Celanese (NYSE:CE) Posts Earnings Results, Beats Estimates By $0.20 EPS

Celanese (NYSE:CEGet Free Report) posted its quarterly earnings results on Tuesday. The basic materials company reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates 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 Stock Up 2.6 %

Shares of NYSE CE traded up $1.80 during mid-day trading on Tuesday, hitting $69.86. The company had a trading volume of 3,146,865 shares, compared to its average volume of 2,181,863. The company has a market capitalization of $7.64 billion, a PE ratio of 7.03, a price-to-earnings-growth ratio of 1.37 and a beta of 1.17. The firm has a 50-day simple moving average of $69.16 and a two-hundred day simple moving average of $98.72. The company has a current ratio of 1.37, a quick ratio of 0.76 and a debt-to-equity ratio of 1.47. Celanese has a one year low of $64.05 and a one year high of $172.16.

Celanese Cuts Dividend

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

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Wells Fargo & Company downgraded Celanese from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $165.00 to $115.00 in a research note on Tuesday, November 5th. Royal Bank of Canada dropped their price objective on Celanese from $122.00 to $88.00 and set an “outperform” rating on the stock in a research note on Thursday, December 19th. Bank of America raised Celanese from an “underperform” rating to a “buy” rating and dropped their price objective for the stock from $95.00 to $88.00 in a research note on Tuesday, January 14th. Citigroup dropped their price objective on Celanese from $100.00 to $73.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 18th. Finally, Barclays dropped their price objective on Celanese from $88.00 to $75.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 5th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $102.06.

Check Out Our Latest Stock Analysis on CE

About Celanese

(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.

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Earnings History for Celanese (NYSE:CE)

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