Celanese (CE) Up 9.6% Since Last Earnings Report: Can It Continue?
It has been about a month since the last earnings report for Celanese (CE). Shares have added about 9.6% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Celanese due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
It turns out, fresh estimates have trended downward during the past month.
At this time, Celanese has a subpar Growth Score of D, though it is lagging a bit on the Momentum Score front with an F. However, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Celanese has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Celanese is part of the Zacks Chemical - Specialty industry. Over the past month, Element Solutions (ESI), a stock from the same industry, has gained 3.3%. The company reported its results for the quarter ended March 2025 more than a month ago.
Element Solutions reported revenues of $593.7 million in the last reported quarter, representing a year-over-year change of +3.3%. EPS of $0.34 for the same period compares with $0.34 a year ago.
Element Solutions is expected to post earnings of $0.33 per share for the current quarter, representing a year-over-year change of -8.3%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.5%.
Element Solutions has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of D.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Celanese Corporation (CE) : Free Stock Analysis Report
Element Solutions Inc. (ESI) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
30 minutes ago
- Yahoo
Stock market today: S&P 500, Dow, Nasdaq mixed as US and China reboot trade talks
US stocks were mixed on Monday as investors looked to renewed US-China trade talks for signs either side is willing to dial down tensions and reach a tariff deal. The S&P 500 (^GSPC) rose 0.1% after the benchmark edged above 6,000 to notch its highest close since February. The Dow Jones Industrial Average (^DJI) fell 0.4% while the tech-heavy Nasdaq Composite (^IXIC) drifted up 0.4%. The focus is on high-level US-China trade talks that began in London on Monday, after a phone call between President Trump and Chinese President Xi last week. Read more: The latest on Trump's tariffs The stakes are high amid warnings that tariff barriers will harm economies worldwide — the US in particular. Investors are looking for a revival of the momentum shown in the Geneva pact in mid-May. Relations have soured since then, with the US and China accusing each other of not keeping to the trade truce and ratcheting up pressures in other areas. For now, markets appear to have shaken off the volatility that has plagued markets following Trump's early-April tariff hikes. Stocks ended last week on a high note, as encouraging jobs data helped ease fears of a recession fueled by his policy overhaul. The economic highlight this week is May US consumer inflation print due on Friday, with the wholesale inflation report ushering it in on Thursday. On the corporate front, Apple (AAPL) kicks off its big annual WWDC developers conference on Monday. Wall Street is watching for more insight into the company's AI plans, though not on the lines of last year's splashy announcements. Meanwhile, investors are keeping a wary eye on escalating tensions in Los Angeles after Trump sent in the National Guard to deal with anti-deportation protests. Circle's stock (CRCL) surged for a third day in a row on Monday following its blockbuster IPO last week. Shares of the stablecoin issuer gained more than 15% to trade near $122 per share, raising the company's market cap to roughly $24 billion. The move follows gains on Thursday and Friday, when the stock rose as much as 200% shortly after its long-anticipated public market debut. Stocks edged higher on Monday amid hopes that US-China trade talks will ease tariff tensions and eventually lead to a permanent deal between the two leading economies. The S&P 500 (GSPC) rose to just above the flat line, after the broad benchmark closed on Friday at its highest level since February. The Dow Jones Industrial Average (^DJI) gained 0.1%, while the tech-heavy Nasdaq Composite (^IXIC) edged 0.2% higher. High-level trade talks between Beijing and Washington began in London on Monday. This follows a phone call between President Trump and Chinese leader Xi Jinping last week. Apple's annual Worldwide Developers Conference (WWDC) kicks off in Cupertino, Calif., today. While investors may get another taste of artificial intelligence features, including AI-powered Siri, Apple isn't expected to deliver any big announcements. The company will likely showcase new features and designs for iOS, iPadOS, macOS, and watchOS. There's always a chance it will debut a new piece of hardware too. Apple (AAPL) stock rose 0.5% in premarket trading ahead of the event. Read our tech editor's preview of everything to expect from Apple WWDC 2025. Robinhood (HOOD) stock slipped 4% after it didn't make it into the benchmark S&P 500 index as some speculated it might. S&P Dow Jones Indices did not make any changes to S&P 500 membership as part of its quarterly rebalancing. Reuters reports: Read more here. Shares of Warner Bros. Discovery (WBD) rose more than 6% in premarket trading on Monday after the media company said it would split into two companies. Warner Bros. will separate its studios and streaming business, which includes HBO Max, and its cable television networks, including CNN. The split is expected to be completed by mid-2026. Reuters reports: Read more here. Economic data: New York Fed one-year inflation expectations (May); Wholesale trade sales month-over-month (April) Earnings: Casey's (CASY) Here are some of the biggest stories you may have missed overnight and early this morning: All eyes on AI as Apple takes the stage for WWDC A quieter summer is coming for stocks: Wall Street experts Hopes for US-China thaw as trade talks resume Senate GOP to lay out major revisions to Trump's tax bill Resilient economy to limit summer pullback in stocks: MS, Goldman Meta is set to throw billions at startup that leads in AI data China exports to US fall by most since 2020 despite tariff truce Here are some top stocks trending on Yahoo Finance in premarket trading: Robinhood (HOOD) stock fell 5% before the bell on Monday after the S&P Dow Jones Indices made no changes to the S&P 500 in its quarterly rebalancing. Tesla (TSLA) stock also dropped on Monday in premarket trading after CEO Elon Musk criticized President Trump's tax bill. Strategy (MSTR) stock rose on Monday by 2%. A SEC filing revealed the company had purchased 705 bitcoin during the period of May 26 to June 1 at an aggregate purchase price of $75.1M. Wall Street strategists are growing optimistic about US stocks, with forecasters at Morgan Stanley (MS) and Goldman Sachs Group (GS) the latest to suggest resilient economic growth would limit any pullback over the summer. Bloomberg reports: Read more here. Circle's stock (CRCL) surged for a third day in a row on Monday following its blockbuster IPO last week. Shares of the stablecoin issuer gained more than 15% to trade near $122 per share, raising the company's market cap to roughly $24 billion. The move follows gains on Thursday and Friday, when the stock rose as much as 200% shortly after its long-anticipated public market debut. Stocks edged higher on Monday amid hopes that US-China trade talks will ease tariff tensions and eventually lead to a permanent deal between the two leading economies. The S&P 500 (GSPC) rose to just above the flat line, after the broad benchmark closed on Friday at its highest level since February. The Dow Jones Industrial Average (^DJI) gained 0.1%, while the tech-heavy Nasdaq Composite (^IXIC) edged 0.2% higher. High-level trade talks between Beijing and Washington began in London on Monday. This follows a phone call between President Trump and Chinese leader Xi Jinping last week. Apple's annual Worldwide Developers Conference (WWDC) kicks off in Cupertino, Calif., today. While investors may get another taste of artificial intelligence features, including AI-powered Siri, Apple isn't expected to deliver any big announcements. The company will likely showcase new features and designs for iOS, iPadOS, macOS, and watchOS. There's always a chance it will debut a new piece of hardware too. Apple (AAPL) stock rose 0.5% in premarket trading ahead of the event. Read our tech editor's preview of everything to expect from Apple WWDC 2025. Robinhood (HOOD) stock slipped 4% after it didn't make it into the benchmark S&P 500 index as some speculated it might. S&P Dow Jones Indices did not make any changes to S&P 500 membership as part of its quarterly rebalancing. Reuters reports: Read more here. Shares of Warner Bros. Discovery (WBD) rose more than 6% in premarket trading on Monday after the media company said it would split into two companies. Warner Bros. will separate its studios and streaming business, which includes HBO Max, and its cable television networks, including CNN. The split is expected to be completed by mid-2026. Reuters reports: Read more here. Economic data: New York Fed one-year inflation expectations (May); Wholesale trade sales month-over-month (April) Earnings: Casey's (CASY) Here are some of the biggest stories you may have missed overnight and early this morning: All eyes on AI as Apple takes the stage for WWDC A quieter summer is coming for stocks: Wall Street experts Hopes for US-China thaw as trade talks resume Senate GOP to lay out major revisions to Trump's tax bill Resilient economy to limit summer pullback in stocks: MS, Goldman Meta is set to throw billions at startup that leads in AI data China exports to US fall by most since 2020 despite tariff truce Here are some top stocks trending on Yahoo Finance in premarket trading: Robinhood (HOOD) stock fell 5% before the bell on Monday after the S&P Dow Jones Indices made no changes to the S&P 500 in its quarterly rebalancing. Tesla (TSLA) stock also dropped on Monday in premarket trading after CEO Elon Musk criticized President Trump's tax bill. Strategy (MSTR) stock rose on Monday by 2%. A SEC filing revealed the company had purchased 705 bitcoin during the period of May 26 to June 1 at an aggregate purchase price of $75.1M. Wall Street strategists are growing optimistic about US stocks, with forecasters at Morgan Stanley (MS) and Goldman Sachs Group (GS) the latest to suggest resilient economic growth would limit any pullback over the summer. Bloomberg reports: Read more here.
Business Insider
an hour ago
- Business Insider
US-China trade, inflation, Apple's big event: Here's what the stock market is watching this week
Investors will be monitoring a host of potentially market-moving events this week, with updates due on trade and inflation, while Apple kicks off a highly anticipated product event. Recession fears have edged down after the turmoil that racked markets earlier in the spring, but the market is still struggling with uncertainty regarding President Donald Trump's trade policies and their implications for the economy. While last week's jobs report showed a solid labor market, investors are monitoring how the inflation side of the Federal Reserve's dual mandate fares this week, and how it will influence the rate-cut outlook for the year. Meanwhile, Apple's Worldwide Developers Conference will provide insight into not only new software updates but also the future of the AI race among mega-cap tech companies. Here's what investors are watching this week. US-China trade talks After last week's phone call between Trump and Chinese president Xi Jinping, China and US trade officials are meeting in London on Monday for two days of trade negotiations. Last month's trade talks were key to calming recession fears and helped propel the S&P 500 to its highest levels since February, but concerns still remain. The biggest negotiation topic will be over China's exports of rare earth metals, which are critical components in manufacturing semiconductors, smartphones, and other technologies. Continued improvements in trade relations between the two countries will be critical to reducing volatility in the market and could shed clarity on the direction of tariff rates. CPI data The consumer price index for May will be released on Wednesday. Last month 's reading of 2.3% was fairly benign, but investors will continue to watch for signs of Trump's tariffs showing up in the hard data. Importantly, the reading will be key in determining the Fed's next move. The median forecast is for annual consumer inflation to have risen 2.5% last month. Meanwhile, expectations for the June 17 Fed meeting are for officials to keep interest rates unchanged. "The big surprise could be how little Trump's tariffs are boosting inflation despite upward pressures on prices-paid and prices-received indexes in the Fed's regional business surveys," wrote on Sunday. Yet, some strategists have predicted that inflation will pick up in the back half of this year, spurring stagflation concerns. Meanwhile, consumer sentiment will get a fresh reading on Friday. Sentiment has been low as Americans feel pessimistic about tariffs, though hard data that the Fed looks at has held up. Apple's Worldwide Developers Conference All eyes will be on Apple this week as it kicks off its annual Worldwide Developers Conference, where the company is expected to unveil new AI features embedded in iOS 19. The conference will be an opportunity for Apple to address several headwinds it has faced this year. "In a nutshell WWDC is a pivotal moment in Apple's future as the developers are the hearts and lungs of the Cupertino growth story with the Street being laser-focused on Apple today," Wedbush analyst Dan Ives wrote. The tech giant has trailed peers like Microsoft and Google in the AI race, and its stock has taken a beating this year as the worst-performing Magnificent Seven member, largely due to concerns about tariffs and iPhone production. Last month, Trump threatened a tariff of at least 25% on iPhones not made in the US. Investors will be looking for updates on Apple Intelligence as well, as the company's AI offering has been underwhelming to Wall Street. A key bond auction The US Treasury sells a lot of bonds, and usually the sale is unremarkable for markets. However, with deficit concerns running high as the GOP budget bill moves through Congress, a $22 billion auction of 30-year bonds on Thursday could move the market if demand appears weak. A weak sale of 20-year bonds last month rattled markets and sent yields surging, and all eyes are on this week's sale as a potential investor referendum on the sweeping tax and spending bill.
Yahoo
an hour ago
- Yahoo
S&P 500 above 6,000, US-China trade talks, Apple WWDC: 3 Things
Here are some of the things Wall Street is watching on Monday, June 9. The S&P 500 (^GSPC) is starting to close in on a new record higher, trading above 6,000. Trade talks between the US and China are resuming in London. Apple (AAPL) kicks off its annual WWDC event in California. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Let's get to the three things you need to know today. First up, US stock futures in the green this morning is the S&P 500 nears an all-time high. The benchmark stock index closing above the key 6,000 level in Friday's trading session, just 2% away from a new record. Investors seeking catalysts to continue to drive stock gains and Wall Street seeming hopeful. Morgan Stanley's Mike Wilson sees strong earnings supporting stocks, while Goldman Sachs points to a resilient economy to help drive equity gains. Plus the other big catalyst for investors, US trade talks with China here. Representatives from the world's two largest economies meeting today in London, following a call between President Trump and President Xi Jinping. The talks aim to resolve issues such as rare earth exports, tariffs, and restrictions on advanced technology. The talks come after both China and the US accused each other of violating a temporary trade truce. And we have Apple's worldwide developers conference kicking off today in Cupertino, California. Investors will closely watch for Apple's artificial intelligence strategy. Wall Street skeptical of the company's advances. Kicking off at 1:00 p.m. Eastern time, the keynote address is expected to introduce redesigned software interfaces for the iPhone, iPad, Mac, Apple TV, and Apple Watch, in addition to more minor tweaks to the Vision Pro headset. According to Bloomberg's Mark Gurman. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
