Currently, there are 116.36M common shares owned by the public and among those 115.62M shares have been available to trade.
The company’s stock has a 5-day price change of 38.37% and 73.23% over the past three months. CLS shares are trading 30.96% year to date (YTD), with the 12-month market performance up to 251.80% higher. It has a 12-month low price of $34.51 and touched a high of $133.66 over the same period. CLS has an average intraday trading volume of 3.03 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 11.83%, 23.06%, and 83.37% respectively.
Institutional ownership of Celestica, Inc (NYSE: CLS) shares accounts for 75.65% of the company’s 116.36M shares outstanding.
It has a market capitalization of $14.07B and a beta (3y monthly) value of 2.28. The stock’s trailing 12-month PE ratio is 32.23, while the earnings-per-share (ttm) stands at $3.75. The company has a PEG of 1.61 and a Quick Ratio of 0.91 with the debt-to-equity ratio at 0.42. Price movements for the stock have been influenced by the stock’s volatility, which stands at 9.76% over the week and 6.91% over the month.
Earnings per share for the fiscal year are expected to increase by 24.28%, and 20.95% over the next financial year. EPS should shrink at an annualized rate of 20.02% over the next five years, compared to 46.52% over the past 5-year period.
Looking at the support for the CLS, a number of firms have released research notes about the stock. CIBC stated their Sector Outperform rating for the stock in a research note on January 31, 2025, with the firm’s price target at $150. UBS coverage for the Celestica, Inc (CLS) stock in a research note released on November 22, 2024 offered a Neutral rating with a price target of $95. Barclays was of a view on November 05, 2024 that the stock is Overweight, while Stifel gave the stock Buy rating on September 09, 2024, issuing a price target of $58. Fox Advisors on their part issued Overweight rating on May 15, 2024.
