Analysts Offer Predictions for Celanese FY2026 Earnings

Celanese Co. (NYSE:CE) – Equities research analysts at KeyCorp issued their FY2026 earnings per share estimates for shares of Celanese in a note issued to investors on Thursday, March 20th. KeyCorp analyst A. Yefremov expects that the basic materials company will post earnings of $7.61 per share for the year. KeyCorp currently has a “Overweight” rating and a $76.00 target price on the stock. The consensus estimate for Celanese’s current full-year earnings is $8.79 per share.

CE has been the topic of several other reports. Alembic Global Advisors raised Celanese from a “neutral” rating to an “overweight” rating and set a $70.00 price target on the stock in a research report on Monday, March 17th. StockNews.com lowered Celanese from a “hold” rating to a “sell” rating in a research report on Thursday, February 20th. Vertical Research raised shares of Celanese from a “sell” rating to a “hold” rating and set a $66.00 target price for the company in a report on Thursday, March 6th. Royal Bank of Canada lowered shares of Celanese from an “outperform” rating to a “sector perform” rating and dropped their price target for the company from $84.00 to $56.00 in a research report on Thursday, February 20th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Celanese from $85.00 to $70.00 and set a “buy” rating for the company in a research note on Thursday, February 20th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $66.67.

Celanese Trading Up 4.3 %

NYSE:CE opened at $59.54 on Monday. The company has a current ratio of 1.34, a quick ratio of 0.76 and a debt-to-equity ratio of 1.98. The firm has a fifty day simple moving average of $62.68 and a 200-day simple moving average of $85.82. Celanese has a 12 month low of $45.94 and a 12 month high of $172.16. The company has a market capitalization of $6.51 billion, a P/E ratio of -4.27, a PEG ratio of 1.05 and a beta of 1.23.

Celanese (NYSE:CE) last announced its earnings results on Tuesday, February 18th. The basic materials company reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.20. Celanese had a negative net margin of 14.81% and a positive return on equity of 12.86%. The company had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.36 billion.

Institutional Trading of Celanese

A number of institutional investors and hedge funds have recently bought and sold shares of CE. Wealth Enhancement Advisory Services LLC lifted its holdings in Celanese by 33.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 34,950 shares of the basic materials company’s stock worth $2,419,000 after buying an additional 8,740 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Celanese during the 4th quarter worth $1,952,000. Employees Retirement System of Texas purchased a new position in shares of Celanese in the 4th quarter valued at about $3,736,000. Sunbeam Capital Management LLC acquired a new position in shares of Celanese during the fourth quarter worth about $216,000. Finally, Mackenzie Financial Corp raised its holdings in Celanese by 155.3% in the fourth quarter. Mackenzie Financial Corp now owns 23,317 shares of the basic materials company’s stock valued at $1,614,000 after acquiring an additional 14,184 shares in the last quarter. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Celanese Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Shareholders of record on Tuesday, February 25th were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.20%. The ex-dividend date of this dividend was Tuesday, February 25th. Celanese’s payout ratio is -0.86%.

About Celanese

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.