Zacks Research Has Bearish Forecast for Celanese Q1 Earnings

Celanese Co. (NYSE:CE - Free Report) - Investment analysts at Zacks Research lowered their Q1 2025 EPS estimates for shares of Celanese in a research note issued on Monday, March 10th. Zacks Research analyst R. Department now expects that the basic materials company will earn $0.46 per share for the quarter, down from their previous forecast of $2.14. The consensus estimate for Celanese's current full-year earnings is $8.79 per share. Zacks Research also issued estimates for Celanese's Q2 2025 earnings at $1.48 EPS, Q3 2025 earnings at $1.86 EPS, Q4 2025 earnings at $1.54 EPS, FY2025 earnings at $5.34 EPS, Q1 2026 earnings at $1.42 EPS, Q2 2026 earnings at $2.13 EPS, Q3 2026 earnings at $2.29 EPS, Q4 2026 earnings at $1.54 EPS and FY2026 earnings at $7.39 EPS.

A number of other research firms have also issued reports on CE. StockNews.com lowered shares of Celanese from a "hold" rating to a "sell" rating in a report on Thursday, February 20th. Barclays reduced their target price on shares of Celanese from $75.00 to $59.00 and set an "equal weight" rating on the stock in a report on Monday, February 24th. Bank of America reduced their target price on shares of Celanese from $88.00 to $72.00 and set a "buy" rating on the stock in a report on Monday, February 24th. Wells Fargo & Company reduced 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, February 20th. Finally, BMO Capital Markets reduced their target price on shares of Celanese from $73.00 to $46.00 and set an "underperform" rating on the stock in a report on Thursday, February 20th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $72.18.

Remove Ads

Celanese Trading Up 1.7 %

Shares of CE stock traded up $0.95 during trading hours on Thursday, hitting $58.00. The company had a trading volume of 2,717,705 shares, compared to its average volume of 1,587,911. The company's fifty day moving average is $63.63 and its 200 day moving average is $88.74. 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 fifty-two week low of $45.94 and a fifty-two week high of $172.16. The stock has a market capitalization of $6.34 billion, a PE ratio of -4.16, a price-to-earnings-growth ratio of 1.05 and a beta of 1.23.

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 the consensus estimate 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 firm had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.36 billion.

Institutional Investors Weigh In On Celanese

Hedge funds and other institutional investors have recently bought and sold shares of the stock. State Street Corp raised its stake in Celanese by 3.1% during the 3rd quarter. State Street Corp now owns 4,500,813 shares of the basic materials company's stock worth $611,931,000 after acquiring an additional 136,994 shares in the last quarter. KBC Group NV raised its stake in Celanese by 155.5% during the 3rd quarter. KBC Group NV now owns 213,657 shares of the basic materials company's stock worth $29,049,000 after acquiring an additional 130,037 shares in the last quarter. Zacks Investment Management raised its stake in Celanese by 6.5% during the 3rd quarter. Zacks Investment Management now owns 160,443 shares of the basic materials company's stock worth $21,814,000 after acquiring an additional 9,782 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake 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 worth $134,723,000 after acquiring an additional 69,606 shares in the last quarter. Finally, Sanctuary Advisors LLC raised its stake in Celanese by 5.1% during the 4th quarter. Sanctuary Advisors LLC now owns 7,213 shares of the basic materials company's stock worth $521,000 after acquiring an additional 351 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Celanese Cuts Dividend

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

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.