Celanese Corp (CE) stock hits $55.32: Is it a good time to buy or wait for a dip?

Celanese Corp [CE] stock prices are up 0.18% to $55.32 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CE shares have gain 8.60% over the last week, with a monthly amount drifted -20.90%, 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 March 06, 2025, when Vertical Research upgraded its rating to a Hold but kept the price target unchanged to $66 for it. Previously, RBC Capital Mkts downgraded its rating to Sector Perform on February 20, 2025, and dropped its price target to $56. On January 14, 2025, upgrade upgraded it’s rating to Buy and revised its price target to $88 on the stock. UBS downgraded its rating to a Neutral and decreased its price target to $97 on November 11, 2024. BMO Capital Markets downgraded its rating to a Underperform and reduced its price target to $76 on November 11, 2024. Piper Sandler downgraded its rating to Underweight for this stock on November 08, 2024, and downed its price target to $98. In a note dated November 06, 2024, Deutsche Bank upgraded an Buy rating on this stock and revised its target price from $135 to $110.

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 $55.32 at the most recent close of the market. An investor can expect a potential return of 79.41% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.35.

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 54.43 points at the first support level, and at 53.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.91, and for the 2nd resistance point, it is at 56.49.

Ratios To Look Out For

It’s worth pointing out that Celanese Corp [NYSE:CE]’s Current Ratio is 1.34. In addition, the Quick Ratio stands at 0.74 and the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 0.59, the price to book ratio is 1.17.

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.

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