Celanese Corporation (NYSE:CE) Given Average Rating of “Hold” by Brokerages

Shares of Celanese Corporation (NYSE:CE) have been assigned a consensus recommendation of “Hold” from the seventeen research firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $63.7143.

CE has been the subject of several recent analyst reports. Wall Street Zen downgraded Celanese from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Royal Bank Of Canada boosted their target price on shares of Celanese from $66.00 to $68.00 and gave the stock a “sector perform” rating in a report on Monday, May 11th. BMO Capital Markets cut their price target 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. Weiss Ratings reissued a “sell (d-)” rating on shares of Celanese in a research report on Friday, August 21st. Finally, Bank of America lowered their price objective on shares of Celanese from $72.00 to $63.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th.

Insiders Place Their Bets

In other Celanese news, SVP Mark Murray purchased 2,153 shares of the stock in a transaction on Tuesday, August 11th. The shares were purchased at an average price of $45.52 per share, with a total value of $98,004.56. Following the completion of the transaction, the senior vice president directly owned 30,432 shares in the company, valued at $1,385,264.64. This represents a 7.61% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.34% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CE. Geneos Wealth Management Inc. lifted its holdings in Celanese by 111.1% during 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. National Bank of Canada FI acquired a new position in shares of Celanese in the third quarter valued at $34,000. Smartleaf Asset Management LLC raised its position in shares of Celanese by 100.0% in the second quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock valued at $38,000 after purchasing an additional 331 shares during the period. UMB Bank n.a. raised its position in shares of Celanese by 175.7% in the fourth quarter. UMB Bank n.a. now owns 896 shares of the basic materials company’s stock valued at $38,000 after purchasing an additional 571 shares during the period. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Celanese during the 4th quarter worth about $41,000. 98.87% of the stock is owned by institutional investors and hedge funds.

Celanese Price Performance

NYSE:CE opened at $44.81 on Tuesday. Celanese has a 52-week low of $35.13 and a 52-week high of $70.70. The company has a market cap of $4.92 billion, a P/E ratio of -4.19, a P/E/G ratio of 0.29 and a beta of 0.76. The company has a debt-to-equity ratio of 2.33, a quick ratio of 0.87 and a current ratio of 1.45. The stock’s 50-day simple moving average is $45.62 and its 200 day simple moving average is $53.01.

Celanese (NYSE:CE) last issued its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.23 by $0.22. The firm had revenue of $2.75 billion during the quarter, compared to analysts’ expectations of $2.75 billion. Celanese had a positive return on equity of 13.04% and a negative net margin of 12.04%.The business’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.44 earnings per share. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. As a group, sell-side analysts forecast that Celanese will post 5.99 EPS for the current fiscal year.

Celanese Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, July 28th were issued a dividend of $0.03 per share. The ex-dividend date was Tuesday, July 28th. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. Celanese’s dividend payout ratio (DPR) is presently -1.12%.

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.