Celanese Corporation (NYSE:CE) Receives $63.71 Average Price Target from Brokerages

Celanese Corporation (NYSE:CE) has received a consensus rating of “Hold” from the seventeen research firms that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $63.7143.

Several brokerages have recently issued reports on CE. Mizuho set a $50.00 target price on shares of Celanese in a report on Wednesday, August 5th. Royal Bank Of Canada upped their price objective on shares of Celanese from $66.00 to $68.00 and gave the company a “sector perform” rating in a research note on Monday, May 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Celanese in a report on Friday, August 21st. Bank of America cut their price objective on Celanese from $72.00 to $63.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. Finally, BMO Capital Markets reduced their target price on Celanese from $57.00 to $54.00 and set a “market perform” rating on the stock in a research note on Wednesday, August 5th.

Celanese Stock Performance

Celanese stock opened at $44.81 on Tuesday. The firm has a fifty day simple moving average of $45.65 and a two-hundred day simple moving average of $53.12. The company has a quick ratio of 0.87, a current ratio of 1.45 and a debt-to-equity ratio of 2.33. Celanese has a twelve month low of $35.13 and a twelve month high of $70.70. The company has a market capitalization of $4.92 billion, a PE ratio of -4.19, a P/E/G ratio of 0.29 and a beta of 0.76.

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

Celanese Announces Dividend

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

Insider Transactions at Celanese

In related news, SVP Mark Murray purchased 2,153 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average cost of $45.52 per share, with a total value of $98,004.56. Following the completion of the purchase, the senior vice president directly owned 30,432 shares in the company, 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 document filed with the SEC, which is available at this hyperlink. Insiders own 0.34% of the company’s stock.

Institutional Trading of Celanese

Several large investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Celanese by 41.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,450 shares of the basic materials company’s stock valued at $1,842,000 after buying an additional 9,543 shares during the period. NewEdge Advisors LLC increased its stake in shares of Celanese by 265.2% in the 1st quarter. NewEdge Advisors LLC now owns 5,032 shares of the basic materials company’s stock worth $286,000 after acquiring an additional 3,654 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Celanese by 144.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,276 shares of the basic materials company’s stock worth $71,000 after acquiring an additional 755 shares in the last quarter. Baird Financial Group Inc. lifted its position in Celanese by 42.1% during the 2nd quarter. Baird Financial Group Inc. now owns 7,768 shares of the basic materials company’s stock valued at $430,000 after acquiring an additional 2,303 shares during the period. Finally, California Public Employees Retirement System lifted its position in Celanese by 6.5% during the 2nd quarter. California Public Employees Retirement System now owns 184,980 shares of the basic materials company’s stock valued at $10,235,000 after acquiring an additional 11,347 shares during the period. 98.87% of the stock is 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.