Celanese (CE) Projected to Post Earnings on Monday

Celanese (NYSE:CE - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Monday, May 5th. Analysts expect Celanese to post earnings of $0.40 per share and revenue of $2.26 billion for the quarter. Celanese has set its Q2 2025 guidance at 1.250-1.500 EPS and its Q1 2025 guidance at 0.250-0.500 EPS.

Celanese (NYSE:CE - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The basic materials company reported $1.45 EPS for the quarter, topping analysts' consensus estimates of $1.25 by $0.20. Celanese had a negative net margin of 14.81% and a positive return on equity of 12.86%. The business had revenue of $2.37 billion during the quarter, compared to analysts' expectations of $2.36 billion. On average, analysts expect Celanese to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Celanese Stock Performance

Shares of NYSE:CE opened at $43.56 on Monday. Celanese has a 52 week low of $36.29 and a 52 week high of $169.50. The company has a quick ratio of 0.76, a current ratio of 1.34 and a debt-to-equity ratio of 1.98. The firm has a fifty day simple moving average of $49.50 and a two-hundred day simple moving average of $70.81. The stock has a market capitalization of $4.76 billion, a P/E ratio of -3.13, a PEG ratio of 1.05 and a beta of 1.08.

Celanese Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, May 12th. Investors of record on Monday, April 28th will be paid a dividend of $0.03 per share. The ex-dividend date is Monday, April 28th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.28%. Celanese's dividend payout ratio is presently -0.86%.

Wall Street Analyst Weigh In

CE has been the subject of a number of recent analyst reports. UBS Group dropped their price target on shares of Celanese from $60.00 to $46.00 and set a "neutral" rating for the company in a research note on Monday, April 7th. Deutsche Bank Aktiengesellschaft lifted their price target on Celanese from $70.00 to $75.00 and gave the company a "buy" rating in a report on Thursday, March 27th. Piper Sandler reissued an "underweight" rating and issued a $48.00 price objective (down previously from $50.00) on shares of Celanese in a research report on Monday, April 7th. StockNews.com cut Celanese from a "hold" rating to a "sell" rating in a research report on Thursday, February 20th. Finally, Vertical Research raised Celanese from a "sell" rating to a "hold" rating and set a $66.00 price target for the company in a research report on Thursday, March 6th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Celanese presently has a consensus rating of "Hold" and a consensus target price of $61.33.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.