Celanese (NYSE:CE) Releases Quarterly Earnings Results, Beats Expectations By $0.20 EPS

Celanese (NYSE:CEGet 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

CE has been the subject of several analyst reports. Mizuho decreased their target price on shares of Celanese from $120.00 to $86.00 and set a “neutral” rating for the company in a research note on Thursday, December 5th. Royal Bank of Canada lowered Celanese from an “outperform” rating to a “sector perform” rating and dropped their target price for the stock from $84.00 to $56.00 in a research report on Thursday. Citigroup raised Celanese to a “neutral” rating and increased their price target for the company from $73.00 to $76.00 in a report on Thursday, January 23rd. BMO Capital Markets downgraded Celanese from a “market perform” rating to an “underperform” rating and dropped their price objective for the stock from $138.00 to $76.00 in a report on Monday, November 11th. Finally, Robert W. Baird reduced their target price on Celanese from $110.00 to $67.00 and set an “outperform” rating for the company in a research note on Thursday. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, Celanese presently has a consensus rating of “Hold” and an average target price of $97.82.

Read Our Latest Report on CE

About Celanese

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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.

See Also

Earnings History for Celanese (NYSE:CE)

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