Celestica, Inc (NYSE: CLS): Analyst View Points To Future Growth

Celestica, Inc (CLS) concluded trading on Wednesday at a closing price of $123.27, with 4.9 million shares of worth about $604.28 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 116.64% during that period and on January 22, 2025 the price saw a gain of about 4.38%. Currently the company’s common shares owned by public are about 118.60M shares, out of which, 115.62M shares are available for trading.

Stock saw a price change of 19.55% in past 5 days and over the past one month there was a price change of 33.83%. Year-to-date (YTD), CLS shares are showing a performance of 33.55% which increased to 298.93% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $30.40 but also hit the highest price of $119.77 during that period. The average intraday trading volume for Celestica, Inc shares is 2.38 million. The stock is currently trading 20.88% above its 20-day simple moving average (SMA20), while that difference is up 31.29% for SMA50 and it goes to 94.57% higher than SMA200.

Celestica, Inc (NYSE: CLS) currently have 118.60M outstanding shares and institutions hold larger chunk of about 76.25% of that.

The stock has a current market capitalization of $14.34B and its 3Y-monthly beta is at 2.28. PE ratio of stock for trailing 12 months is 38.98, while it has posted earnings per share of $3.16 in the same period. Its PEG reads 1.27 and has Quick Ratio of 0.87 while making debt-to-equity ratio of 0.52. 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 5.30% while standing at 4.58% over the month.

Analysts are in expectations that Celestica, Inc (CLS) stock would likely to be making an EPS of 1.04 in the current quarter, while forecast for next quarter EPS is 1.0 and it is 4.47 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.96 which is 1.09 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 0.76 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 58.78% while it is estimated to increase by 15.80% in next year. EPS is likely to grow at an annualized rate of 30.70% for next 5-years, compared to annual growth of 23.48% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on November 22, 2024 offering a Neutral rating for the stock and assigned a target price of $95 to it. Coverage by Barclays stated Celestica, Inc (CLS) stock as an Overweight in their note to investors on November 05, 2024, suggesting a price target of $91 for the stock. On September 09, 2024, Stifel Upgrade their recommendations, while on May 15, 2024, Fox Advisors Initiated their ratings for the stock with a price target of $60. Stock get a Neutral rating from CIBC on April 26, 2024.

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