Celanese (NYSE:CE – Get Free Report) released its quarterly earnings results on Tuesday. The basic materials company reported $1.45 EPS for the quarter, topping 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%. The firm had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.36 billion. Celanese updated its Q2 2025 guidance to 1.250-1.500 EPS and its Q1 2025 guidance to 0.250-0.500 EPS.
Celanese Price Performance
NYSE CE opened at $54.86 on Thursday. The company has a 50-day moving average price of $68.90 and a two-hundred day moving average price of $97.98. The stock has a market cap of $6.00 billion, a price-to-earnings ratio of 5.52, a price-to-earnings-growth ratio of 1.36 and a beta of 1.17. 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 52 week low of $52.97 and a 52 week high of $172.16.
Celanese Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, February 25th will be paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.22%. The ex-dividend date of this dividend is Tuesday, February 25th. Celanese’s payout ratio is 28.17%.
Analysts Set New Price Targets
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.
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