Celestica, Inc. (CLS) concluded trading on Thursady at a closing price of $41.77, with 4.42 million shares of worth about $184.52 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 94.73% during that period and on Thursady the price saw a gain of about 12.28%. Currently the company’s common shares owned by public are about 118.95M shares, out of which, 117.30M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 69 times over the past 12 months. They bought 20,813,591 shares in 37 of the transactions. In 32 selling transactions, insiders dumped 21,059,283 shares.
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However, the stock later moved at a day high price of 41.80, or with a gain of 12.28%. Stock saw a price change of 6.77% in past 5 days and over the past one month there was a price change of 36.59%. Year-to-date (YTD), CLS shares are showing a performance of 42.66% which increased to 222.55% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.50 but also hit the highest price of $40.22 during that period. The average intraday trading volume for Celestica, Inc. shares is 1.96 million. The stock is currently trading 15.83% above its 20-day simple moving average (SMA20), while that difference is up 31.34% for SMA50 and it goes to 80.97% higher than SMA200.
Celestica, Inc. (NYSE: CLS) currently have 118.95M outstanding shares and institutions hold larger chunk of about 70.97% of that.
The stock has a current market capitalization of $4.97B and its 3Y-monthly beta is at 2.19. PE ratio of stock for trailing 12 months is 20.48, while it has posted earnings per share of $2.04 in the same period. Its PEG reads 0.76 and has Quick Ratio of 0.75 while making debt-to-equity ratio of 0.44. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CLS, volatility over the week remained 4.84% while standing at 4.33% over the month.
Analysts are in expectations that Celestica, Inc. (CLS) stock would likely to be making an EPS of $0.72 in the current quarter, while forecast for next quarter EPS is $0.71 and it is $3.19 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.71 which is $0.75 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.47 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 19.99% while it is estimated to increase by 9.46% in next year. EPS is likely to grow at an annualized rate of 26.80% for next 5-years, compared to annual growth of 23.48% made by the stock over the past 5-years.
Coverage by RBC Capital Mkts stated Celestica, Inc. (CLS) stock as an Outperform in their note to investors on July 28, 2023, suggesting a price target of $22 for the stock. On July 28, 2023, CIBC Upgrade their recommendations, while on August 18, 2022, Argus Upgrade their ratings for the stock with a price target of $14. Stock get a Neutral rating from Citigroup on July 27, 2022.
