Celanese Corp (NYSE: CE) – Suitable For Long Term Buy?

Currently, there are 109.33M common shares owned by the public and among those 108.81M shares have been available to trade.

The company’s stock has a 5-day price change of 0.09% and -16.53% over the past three months. CE shares are trading -17.50% year to date (YTD), with the 12-month market performance down to -64.79% lower. It has a 12-month low price of $45.94 and touched a high of $172.16 over the same period. CE has an average intraday trading volume of 2.93 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.65%, -8.80%, and -44.30% respectively.

Institutional ownership of Celanese Corp (NYSE: CE) shares accounts for 102.53% of the company’s 109.33M shares outstanding.

It has a market capitalization of $6.24B and a beta (3y monthly) value of 1.08. The earnings-per-share (ttm) stands at -$13.92. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.69% over the week and 4.99% over the month.

Earnings per share for the fiscal year are expected to decrease by -34.02%, and 39.29% over the next financial year.

Looking at the support for the CE, a number of firms have released research notes about the stock. KeyBanc Capital Markets stated their Overweight rating for the stock in a research note on March 21, 2025, with the firm’s price target at $76. Alembic Global Advisors coverage for the Celanese Corp (CE) stock in a research note released on March 17, 2025 offered a Overweight rating with a price target of $70. Vertical Research was of a view on March 06, 2025 that the stock is Hold, while RBC Capital Mkts gave the stock Sector Perform rating on February 20, 2025, issuing a price target of $84- $56. BofA Securities on their part issued Buy rating on January 14, 2025.

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