Celanese (NYSE:CE - Get Free Report) announced its quarterly earnings results on Monday. The basic materials company reported $0.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.37 by $0.20, Zacks reports. Celanese had a negative net margin of 14.81% and a positive return on equity of 12.86%. The company had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the previous year, the firm posted $2.08 EPS. Celanese's revenue for the quarter was down 8.5% compared to the same quarter last year. Celanese updated its Q2 2025 guidance to 1.300-1.500 EPS.
Celanese Stock Down 0.9 %
NYSE CE traded down $0.46 during midday trading on Friday, hitting $51.25. 2,396,600 shares of the company traded hands, compared to its average volume of 2,150,418. The company has a market cap of $5.60 billion, a PE ratio of -3.68, a price-to-earnings-growth ratio of 1.05 and a beta of 1.09. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.34 and a quick ratio of 0.76. Celanese has a 52 week low of $36.29 and a 52 week high of $161.94. The company's 50-day simple moving average is $48.56 and its 200-day simple moving average is $65.21.
Celanese Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 12th. Investors of record on Monday, April 28th will be paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date is Monday, April 28th. Celanese's dividend payout ratio (DPR) is -0.86%.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the company. UBS Group decreased their target price on Celanese from $60.00 to $46.00 and set a "neutral" rating on the stock in a research report on Monday, April 7th. BMO Capital Markets lowered their target price on Celanese from $73.00 to $46.00 and set an "underperform" rating for the company in a research report on Thursday, February 20th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Celanese from $70.00 to $75.00 and gave the company a "buy" rating in a report on Thursday, March 27th. Bank of America decreased their price target on shares of Celanese from $88.00 to $72.00 and set a "buy" rating on the stock in a research note on Monday, February 24th. Finally, Royal Bank of Canada downgraded shares of Celanese from an "outperform" rating to a "sector perform" rating and reduced their target price for the stock from $84.00 to $56.00 in a report on Thursday, February 20th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $61.89.
Check Out Our Latest Research Report on CE
Celanese Company Profile
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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.
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