Celanese Co. (NYSE:CE – Free Report) – Analysts at Zacks Research lowered their Q1 2025 EPS estimates for shares of Celanese in a research report issued to clients and investors on Monday, March 10th. Zacks Research analyst R. Department now forecasts that the basic materials company will post earnings of $0.46 per share for the quarter, down from their prior estimate of $2.14. The consensus estimate for Celanese’s current full-year earnings is $8.79 per share. Zacks Research also issued estimates for Celanese’s Q2 2025 earnings at $1.48 EPS, Q3 2025 earnings at $1.86 EPS, Q4 2025 earnings at $1.54 EPS, FY2025 earnings at $5.34 EPS, Q1 2026 earnings at $1.42 EPS, Q2 2026 earnings at $2.13 EPS, Q3 2026 earnings at $2.29 EPS, Q4 2026 earnings at $1.54 EPS and FY2026 earnings at $7.39 EPS.
Celanese (NYSE:CE – Get Free Report) last issued its earnings results on Tuesday, February 18th. The basic materials company reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.20. The firm had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.36 billion. Celanese had a positive return on equity of 12.86% and a negative net margin of 14.81%.
Get Our Latest Stock Report on CE
Celanese Trading Up 7.5 %
Shares of Celanese stock opened at $57.10 on Thursday. The stock has a market capitalization of $6.24 billion, a P/E ratio of -4.10, a P/E/G ratio of 1.05 and a beta of 1.23. Celanese has a 52-week low of $45.94 and a 52-week high of $172.16. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.76 and a current ratio of 1.34. The stock’s 50-day simple moving average is $63.81 and its 200 day simple moving average is $89.83.
Hedge Funds Weigh In On Celanese
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. State Street Corp grew its position in Celanese by 3.1% in the third quarter. State Street Corp now owns 4,500,813 shares of the basic materials company’s stock worth $611,931,000 after acquiring an additional 136,994 shares in the last quarter. KBC Group NV lifted its stake in Celanese by 155.5% during the third quarter. KBC Group NV now owns 213,657 shares of the basic materials company’s stock worth $29,049,000 after purchasing an additional 130,037 shares during the last quarter. Zacks Investment Management boosted its holdings in shares of Celanese by 6.5% in the 3rd quarter. Zacks Investment Management now owns 160,443 shares of the basic materials company’s stock worth $21,814,000 after purchasing an additional 9,782 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Celanese by 7.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 990,901 shares of the basic materials company’s stock valued at $134,723,000 after purchasing an additional 69,606 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its holdings in shares of Celanese by 5.1% during the 4th quarter. Sanctuary Advisors LLC now owns 7,213 shares of the basic materials company’s stock valued at $521,000 after buying an additional 351 shares in the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.
Celanese Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Shareholders of record on Tuesday, February 25th were given a dividend of $0.03 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.12 annualized dividend and a yield of 0.21%. Celanese’s payout ratio is presently -0.86%.
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.
Featured Stories
- Five stocks we like better than Celanese
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead
- EV Stocks and How to Profit from Them
- How Super Micro Computer Stock Is Defying the Market Sell-Off
- Where to Find Earnings Call Transcripts
- AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?
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.