Celanese (NYSE:CE) Announces Earnings Results

Celanese (NYSE:CEGet Free Report) announced its quarterly earnings results on Thursday. The basic materials company reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.07, Zacks reports. Celanese had a negative net margin of 16.30% and a positive return on equity of 10.48%. The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.51 billion. During the same quarter last year, the business earned $2.44 EPS. Celanese’s revenue for the quarter was down 8.6% on a year-over-year basis. Celanese updated its Q4 2025 guidance to 0.850-1.000 EPS.

Celanese Stock Up 14.6%

Shares of NYSE:CE traded up $5.28 during trading on Friday, hitting $41.39. The company’s stock had a trading volume of 5,374,217 shares, compared to its average volume of 2,617,984. The company has a market capitalization of $4.53 billion, a PE ratio of -2.79, a PEG ratio of 1.86 and a beta of 1.17. Celanese has a fifty-two week low of $35.48 and a fifty-two week high of $89.24. The company has a debt-to-equity ratio of 2.22, a quick ratio of 1.22 and a current ratio of 2.05. The stock’s 50-day moving average price is $42.45 and its two-hundred day moving average price is $48.91.

Celanese Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Tuesday, October 28th will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Tuesday, October 28th. Celanese’s payout ratio is presently -0.42%.

Analyst Ratings Changes

CE has been the topic of several research reports. Mizuho increased their target price on Celanese from $50.00 to $59.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 15th. Weiss Ratings restated a “sell (d)” rating on shares of Celanese in a report on Wednesday, October 8th. Wells Fargo & Company decreased their target price on Celanese from $60.00 to $57.00 and set an “overweight” rating for the company in a report on Tuesday, September 30th. Royal Bank Of Canada set a $43.00 price target on shares of Celanese in a report on Tuesday, October 14th. Finally, Robert W. Baird reduced their price target on shares of Celanese from $67.00 to $50.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 13th. Seven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $56.11.

Get Our Latest Stock Report on CE

Insider Transactions at Celanese

In other Celanese news, Director Timothy Go bought 1,039 shares of the business’s stock in a transaction on Monday, September 8th. The shares were bought at an average cost of $46.25 per share, with a total value of $48,053.75. Following the transaction, the director directly owned 4,415 shares in the company, valued at approximately $204,193.75. This trade represents a 30.78% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.33% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Celanese

Several large investors have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its stake in shares of Celanese by 111.1% in the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 270 shares during the period. Smartleaf Asset Management LLC grew its holdings in Celanese by 100.0% in the 2nd quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock worth $38,000 after buying an additional 331 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Celanese by 144.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,276 shares of the basic materials company’s stock valued at $71,000 after acquiring an additional 755 shares during the period. Headlands Technologies LLC bought a new stake in Celanese during the 2nd quarter valued at $180,000. Finally, Vident Advisory LLC acquired a new position in Celanese during the 2nd quarter worth $222,000. 98.87% of the stock is currently owned by institutional investors.

Celanese Company Profile

(Get Free Report)

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.

See Also

Earnings History for Celanese (NYSE:CE)

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