Celanese
CE

$139.08

1.59%

Market Cap: 15.2B

About: Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company is also one of the largest producers of specialty polymers, which are used in the automotive, electronics, medical, building, and consumer end markets. The company also makes cellulose derivatives used in cigarette filters.

Employees: 12,410

Materials Plastic Material, Synthetic Resin/Rubber, Cellulos, Except Glass

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 22 analysts

0

News positive %

of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

235% more call options, than puts

Call options by funds: $69.9M | Put options by funds: $20.9M

31% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 68

8% more capital invested

Capital invested by funds: $17.8B [Q4 2023] → $19.2B (+$1.43B) [Q1 2024]

3% more funds holding

Funds holding: 625 [Q4 2023] → 646 (+21) [Q1 2024]

6% less repeat investments, than reductions

Existing positions increased: 213 | Existing positions reduced: 226

4.65% less ownership

Funds ownership: 105.23% [Q4 2023] → 100.58% (-4.65%) [Q1 2024]

40% less funds holding in top 10

Funds holding in top 10: 5 [Q4 2023] → 3 (-2) [Q1 2024]

See Fund Rankings

Research analyst outlook

22 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$144

4%

upside

Avg. target

$171

23%

upside

High target

$195

40%

upside

22 analyst ratings

13 positive

59%

7 neutral

32%

2 negative

9%

Keybanc Aleksey Yefremov	29%upside $180	Overweight Maintained	10 Jul 2024
UBS Joshua Spector	32%upside $184	Buy Maintained	9 Jul 2024
Citigroup Patrick Cunningham	6%upside $148	Neutral Maintained	27 Jun 2024
Wells Fargo Michael Sison	29%upside $180	Overweight Maintained	27 Jun 2024
BMO Capital John McNulty	14%upside $158	Market Perform Maintained	11 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about CE published over the past 30 days

Zacks Investment Research

Celanese (CE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Celanese (CE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Celanese (CE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share

DALLAS--(BUSINESS WIRE)--Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share.

Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share

Zacks Investment Research

Here's Why You Should Hold Onto Celanese (CE) Stock for Now

Celanese (CE) benefits from its productivity measures, investments in organic projects, expansion actions and strategic acquisitions amid headwinds from demand softness and pricing pressures.

Here's Why You Should Hold Onto Celanese (CE) Stock for Now

3 Materials Stocks to Sell in July Before They Crash & Burn

As the global economy faces numerous headwinds, including fluctuating commodity prices and economic uncertainty, certain materials stocks are increasingly risky investments. Here are three materials stocks to sell to reduce exposure to this market cyclicality.

3 Materials Stocks to Sell in July Before They Crash & Burn

Celanese to Hold Second Quarter Earnings Conference Call on August 2, 2024

DALLAS--(BUSINESS WIRE)--Celanese to Hold Second Quarter Earnings Conference Call on August 2, 2024.

Celanese to Hold Second Quarter Earnings Conference Call on August 2, 2024

Zacks Investment Research

Here's Why Celanese (CE) is a Strong Value Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Here's Why Celanese (CE) is a Strong Value Stock

Zacks Investment Research

3 Chemical Specialty Stocks to Escape Industry Headwinds

Soft end-market demand and customer de-stocking mar the prospects of the Zacks Chemicals Specialty industry. PPG, CE and AXTA are set to gain from strategic actions to navigate the ongoing challenges.

3 Chemical Specialty Stocks to Escape Industry Headwinds

National Vision Gathers More Than 1,000 Optometrists at Annual Continuing Education Symposium

DULUTH, Ga.--(BUSINESS WIRE)--National Vision, Inc., one of the nation's largest optical retailers, hosted more than 1,000 optometrists across two weekends for its Annual Continuing Education (CE) Symposium in Phoenix June 1-4 and in Orlando June 8-11. The conference was designed to empower doctors through education and camaraderie, giving them the tools they need to foster successful optometry careers. “We are committed to empowering our network of optometrists to lead and innovate in their fi.

National Vision Gathers More Than 1,000 Optometrists at Annual Continuing Education Symposium

Zacks Investment Research

Celanese (CE) Gains on Cost Actions Amid Demand & Pricing Woes

While Celanese (CE) faces headwinds from soft demand and pricing, it benefits from productivity measures, investments in organic projects and strategic acquisitions.

Celanese (CE) Gains on Cost Actions Amid Demand & Pricing Woes

Zacks Investment Research

Celanese (CE) Declares Force Majeure Due to Supply Disruptions

Celanese (CE) declares force majeure for acetic acid and VAM, expects a 15-20% production impact in the second quarter and takes costly measures to minimize customer impact.

Celanese (CE) Declares Force Majeure Due to Supply Disruptions

See News Rankings