Celanese (NYSE:CE) Issues FY 2026 Earnings Guidance

Celanese (NYSE:CE – Get Free Report) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 6.000-6.250 for the period, compared to the consensus EPS estimate of 6.000.

Celanese Price Performance

Shares of NYSE CE opened at $47.77 on Tuesday. The stock has a market cap of $5.24 billion, a P/E ratio of 9.20, a P/E/G ratio of 0.35 and a beta of 0.76. Celanese has a twelve month low of $35.13 and a twelve month high of $70.70. The stock has a 50 day moving average of $46.08 and a two-hundred day moving average of $51.40. The company has a current ratio of 1.45, a quick ratio of 0.87 and a debt-to-equity ratio of 2.33.

Celanese (NYSE:CE – Get Free Report) last announced its earnings results on Monday, November 2nd. The basic materials company reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.09. The business had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.62 billion. Celanese had a negative net margin of 12.04% and a positive return on equity of 13.04%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the firm posted $1.34 earnings per share. On average, research analysts forecast that Celanese will post 6.00 earnings per share for the current year.

Celanese Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Tuesday, October 27th will be paid a $0.03 dividend. The ex-dividend date is Tuesday, October 27th. This represents a $0.12 dividend on an annualized basis and a yield of 0.3%. Celanese’s payout ratio is currently -1.12%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Celanese in a report on Friday, August 21st. Citigroup lowered their price target on Celanese from $60.00 to $58.00 and set a “buy” rating on the stock in a report on Wednesday, September 30th. Wells Fargo & Company dropped their price target on Celanese from $80.00 to $65.00 and set an “overweight” rating on the stock in a research report on Thursday, August 6th. BMO Capital Markets reduced their price objective on Celanese from $57.00 to $54.00 and set a “market perform” rating for the company in a research note on Wednesday, August 5th. Finally, KeyCorp started coverage on Celanese in a research report on Thursday, September 10th. They set an “overweight” rating and a $57.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Celanese has an average rating of “Moderate Buy” and a consensus price target of $60.38.

Check Out Our Latest Stock Report on Celanese

Insider Transactions at Celanese

In other news, SVP Mark Murray acquired 2,153 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was bought at an average price of $45.52 per share, for a total transaction of $98,004.56. Following the transaction, the senior vice president owned 30,432 shares in the company, valued at $1,385,264.64. This represents a 7.61% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.34% of the company’s stock.

Celanese Company Profile

(Get Free Report)

Celanese Corporation (NYSE: CE) is a global chemical and specialty materials company headquartered in Irving, Texas. The company develops and manufactures engineered materials and chemical products used by manufacturers in industries including automotive, consumer goods, medical and healthcare, electronics, industrial equipment, energy and infrastructure.

Celanese operates primarily through its Engineered Materials and Acetyl Chain businesses. Its portfolio includes engineered polymers, thermoplastic compounds and other specialty materials, as well as acetyl products such as acetic acid, vinyl acetate monomer, emulsions and related intermediates.

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Earnings History and Estimates for Celanese (NYSE:CE)

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