Shares of Celanese Corporation (NYSE:CE – Get Free Report) have earned a consensus rating of “Hold” from the twenty-one ratings firms that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $53.0556.
CE has been the topic of several research reports. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $45.00 target price (down from $55.00) on shares of Celanese in a research report on Friday, December 19th. Zacks Research cut Celanese from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Royal Bank Of Canada raised their price objective on shares of Celanese from $43.00 to $48.00 and gave the company a “sector perform” rating in a research report on Friday, January 16th. Weiss Ratings reiterated a “sell (d)” rating on shares of Celanese in a research note on Wednesday. Finally, Evercore ISI dropped their price target on shares of Celanese from $75.00 to $45.00 and set an “in-line” rating on the stock in a research note on Tuesday, November 11th.
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Celanese Stock Performance
Celanese (NYSE:CE – Get Free Report) last released its earnings results on Thursday, November 6th. The basic materials company reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.07. The company had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.51 billion. Celanese had a negative net margin of 31.85% and a positive return on equity of 9.87%. The company’s revenue was down 8.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.44 EPS. Celanese has set its Q4 2025 guidance at 0.850-1.000 EPS. Research analysts anticipate that Celanese will post 8.79 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Celanese news, CFO Chuck Kyrish bought 5,000 shares of the stock in a transaction on Tuesday, December 9th. The shares were purchased at an average cost of $41.03 per share, with a total value of $205,150.00. Following the completion of the transaction, the chief financial officer directly owned 10,914 shares of the company’s stock, valued at $447,801.42. This represents a 84.55% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.33% of the stock is owned by insiders.
Institutional Trading of Celanese
Large investors have recently made changes to their positions in the stock. Mizuho Markets Americas LLC raised its position in shares of Celanese by 149.6% in the second quarter. Mizuho Markets Americas LLC now owns 1,248,055 shares of the basic materials company’s stock valued at $69,055,000 after purchasing an additional 747,987 shares during the period. HB Wealth Management LLC acquired a new position in Celanese in the 2nd quarter valued at $340,000. Muhlenkamp & Co. Inc. bought a new position in Celanese in the 2nd quarter worth $8,366,000. Assenagon Asset Management S.A. lifted its position in Celanese by 52.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 137,060 shares of the basic materials company’s stock worth $7,584,000 after acquiring an additional 47,378 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Celanese by 0.7% during the second quarter. Geode Capital Management LLC now owns 1,866,515 shares of the basic materials company’s stock valued at $103,301,000 after acquiring an additional 13,042 shares during the period. Institutional investors own 98.87% of the company’s stock.
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.
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