Celanese (NYSE:CE) Trading 8.5% Higher – Time to Buy?

Celanese Corporation (NYSE:CE) was up 8.5% on Wednesday . The stock traded as high as $47.60 and last traded at $47.98. Approximately 1,297,056 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 2,123,220 shares. The stock had previously closed at $44.23.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Citigroup increased their target price on shares of Celanese from $56.00 to $63.00 and gave the stock a “buy” rating in a research report on Thursday, January 15th. Weiss Ratings reissued a “sell (d)” rating on shares of Celanese in a research report on Wednesday, October 8th. Evercore ISI cut their target price on shares of Celanese from $75.00 to $45.00 and set an “in-line” rating on the stock in a research note on Tuesday, November 11th. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $45.00 price target (down from $55.00) on shares of Celanese in a research report on Friday, December 19th. Finally, Royal Bank Of Canada raised their price objective on Celanese from $43.00 to $48.00 and gave the company a “sector perform” rating in a research report on Friday, January 16th. Six investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $53.06.

Celanese Stock Up 8.8%

The company has a market capitalization of $5.27 billion, a price-to-earnings ratio of -1.70 and a beta of 1.12. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 2.66. The firm has a 50 day moving average price of $41.89 and a two-hundred day moving average price of $44.89.

Celanese (NYSE:CE) last issued its quarterly earnings results on Thursday, November 6th. The basic materials company reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.07. Celanese had a positive return on equity of 9.87% and a negative net margin of 31.85%.The firm had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.51 billion. During the same quarter in the prior year, the business posted $2.44 earnings per share. Celanese’s revenue for the quarter was down 8.6% on a year-over-year basis. Celanese has set its Q4 2025 guidance at 0.850-1.000 EPS. As a group, sell-side analysts expect that Celanese Corporation will post 8.79 earnings per share for the current year.

Insider Activity at Celanese

In related news, CFO Chuck Kyrish purchased 5,000 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The stock was acquired at an average price of $41.03 per share, with a total value of $205,150.00. Following the completion of the transaction, the chief financial officer owned 10,914 shares of the company’s stock, valued at $447,801.42. This represents a 84.55% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.26% of the company’s stock.

Institutional Trading of Celanese

Several institutional investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. grew its holdings in Celanese by 7.0% during the 2nd quarter. Blue Trust Inc. now owns 3,089 shares of the basic materials company’s stock worth $171,000 after acquiring an additional 201 shares in the last quarter. Sage Rhino Capital LLC raised its stake in shares of Celanese by 4.5% in the 2nd quarter. Sage Rhino Capital LLC now owns 5,058 shares of the basic materials company’s stock valued at $280,000 after purchasing an additional 220 shares in the last quarter. SBI Securities Co. Ltd. lifted its position in shares of Celanese by 55.4% during the second quarter. SBI Securities Co. Ltd. now owns 623 shares of the basic materials company’s stock worth $34,000 after purchasing an additional 222 shares during the last quarter. Maryland State Retirement & Pension System grew its stake in Celanese by 0.7% in the second quarter. Maryland State Retirement & Pension System now owns 37,252 shares of the basic materials company’s stock worth $2,061,000 after purchasing an additional 245 shares in the last quarter. Finally, Harbour Investments Inc. increased its holdings in Celanese by 27.9% in the second quarter. Harbour Investments Inc. now owns 1,165 shares of the basic materials company’s stock valued at $64,000 after buying an additional 254 shares during the last quarter. 98.87% of the stock is owned by institutional investors and hedge funds.

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.