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

Celanese (NYSE:CE) released its quarterly earnings data 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. The business had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.36 billion. Celanese had a net margin of 10.40% and a return on equity of 13.17%. 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 Down 21.5 %

CE opened at $54.86 on Thursday. Celanese has a 1 year low of $52.97 and a 1 year high of $172.16. The firm has a 50 day moving average price of $68.90 and a 200 day moving average price of $97.98. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.76 and a current ratio of 1.37. The company has a market cap of $6.00 billion, a PE ratio of 5.52, a price-to-earnings-growth ratio of 1.36 and a beta of 1.17.

Celanese Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, February 25th will be paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.22%. The ex-dividend date of this dividend is Tuesday, February 25th. Celanese’s dividend payout ratio is currently 28.17%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Royal Bank of Canada downgraded shares of Celanese from an “outperform” rating to a “sector perform” rating and reduced their price target for the company from $84.00 to $56.00 in a report on Thursday. Mizuho reduced their target price on Celanese from $120.00 to $86.00 and set a “neutral” rating on the stock in a research note on Thursday, December 5th. Jefferies Financial Group dropped their price target on Celanese from $102.00 to $82.00 in a research report on Thursday, December 5th. Morgan Stanley reduced their price objective on Celanese from $100.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Finally, Citigroup upgraded Celanese to a “neutral” rating and lifted their price objective for the stock from $73.00 to $76.00 in a research report on Thursday, January 23rd. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $97.82.

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.