “overweight” rating on the basic materials company’s stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 55.32% from the stock’s previous close.
Several other equities research analysts have also recently weighed in on CE. BMO Capital Markets reduced their target price on shares of Celanese from $57.00 to $54.00 and set a “market perform” rating for the company in a research note on Wednesday, August 5th. Mizuho set a $50.00 price target on shares of Celanese in a research note on Wednesday, August 5th. Citigroup dropped their target price on shares of Celanese from $60.00 to $58.00 and set a “buy” rating for the company in a research report on Wednesday, September 30th. Wells Fargo & Company reduced their price objective on Celanese from $80.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Celanese in a report on Friday, August 21st. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $61.44.
Celanese Stock Down 1.6%
Shares of NYSE:CE traded down $0.78 during midday trading on Wednesday, hitting $49.58. 894,918 shares of the stock were exchanged, compared to its average volume of 2,067,894. The company has a debt-to-equity ratio of 2.33, a quick ratio of 0.87 and a current ratio of 1.45. Celanese has a 52-week low of $35.13 and a 52-week high of $70.70. The business’s fifty day simple moving average is $46.17 and its two-hundred day simple moving average is $51.42. The company has a market capitalization of $5.44 billion, a PE ratio of 20.92, a P/E/G ratio of 0.34 and a beta of 0.72.
Celanese (NYSE:CE – Get Free Report) last posted its earnings results on Monday, November 2nd. The basic materials company reported $1.65 EPS for the quarter, topping the consensus estimate of $1.56 by $0.09. Celanese had a net margin of 2.66% and a return on equity of 13.72%. The company had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same period in the previous year, the firm posted $1.34 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. As a group, research analysts predict that Celanese will post 6.00 earnings per share for the current fiscal year.
Insider Transactions at Celanese
In other Celanese news, SVP Mark Murray acquired 2,153 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were purchased at an average price of $45.52 per share, for a total transaction of $98,004.56. Following the completion of the purchase, the senior vice president directly owned 30,432 shares of the company’s stock, valued at approximately $1,385,264.64. This represents a 7.61% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.34% of the company’s stock.
Institutional Investors Weigh In On Celanese
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Provenance Wealth Advisors LLC acquired a new position in Celanese during the third quarter worth about $26,000. Fortitude Family Office LLC boosted its holdings in Celanese by 757.7% in the third quarter. Fortitude Family Office LLC now owns 669 shares of the basic materials company’s stock valued at $30,000 after acquiring an additional 591 shares during the last quarter. Mather Group LLC. increased its position in shares of Celanese by 6,975.0% during the third quarter. Mather Group LLC. now owns 849 shares of the basic materials company’s stock worth $38,000 after buying an additional 837 shares during the period. Global Retirement Partners LLC acquired a new stake in Celanese during the 2nd quarter worth about $47,000. Finally, Allworth Financial LP bought a new position in shares of Celanese during the 2nd quarter worth approximately $52,000. 98.87% of the stock is currently owned by institutional investors and hedge funds.
Celanese News Roundup
Here are the key news stories impacting Celanese this week:
- Positive Sentiment: Celanese reported adjusted third-quarter earnings of $1.65 per share, above analyst expectations, and raised its 2026 adjusted EPS guidance to $6.00–$6.25 from a consensus estimate of $6.00. Strong pricing and commercial execution supported the results. Celanese Q3 Earnings Beat Estimates on Pricing Strength, Sales Miss
- Positive Sentiment: Management outlined a target of $700 million–$800 million in 2027 free cash flow, citing expected cost and interest savings. Better cash generation could support debt reduction and strengthen the balance sheet. Celanese targets 2027 free cash flow
- Positive Sentiment: Celanese and Röchling Industrial are working to expand lower-carbon POM applications using captured CO?, potentially broadening sustainable-material opportunities. Celanese partners with Röchling
- Neutral Sentiment: Barclays raised its price target to $57 from $49 but maintained an “equal weight” rating, signaling a higher valuation view without a more bullish rating.
- Negative Sentiment: Quarterly revenue of $2.56 billion fell short of the $2.62 billion consensus. The sales miss, alongside reported investor questions about cash flow, may temper enthusiasm despite the earnings beat and higher guidance. Celanese Stock Earnings Beat Raises The Cash Flow Question
About Celanese
Celanese Corporation (NYSE: CE) is a global chemical and specialty materials company headquartered in Irving, Texas. The company develops and manufactures engineered materials and chemical products used by manufacturers in industries including automotive, consumer goods, medical and healthcare, electronics, industrial equipment, energy and infrastructure.
Celanese operates primarily through its Engineered Materials and Acetyl Chain businesses. Its portfolio includes engineered polymers, thermoplastic compounds and other specialty materials, as well as acetyl products such as acetic acid, vinyl acetate monomer, emulsions and related intermediates.
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