Celanese (NYSE:CE) Raised to “Buy” at Tudor Pickering

Celanese (NYSE:CE) was upgraded by stock analysts at Tudor Pickering from a “hold” rating to a “buy” rating in a research note issued on Monday,Finviz reports.

A number of other equities analysts have also issued reports on the company. Weiss Ratings restated a “sell (d)” rating on shares of Celanese in a research note on Wednesday, January 21st. Mizuho increased their price objective on Celanese from $45.00 to $55.00 and gave the company a “neutral” rating in a report on Wednesday, February 18th. Wells Fargo & Company raised their price objective on Celanese from $45.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 19th. Evercore set a $63.00 target price on Celanese in a report on Wednesday, February 18th. Finally, Robert W. Baird set a $65.00 target price on Celanese in a research report on Thursday, February 19th. Eight research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Celanese presently has a consensus rating of “Hold” and an average target price of $59.35.

Celanese Stock Down 6.2%

CE stock opened at $49.27 on Monday. The stock has a market capitalization of $5.40 billion, a PE ratio of -4.65, a price-to-earnings-growth ratio of 0.36 and a beta of 1.07. Celanese has a 52 week low of $35.13 and a 52 week high of $63.55. The company has a quick ratio of 0.94, a current ratio of 1.55 and a debt-to-equity ratio of 2.55. The firm has a 50 day moving average of $49.24 and a 200 day moving average of $44.61.

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

Insider Activity at Celanese

In related news, CFO Chuck Kyrish bought 5,000 shares of the stock in a transaction dated Tuesday, December 9th. The shares were purchased at an average price of $41.03 per share, for a total transaction of $205,150.00. Following the completion of the purchase, 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 ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.34% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. grew its stake in shares of Celanese by 111.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 270 shares during the period. SBI Securities Co. Ltd. lifted its stake in shares of Celanese by 55.4% in the 2nd quarter. SBI Securities Co. Ltd. now owns 623 shares of the basic materials company’s stock valued at $34,000 after purchasing an additional 222 shares during the period. National Bank of Canada FI purchased a new stake in Celanese during the third quarter worth $34,000. Versant Capital Management Inc boosted its holdings in Celanese by 140.4% during the third quarter. Versant Capital Management Inc now owns 827 shares of the basic materials company’s stock worth $35,000 after buying an additional 483 shares in the last quarter. Finally, Salomon & Ludwin LLC acquired a new stake in Celanese during the third quarter valued at $36,000. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

About Celanese

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.