Celanese (NYSE:CE) Announces Quarterly Earnings Results

Celanese (NYSE:CE - Get Free Report) released its earnings results on Tuesday. The basic materials company reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.20, Zacks reports. The business had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.36 billion. Celanese had a negative net margin of 14.81% and a positive return on equity of 12.86%. Celanese updated its Q2 2025 guidance to 1.250-1.500 EPS and its Q1 2025 guidance to 0.250-0.500 EPS.

Celanese Stock Down 2.2 %

Shares of NYSE:CE traded down $1.14 during midday trading on Friday, hitting $51.47. 2,944,994 shares of the company's stock were exchanged, compared to its average volume of 2,646,686. Celanese has a 12 month low of $51.24 and a 12 month high of $172.16. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.34 and a quick ratio of 0.76. The stock has a 50 day moving average price of $68.57 and a 200-day moving average price of $97.67. The company has a market cap of $5.63 billion, a PE ratio of -3.70, a price-to-earnings-growth ratio of 1.10 and a beta of 1.17.

Celanese Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, February 25th will be given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.23%. The ex-dividend date is Tuesday, February 25th. Celanese's payout ratio is presently -20.10%.

Analyst Ratings Changes

Several equities analysts recently issued reports on CE shares. Barclays dropped their target price on shares of Celanese from $88.00 to $75.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 5th. Wells Fargo & Company dropped their target price on shares of Celanese from $75.00 to $55.00 and set an "equal weight" rating on the stock in a report on Thursday. Royal Bank of Canada lowered shares of Celanese from an "outperform" rating to a "sector perform" rating and dropped their target price for the company from $84.00 to $56.00 in a report on Thursday. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Celanese from $85.00 to $70.00 and set a "buy" rating for the company in a research note on Thursday. Finally, JPMorgan Chase & Co. decreased their price target on shares of Celanese from $92.00 to $54.00 and set a "neutral" rating for the company in a research note on Thursday. Five research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Celanese presently has an average rating of "Hold" and an average target price of $83.53.

About Celanese

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.