FY2026 Earnings Estimate for Celanese Issued By KeyCorp

Celanese Co. (NYSE:CE - Free Report) - Equities researchers at KeyCorp issued their FY2026 earnings per share estimates for shares of Celanese in a report issued on Thursday, March 20th. KeyCorp analyst A. Yefremov expects that the basic materials company will earn $7.61 per share for the year. KeyCorp has a "Overweight" rating and a $76.00 price target on the stock. The consensus estimate for Celanese's current full-year earnings is $8.79 per share.

Other equities analysts have also issued reports about the stock. Royal Bank of Canada lowered shares of Celanese from an "outperform" rating to a "sector perform" rating and decreased their price objective for the stock from $84.00 to $56.00 in a report on Thursday, February 20th. Robert W. Baird decreased their price target on Celanese from $110.00 to $67.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Deutsche Bank Aktiengesellschaft increased their price objective on Celanese from $70.00 to $75.00 and gave the company a "buy" rating in a research report on Thursday. StockNews.com lowered Celanese from a "hold" rating to a "sell" rating in a research report on Thursday, February 20th. Finally, UBS Group dropped their price target on shares of Celanese from $72.00 to $60.00 and set a "neutral" rating on the stock in a report on Thursday, February 20th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $66.94.

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Celanese Stock Down 1.4 %

NYSE:CE traded down $0.86 during mid-day trading on Monday, hitting $58.30. 2,687,974 shares of the company's stock were exchanged, compared to its average volume of 1,734,514. The company has a market cap of $6.37 billion, a PE ratio of -4.19, a P/E/G ratio of 1.05 and a beta of 1.23. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.34 and a quick ratio of 0.76. Celanese has a one year low of $45.94 and a one year high of $172.16. The business has a fifty day moving average price of $62.45 and a 200 day moving average price of $85.39.

Celanese (NYSE:CE - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The basic materials company reported $1.45 EPS for the quarter, topping the consensus estimate of $1.25 by $0.20. The firm had revenue of $2.37 billion for 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%.

Celanese Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Tuesday, February 25th were given a dividend of $0.03 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.21%. Celanese's dividend payout ratio is currently -0.86%.

Hedge Funds Weigh In On Celanese

A number of institutional investors and hedge funds have recently made changes to their positions in CE. Mutual of America Capital Management LLC lifted its holdings in shares of Celanese by 6.2% in the 3rd quarter. Mutual of America Capital Management LLC now owns 13,436 shares of the basic materials company's stock valued at $1,827,000 after acquiring an additional 780 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Celanese in the 3rd quarter valued at approximately $397,000. Commerce Bank boosted its holdings in shares of Celanese by 45.0% in the 3rd quarter. Commerce Bank now owns 14,661 shares of the basic materials company's stock worth $1,993,000 after purchasing an additional 4,552 shares during the period. Advisors Asset Management Inc. increased its position in shares of Celanese by 10.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 9,654 shares of the basic materials company's stock valued at $1,313,000 after purchasing an additional 927 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in Celanese by 7.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 990,901 shares of the basic materials company's stock valued at $134,723,000 after buying an additional 69,606 shares during the period. 98.87% of the stock is owned by hedge funds and other institutional investors.

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.