Celanese (NYSE:CE – Get Free Report) announced its earnings results on Monday. The basic materials company reported $1.65 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.09, FiscalAI reports. The business had revenue of $2.56 billion during the quarter, compared to analysts’ expectations of $2.62 billion. Celanese had a return on equity of 13.72% and a net margin of 2.66%. The company’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the business posted $1.34 earnings per share.
Celanese Trading Down 0.3%
Shares of Celanese stock traded down $0.14 on Wednesday, reaching $50.22. 385,048 shares of the company were exchanged, compared to its average volume of 2,065,804. Celanese has a fifty-two week low of $35.13 and a fifty-two week high of $70.70. The firm has a market capitalization of $5.51 billion, a price-to-earnings ratio of 21.24, a price-to-earnings-growth ratio of 0.34 and a beta of 0.72. The company has a current ratio of 1.45, a quick ratio of 0.87 and a debt-to-equity ratio of 2.33. The stock has a fifty day moving average price of $46.17 and a 200-day moving average price of $51.42.
Celanese Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Tuesday, October 27th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Tuesday, October 27th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.2%. Celanese’s payout ratio is -1.12%.
Trending Headlines about Celanese
Here are the key news stories impacting Celanese this week:
- Positive Sentiment: Celanese reported third-quarter adjusted EPS of $1.65, above analyst expectations, with pricing strength and commercial execution helping earnings. It also raised its 2026 adjusted EPS outlook to $6.00–$6.25, versus consensus of $6.00. Celanese Q3 Earnings Beat Estimates on Pricing Strength, Sales Miss
- Positive Sentiment: Management is targeting $700 million–$800 million in free cash flow for 2027, with cost reductions and interest savings expected to support improvement. The target may bolster confidence in Celanese’s efforts to strengthen its financial position. Celanese targets $700M-$800M 2027 free cash flow
- Positive Sentiment: A collaboration with Röchling will develop lower-carbon POM applications using captured CO₂. The partnership could support sustainable product offerings, although its financial impact is not yet clear. Celanese Partners With Rochling to Expand Lower-Carbon POM Applications
- Negative Sentiment: Quarterly revenue of $2.56 billion came in below the $2.62 billion analyst estimate, despite increasing 5.7% year over year. Investors may also look for evidence that the earnings improvement translates into stronger cash flow. Celanese Stock Earnings Beat Raises The Cash Flow Question
Insider Buying and Selling at Celanese
In related news, SVP Mark Murray purchased 2,153 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average price of $45.52 per share, with a total value of $98,004.56. Following the purchase, the senior vice president owned 30,432 shares of the company’s stock, valued at $1,385,264.64. This trade represents a 7.61% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 0.34% of the stock is owned by company insiders.
Analysts Set New Price Targets
A number of brokerages have weighed in on CE. KeyCorp assumed coverage on shares of Celanese in a report on Thursday, September 10th. They issued an “overweight” rating and a $57.00 price target for the company. BMO Capital Markets lowered their price objective on shares of Celanese from $57.00 to $54.00 and set a “market perform” rating on the stock in a research note on Wednesday, August 5th. Citigroup lowered their price objective on shares of Celanese from $60.00 to $58.00 and set a “buy” rating on the stock in a research note on Wednesday, September 30th. Royal Bank Of Canada boosted their target price on shares of Celanese from $45.00 to $46.00 and gave the stock a “sector perform” rating in a report on Tuesday, October 13th. Finally, Barclays started coverage on shares of Celanese in a research note on Monday, October 12th. They set an “equal weight” rating and a $49.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $60.38.
Check Out Our Latest Stock Analysis on CE
Celanese Company Profile
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.
Read More
- Five stocks we like better than Celanese
- Bloom Energy: The Off-Grid Answer to AI’s Power Drain
- Space Race 2.0: Intuitive Machines Secures Another NASA Contract
- Zebra Technologies’ Sell-Off: 3 Factors Investors May Be Missing
- Advanced Micro Devices’ Q3 Results Answer a Big Question, But Another Remains
Receive News & Ratings for Celanese Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celanese and related companies with MarketBeat.com's FREE daily email newsletter.
