Celestica, Inc (NYSE: CLS): To Buy Or Not To Buy, That Is The Question

Celestica, Inc (CLS) concluded trading on Wednesday at a closing price of $87.66, with 5.56 million shares of worth about $487.42 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 76.63% during that period and on March 26, 2025 the price saw a loss of about -9.97%. Currently the company’s common shares owned by public are about 116.36M shares, out of which, 115.37M shares are available for trading.

Stock saw a price change of -4.63% in past 5 days and over the past one month there was a price change of -17.39%. Year-to-date (YTD), CLS shares are showing a performance of -5.03% which increased to 86.39% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $40.25 but also hit the highest price of $144.27 during that period. The average intraday trading volume for Celestica, Inc shares is 4.60 million. The stock is currently trading -4.78% below its 20-day simple moving average (SMA20), while that difference is down -19.22% for SMA50 and it goes to 14.83% higher than SMA200.

Celestica, Inc (NYSE: CLS) currently have 116.36M outstanding shares and institutions hold larger chunk of about 78.05% of that.

The stock has a current market capitalization of $10.17B and its 3Y-monthly beta is at 2.03. PE ratio of stock for trailing 12 months is 24.28, while it has posted earnings per share of $3.61 in the same period. Its PEG reads 1.10 and has Quick Ratio of 0.91 while making debt-to-equity ratio of 0.42. 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 6.75% while standing at 7.51% over the month.

Stock’s fiscal year EPS is expected to rise by 24.26% while it is estimated to increase by 21.18% in next year. EPS is likely to shrink at an annualized rate of 22.05% for next 5-years, compared to annual growth of 46.52% 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 JP Morgan on February 21, 2025 offering an Overweight rating for the stock and assigned a target price of $166 to it. Coverage by Stifel stated Celestica, Inc (CLS) stock as a Buy in their note to investors on February 04, 2025, suggesting a price target of $140 for the stock. On January 31, 2025, CIBC Upgrade their recommendations, while on November 22, 2024, UBS Initiated their ratings for the stock with a price target of $95. Stock get an Overweight rating from Barclays on November 05, 2024.

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