Celanese (NYSE:CE - Get Free Report) updated its second quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.250-1.500 for the period. The company issued revenue guidance of -. Celanese also updated its Q1 2025 guidance to 0.250-0.500 EPS.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on CE. Royal Bank of Canada downgraded Celanese from an "outperform" rating to a "sector perform" rating and lowered their price target for the company from $84.00 to $56.00 in a report on Thursday. Piper Sandler lowered their price target on Celanese from $98.00 to $77.00 and set an "underweight" rating on the stock in a report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft lowered their price target on Celanese from $85.00 to $70.00 and set a "buy" rating on the stock in a report on Thursday. Morgan Stanley lowered their price target on Celanese from $100.00 to $80.00 and set an "equal weight" rating on the stock in a report on Monday, January 13th. Finally, Citigroup upgraded Celanese to a "neutral" rating and lifted their price target for the company from $73.00 to $76.00 in a report on Thursday, January 23rd. Five analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $83.53.
Read Our Latest Analysis on CE
Celanese Stock Up 0.3 %
Shares of CE traded up $0.14 during trading hours on Friday, hitting $52.75. 5,328,541 shares of the company were exchanged, compared to its average volume of 2,719,022. The company has a market cap of $5.77 billion, a PE ratio of -3.79, a PEG ratio of 1.10 and a beta of 1.17. The firm's 50 day moving average is $68.25 and its 200-day moving average is $97.16. Celanese has a 52 week low of $51.24 and a 52 week high of $172.16. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.76 and a current ratio of 1.34.
Celanese (NYSE:CE - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The basic materials company reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.20. The company had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.36 billion. Celanese had a positive return on equity of 12.86% and a negative net margin of 14.81%. On average, equities research analysts forecast that Celanese will post 8.79 EPS for the current fiscal year.
Celanese Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, February 25th will be given a dividend of $0.03 per share. The ex-dividend date is Tuesday, February 25th. This represents a $0.12 annualized dividend and a dividend yield of 0.23%. Celanese's dividend payout ratio is presently -20.10%.
About Celanese
(
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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.
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