Media headlines about Celanese (NYSE:CE) have trended positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Celanese earned a daily sentiment score of 0.30 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 47.1473538885196 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

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CE has been the subject of a number of research reports. Zacks Investment Research cut shares of Celanese from a “buy” rating to a “hold” rating in a research report on Friday, December 15th. SunTrust Banks reiterated a “buy” rating on shares of Celanese in a report on Wednesday, January 17th. Wells Fargo & Co restated a “market perform” rating and issued a $110.00 target price (up from $104.00) on shares of Celanese in a report on Wednesday, January 17th. UBS Group boosted their target price on shares of Celanese from $107.00 to $113.00 and gave the company a “neutral” rating in a report on Friday, January 26th. Finally, Citigroup boosted their price objective on shares of Celanese from $123.00 to $128.00 and gave the stock a “buy” rating in a research note on Monday, January 29th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $113.28.

Shares of Celanese (CE) traded up $0.78 on Friday, reaching $106.51. 78,935 shares of the company were exchanged, compared to its average volume of 645,936. Celanese has a 12-month low of $83.34 and a 12-month high of $114.00. The company has a quick ratio of 1.21, a current ratio of 1.79 and a debt-to-equity ratio of 1.00. The company has a market cap of $14,406.11, a price-to-earnings ratio of 17.33, a PEG ratio of 1.38 and a beta of 1.29.

Celanese (NYSE:CE) last issued its quarterly earnings results on Thursday, January 25th. The basic materials company reported $1.98 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.86 by $0.12. Celanese had a net margin of 13.73% and a return on equity of 32.96%. The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same period in the prior year, the company earned $1.52 EPS. Celanese’s revenue was up 21.5% on a year-over-year basis. research analysts anticipate that Celanese will post 8.58 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, March 2nd. Stockholders of record on Tuesday, February 20th were given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date of this dividend was Friday, February 16th. Celanese’s dividend payout ratio (DPR) is 30.16%.

In other news, CFO Christopher W. Jensen sold 3,000 shares of the stock in a transaction that occurred on Thursday, January 11th. The shares were sold at an average price of $110.00, for a total value of $330,000.00. Following the completion of the sale, the chief financial officer now directly owns 52,924 shares of the company’s stock, valued at $5,821,640. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.42% of the stock is owned by corporate insiders.

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About Celanese

Celanese Corporation (Celanese) is a technology and specialty materials company. The Company’s segments include Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, Acetyl Intermediates and Other Activities. The Advanced Engineered Materials segment includes the Company’s engineered materials business and certain affiliates.

Insider Buying and Selling by Quarter for Celanese (NYSE:CE)

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