Celanese Corp [CE] stock prices are up 12.69% to $54.33 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The CE shares have gain 3.19% over the last week, with a monthly amount drifted -21.00%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Celanese Corp [NYSE: CE] stock has seen the most recent analyst activity on February 20, 2025, when RBC Capital Mkts downgraded its rating to a Sector Perform and also revised its price target to $56 from $84. Previously, BofA Securities upgraded its rating to Buy on January 14, 2025, and dropped its price target to $88. On November 11, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $97 on the stock. BMO Capital Markets downgraded its rating to a Underperform and decreased its price target to $76 on November 11, 2024. Piper Sandler downgraded its rating to a Underweight and reduced its price target to $98 on November 08, 2024. Deutsche Bank upgraded its rating to Buy for this stock on November 06, 2024, and downed its price target to $110. In a note dated November 05, 2024, Wells Fargo downgraded an Equal Weight rating on this stock and revised its target price from $165 to $115.
The stock price of Celanese Corp [CE] has been fluctuating between $45.94 and $172.16 over the past year. Currently, Wall Street analysts expect the stock to reach $99.25 within the next 12 months. Celanese Corp [NYSE: CE] shares were valued at $54.33 at the most recent close of the market. An investor can expect a potential return of 82.68% based on the average CE price forecast.
Analyzing the CE fundamentals
The Celanese Corp [NYSE:CE] reported sales of 10.28B for trailing twelve months, representing a drop of -7.75%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.23 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.35.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 50.59 points at the first support level, and at 46.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.25, and for the 2nd resistance point, it is at 58.17.
Ratios To Look Out For
It’s worth pointing out that Celanese Corp [NYSE:CE]’s Current Ratio is 1.34. On the other hand, the Quick Ratio is 0.74, and the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 0.58, the price to book ratio is 1.15.
Transactions by insiders
Recent insider trading involved Richardson Scott A, EVP & COO, that happened on Aug 19 ’24 when 4675.0 shares were sold. EVP & COO, Richardson Scott A completed a deal on Aug 20 ’24 to sell 4675.0 shares. Meanwhile, Officer Richardson Scott A bought 4675.0 shares on Aug 20 ’24.
