Celanese (NYSE:CE) Issues Quarterly Earnings Results

Celanese (NYSE:CE) released its quarterly earnings data on Tuesday. The basic materials company reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.20, Zacks reports. Celanese had a return on equity of 13.17% and a net margin of 10.40%. Celanese updated its Q2 2025 guidance to 1.250-1.500 EPS and its Q1 2025 guidance to 0.250-0.500 EPS.

Celanese Trading Up 2.6 %

NYSE:CE traded up $1.80 during trading hours on Tuesday, hitting $69.86. 3,146,865 shares of the stock were exchanged, compared to its average volume of 2,181,863. The company’s 50 day moving average is $69.16 and its two-hundred day moving average is $98.72. Celanese has a twelve month low of $64.05 and a twelve month high of $172.16. The company has a quick ratio of 0.76, a current ratio of 1.37 and a debt-to-equity ratio of 1.47. The company has a market capitalization of $7.64 billion, a P/E ratio of 7.03, a price-to-earnings-growth ratio of 1.37 and a beta of 1.17.

Celanese Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, February 25th will be issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.17%. The ex-dividend date of this dividend is Tuesday, February 25th. Celanese’s dividend payout ratio is 1.21%.

Analyst Ratings Changes

CE has been the topic of several analyst reports. Jefferies Financial Group lowered their price objective on Celanese from $102.00 to $82.00 in a research note on Thursday, December 5th. Mizuho lowered their price objective on Celanese from $120.00 to $86.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Morgan Stanley lowered their price objective on Celanese from $100.00 to $80.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Vertical Research lowered Celanese from a “hold” rating to a “sell” rating and set a $130.00 price objective on the stock. in a research note on Tuesday, October 29th. Finally, Piper Sandler decreased their price target on Celanese from $98.00 to $77.00 and set an “underweight” rating on the stock in a research report on Tuesday, January 7th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $102.06.

Celanese Company Profile

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.