Celanese (NYSE:CE) Shares Up 8% – Should You Buy?

Celanese Corporation (NYSE:CE)’s stock price traded up 8% during trading on Tuesday . The stock traded as high as $60.62 and last traded at $60.63. 1,066,145 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 2,586,925 shares. The stock had previously closed at $56.13.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. UBS Group raised their price objective on Celanese from $56.00 to $58.00 and gave the company a “neutral” rating in a research note on Wednesday, March 18th. Royal Bank Of Canada increased their target price on Celanese from $48.00 to $55.00 and gave the company a “sector perform” rating in a research note on Monday, February 23rd. Jefferies Financial Group raised shares of Celanese from a “hold” rating to a “buy” rating and set a $86.00 price target for the company in a research report on Thursday, February 5th. Tudor Pickering upgraded shares of Celanese from a “hold” rating to a “buy” rating in a research note on Monday, March 9th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Celanese in a report on Wednesday, January 21st. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $60.67.

Celanese Trading Down 1.8%

The company has a market cap of $6.74 billion, a P/E ratio of -5.80, a P/E/G ratio of 0.45 and a beta of 1.07. The business has a fifty day simple moving average of $52.74 and a 200 day simple moving average of $45.58. The company has a debt-to-equity ratio of 2.55, a quick ratio of 0.94 and a current ratio of 1.55.

Celanese (NYSE:CE) last issued its quarterly earnings results on Tuesday, February 17th. The basic materials company reported $0.67 earnings per share for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.22). Celanese had a negative net margin of 12.15% and a positive return on equity of 8.75%. The firm had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter last year, the firm posted $1.45 earnings per share. Celanese’s revenue was down 6.5% compared to the same quarter last year. Celanese has set its Q1 2026 guidance at 0.700-0.850 EPS. Analysts anticipate that Celanese Corporation will post 8.79 earnings per share for the current fiscal year.

Celanese Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, February 24th. Celanese’s dividend payout ratio is -1.13%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of CE. Geneos Wealth Management Inc. raised its stake in Celanese by 111.1% during the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 270 shares during the period. National Bank of Canada FI acquired a new position in Celanese in the third quarter valued at approximately $34,000. Versant Capital Management Inc boosted its stake in Celanese by 140.4% in the third quarter. Versant Capital Management Inc now owns 827 shares of the basic materials company’s stock valued at $35,000 after acquiring an additional 483 shares during the period. Salomon & Ludwin LLC bought a new position in shares of Celanese during the third quarter valued at approximately $36,000. Finally, Hartford Financial Management Inc. grew its holdings in shares of Celanese by 350.5% during the fourth quarter. Hartford Financial Management Inc. now owns 901 shares of the basic materials company’s stock valued at $38,000 after purchasing an additional 701 shares during the last quarter. 98.87% of the stock is owned by institutional investors and hedge funds.

Celanese Company Profile

Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.

In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.