Celestica, Inc. [CLS] stock is trading at $59.17, up 2.69%. An important factor to consider is whether the stock is rising or falling in short-term value. The CLS shares have gain 3.21% over the last week, with a monthly amount glided 4.97%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Celestica, Inc. [NYSE: CLS] stock has seen the most recent analyst activity on May 15, 2024, when Fox Advisors initiated its Overweight rating and assigned the stock a price target of $60. Previously, CIBC downgraded its rating to Neutral on April 26, 2024. On July 28, 2023, upgrade upgraded it’s rating to Buy. RBC Capital Mkts upgraded its rating to a Outperform and increased its price target to $22 on July 28, 2023. CIBC upgraded its rating to a Sector Outperform and raised its price target to $25 on July 28, 2023. Argus upgraded its rating to Buy for this stock on August 18, 2022, but kept the price target unchanged to $14. In a note dated July 27, 2022, Citigroup upgraded an Neutral rating on this stock but restated the target price of $10.
Celestica, Inc. [CLS] stock has fluctuated between $14.37 and $61.06 over the past year. Currently, Wall Street analysts expect the stock to reach $55.5 within the next 12 months. Celestica, Inc. [NYSE: CLS] shares were valued at $59.17 at the most recent close of the market. An investor can expect a potential drop of -6.2% based on the average CLS price forecast.
Analyzing the CLS fundamentals
Celestica, Inc. [NYSE:CLS] reported sales of 8.33B for the trailing twelve months, which represents a growth of 20.19%. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.19 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.37.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 57.79 points at the first support level, and at 56.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 60.55, and for the 2nd resistance point, it is at 61.93.
Ratios To Look Out For
For context, Celestica, Inc.’s Current Ratio is 1.42. On the other hand, the Quick Ratio is 0.78, and the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 0.84, the price to book ratio is 4.12 and price to earnings (TTM) ratio is 22.00.
