Celanese (NYSE:CE) Releases Earnings Results, Beats Expectations By $0.07 EPS

Celanese (NYSE:CE) issued its earnings results on Thursday. The basic materials company reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.07, Zacks reports. Celanese had a negative net margin of 16.30% and a positive return on equity of 10.48%. The business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.51 billion. During the same period last year, the business posted $2.44 EPS. Celanese’s revenue was down 8.6% on a year-over-year basis. Celanese updated its Q4 2025 guidance to 0.850-1.000 EPS.

Celanese Trading Up 14.6%

Shares of CE stock traded up $5.28 on Friday, hitting $41.39. The company had a trading volume of 5,374,217 shares, compared to its average volume of 2,617,984. Celanese has a twelve month low of $35.48 and a twelve month high of $89.24. The company has a debt-to-equity ratio of 2.22, a quick ratio of 1.22 and a current ratio of 2.05. The firm has a market cap of $4.53 billion, a P/E ratio of -2.79, a P/E/G ratio of 1.86 and a beta of 1.17. The stock’s 50-day moving average is $42.45 and its two-hundred day moving average is $48.91.

Celanese Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Investors of record on Tuesday, October 28th will be given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, October 28th. Celanese’s dividend payout ratio (DPR) is currently -0.42%.

Insider Buying and Selling

In related news, Director Timothy Go bought 1,039 shares of Celanese stock in a transaction that occurred on Monday, September 8th. The shares were acquired at an average cost of $46.25 per share, for a total transaction of $48,053.75. Following the completion of the acquisition, the director directly owned 4,415 shares of the company’s stock, valued at approximately $204,193.75. The trade was a 30.78% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 0.33% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp boosted its stake in shares of Celanese by 3.2% in the 2nd quarter. State Street Corp now owns 3,828,747 shares of the basic materials company’s stock valued at $211,845,000 after purchasing an additional 120,208 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Celanese by 103.7% in the 2nd quarter. Bank of America Corp DE now owns 1,645,689 shares of the basic materials company’s stock valued at $91,056,000 after purchasing an additional 837,944 shares during the period. BNP Paribas Financial Markets boosted its position in shares of Celanese by 142.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 956,650 shares of the basic materials company’s stock valued at $52,931,000 after purchasing an additional 562,615 shares in the last quarter. Balyasny Asset Management L.P. grew its stake in Celanese by 53.4% during the second quarter. Balyasny Asset Management L.P. now owns 884,373 shares of the basic materials company’s stock worth $48,932,000 after purchasing an additional 307,780 shares during the period. Finally, Man Group plc bought a new stake in Celanese in the second quarter worth approximately $30,557,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CE. Robert W. Baird decreased their price target on shares of Celanese from $67.00 to $50.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 13th. Zacks Research downgraded Celanese from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 14th. Alembic Global Advisors set a $60.00 target price on Celanese in a research note on Monday, August 25th. Wells Fargo & Company reduced their price target on Celanese from $60.00 to $57.00 and set an “overweight” rating for the company in a research note on Tuesday, September 30th. Finally, Mizuho upped their price objective on Celanese from $50.00 to $59.00 and gave the company a “neutral” rating in a report on Tuesday, July 15th. Seven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Celanese presently has a consensus rating of “Hold” and an average price target of $56.11.

Celanese Company Profile

Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics.