Zacks Research Issues Negative Outlook for Celanese Earnings

Celanese Co. (NYSE:CE - Free Report) - Research analysts at Zacks Research decreased their Q1 2025 EPS estimates for shares of Celanese in a research note issued on Tuesday, April 15th. Zacks Research analyst R. Department now expects that the basic materials company will post earnings per share of $0.26 for the quarter, down from their previous forecast of $0.46. The consensus estimate for Celanese's current full-year earnings is $8.79 per share. Zacks Research also issued estimates for Celanese's Q3 2026 earnings at $2.36 EPS.

CE has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft lifted their target price on Celanese from $70.00 to $75.00 and gave the stock a "buy" rating in a research note on Thursday, March 27th. JPMorgan Chase & Co. cut their price objective on shares of Celanese from $92.00 to $54.00 and set a "neutral" rating for the company in a report on Thursday, February 20th. Barclays lowered 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. Evercore ISI lowered their target price on shares of Celanese from $85.00 to $75.00 and set an "in-line" rating on the stock in a research note on Monday, March 24th. Finally, Bank of America decreased their price objective on Celanese from $88.00 to $72.00 and set a "buy" rating on the stock in a report on Monday, February 24th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $61.33.

Celanese Stock Up 4.8 %

CE traded up $1.88 during mid-day trading on Thursday, reaching $41.19. 737,485 shares of the stock were exchanged, compared to its average volume of 3,491,770. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.76 and a current ratio of 1.34. The company has a 50 day moving average price of $51.52 and a two-hundred day moving average price of $73.34. Celanese has a 1 year low of $36.29 and a 1 year high of $169.49. The stock has a market capitalization of $4.50 billion, a PE ratio of -2.96, a price-to-earnings-growth ratio of 1.05 and a beta of 1.08.

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, beating the consensus estimate of $1.25 by $0.20. Celanese had a positive return on equity of 12.86% and a negative net margin of 14.81%. The firm had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.36 billion.

Celanese Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, May 12th. Shareholders of record on Monday, April 28th will be issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.29%. The ex-dividend date of this dividend is Monday, April 28th. Celanese's dividend payout ratio is currently -0.86%.

Institutional Investors Weigh In On Celanese

A number of large investors have recently modified their holdings of CE. Altshuler Shaham Ltd purchased a new position in Celanese during the 4th quarter worth approximately $25,000. UMB Bank n.a. boosted its holdings in Celanese by 103.7% in the fourth quarter. UMB Bank n.a. now owns 381 shares of the basic materials company's stock valued at $26,000 after purchasing an additional 194 shares during the last quarter. State of Wyoming raised its stake in shares of Celanese by 122.5% during the 4th quarter. State of Wyoming now owns 485 shares of the basic materials company's stock valued at $34,000 after buying an additional 267 shares during the last quarter. CKW Financial Group lifted its holdings in shares of Celanese by 52.9% in the 4th quarter. CKW Financial Group now owns 535 shares of the basic materials company's stock valued at $37,000 after buying an additional 185 shares during the period. Finally, LRI Investments LLC raised its position in Celanese by 739.1% during the fourth quarter. LRI Investments LLC now owns 537 shares of the basic materials company's stock valued at $37,000 after acquiring an additional 473 shares in the last quarter. Hedge funds and other institutional investors own 98.87% of the company's stock.

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.