Celanese Corp

Celanese Corp Stock Forecast & Price Prediction

Live Celanese Corp Stock (CE) Price
$69.65

19

Ratings

  • Buy 4
  • Hold 10
  • Sell 5
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$69.65

P/E Ratio

6.94

Volume Traded Today

$2.7M

Dividend

$0.7

52 Week High/low

172.16/68.88

Celanese Corp Market Cap

$7.61B

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CE Summary

The Celanese Corp (CE) share price is expected to increase by 46.85% over the next year. This is based on calculating the average 12-month share price estimate provided by 19 stock analysts who have covered CE. Price targets range from $76 at the low end to $150 at the high end. The current analyst consensus for CE is a hold. Please note analyst price targets are not guaranteed and could be missed completely.

CE Analyst Ratings

About 19 Wall Street analysts have assignedCE 4 buy ratings, 10 hold ratings, and 5 sell ratings. This means that analysts expect Celanese Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CE. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CE stock forecast by analyst

These are the latest 20 analyst ratings of CE.

Analyst/Firm

Rating

Price Target

Change

Date

Michael Leithead
Barclays

Equal-Weight

$88

Maintains

Nov 19, 2024
Joshua Spector
UBS

Neutral

$97

Downgrade

Nov 11, 2024
John McNulty
BMO Capital

Underperform

$76

Downgrade

Nov 11, 2024
Charles Neivert
Piper Sandler

Underweight

$98

Downgrade

Nov 8, 2024
Arun Viswanathan
RBC Capital

Outperform

$122

Maintains

Nov 7, 2024
David Begleiter
Deutsche Bank

Buy

$110

Upgrade

Nov 6, 2024
Michael Leithead
Barclays

Equal-Weight

$101

Maintains

Nov 6, 2024
Ghansham Panjabi
Baird

Outperform

$110

Maintains

Nov 6, 2024
Vincent Andrews
Morgan Stanley

Equal-Weight

$100

Maintains

Nov 6, 2024
Kieran De Brun
Mizuho

Neutral

$120

Maintains

Nov 5, 2024
Michael Sison
Wells Fargo

Equal-Weight

$115

Downgrade

Nov 5, 2024
Kevin McCarthy
Vertical Research

Sell

$130

Downgrade

Oct 29, 2024
Arun Viswanathan
RBC Capital

Outperform

$163

Maintains

Oct 11, 2024
Aleksey Yefremov
Keybanc

Sector Weight


Downgrade

Oct 7, 2024
Charles Neivert
Piper Sandler

Neutral

$150

Downgrade

Sep 5, 2024
David Begleiter
Deutsche Bank

Hold

$135

Maintains

Aug 12, 2024
Steve Byrne
B of A Securities

Underperform

$128

Maintains

Aug 12, 2024
Arun Viswanathan
RBC Capital

Outperform

$167

Maintains

Aug 8, 2024
John McNulty
BMO Capital

Market Perform

$138

Maintains

Aug 7, 2024
Michael Leithead
Barclays

Equal-Weight

$151

Maintains

Aug 6, 2024

CE Company Information

What They Do: Manufactures high-performance engineered polymers.

Business Model: The company operates through two main segments: Engineered Materials and Acetyl Chain. It generates revenue by developing and supplying specialty polymers for various applications, including automotive, medical, and consumer electronics, alongside producing acetyl products that serve as essential raw materials in industries like construction, pharmaceuticals, and agriculture.

Other Information: Founded in 1918 and headquartered in Irving, Texas, Celanese Corporation has a strong global presence and targets diverse markets, which enhances its growth potential and resilience against market fluctuations.
CE
Celanese Corp (CE)

When did it IPO

2005

Staff Count

12,400

Country

United States

Sector/Industry

Basic Materials/Chemicals

CEO

Ms. Lori J. Ryerkerk BS

Market Cap

$7.61B

Celanese Corp (CE) Financial Data

In 2023, CE generated $10.94B in revenue, which was a increase of 13.10% from the previous year. This can be seen as a signal that CE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$5.66B

Revenue From 2021

$8.54B

50.96 %
From Previous Year

Revenue From 2022

$9.67B

13.31 %
From Previous Year

Revenue From 2023

$10.94B

13.10 %
From Previous Year
  • Revenue TTM $10.48B
  • Operating Margin TTM 11.5%
  • Gross profit TTM $2.60B
  • Return on assets TTM 2.7%
  • Return on equity TTM 15.1%
  • Profit Margin 10.4%
  • Book Value Per Share 66.57%
  • Market capitalisation $7.61B
  • Revenue for 2021 $8.54B
  • Revenue for 2022 $9.67B
  • Revenue for 2023 $10.94B
  • EPS this year (TTM) $10.04

Celanese Corp (CE) Latest News

News Image

Mon, 09 Dec 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Celanese has announced a leadership transition, which may impact its strategic direction and operations. Investors should monitor potential implications for company performance.

Why It Matters - Leadership transitions can impact a company's strategy, performance, and stock price, signaling potential changes in direction or stability which may affect investor confidence and valuation.

News Image

Sat, 07 Dec 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - This article features five large-cap, dividend-paying companies available at significant discounts, yielding approximately 3.28%, with additional groups offering yields up to 9%.

Why It Matters - The article highlights undervalued dividend-paying stocks, presenting potential opportunities for income-focused investors seeking stability and growth amid market volatility.

News Image

Mon, 09 Dec 2024

Sentiment - POSITIVE

Source - Benzinga

Summary - Oversold stocks in the materials sector may offer investment opportunities in undervalued companies.

Why It Matters - Oversold stocks in the materials sector indicate potential value, signaling a buying opportunity for investors seeking discounted assets with recovery potential.

News Image

Wed, 04 Dec 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Celanese (CE) reported earnings 30 days ago; investors should monitor upcoming developments and market reactions for future stock performance.

Why It Matters - Upcoming earnings reports can significantly impact stock prices, influencing investor sentiment and market expectations for Celanese's financial performance and growth potential.

News Image

Thu, 05 Dec 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Celanese Corporation earns 54% of revenue from engineered materials and 46% from the acetyl chain. Despite a 52% market cap drop and a 95% dividend cut in 2024, long-term gains may be possible.

Why It Matters - Celanese's strong revenue split and high-margin operations signal resilience, despite recent losses and dividend cuts. Long-term profitability in both segments could attract future investment interest.

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Pomerantz LLP is investigating claims for investors of Celanese Corporation (NYSE: CE). Interested parties should contact Danielle Peyton for more information.

Why It Matters - The investigation by Pomerantz LLP may indicate potential legal issues or financial irregularities at Celanese Corporation, which could impact stock performance and investor confidence.

...

CE Frequently asked questions

The highest forecasted price for CE is $150 from John McNulty at BMO Capital.

The lowest forecasted price for CE is $76 from from Deutsche Bank

The CE analyst ratings consensus are 4 buy ratings, 10 hold ratings, and 5 sell ratings.