At the time of writing, Celestica, Inc [CLS] stock is trading at $72.32, up 2.99%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CLS shares have gain 2.87% over the last week, with a monthly amount glided 34.35%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Celestica, Inc [NYSE: CLS] stock has seen the most recent analyst activity on September 09, 2024, when Stifel upgraded its rating to a Buy but kept the price target unchanged to $58 for it. Previously, Fox Advisors started tracking the stock with Overweight rating on May 15, 2024, and set its price target to $60. On April 26, 2024, downgrade downgraded it’s rating to Neutral. TD Securities upgraded its rating to a Buy. RBC Capital Mkts upgraded its rating to a Outperform and raised its price target to $22 on July 28, 2023. CIBC upgraded its rating to Sector Outperform for this stock on July 28, 2023, and upped its price target to $25. In a note dated August 18, 2022, Argus upgraded an Buy rating on this stock but restated the target price of $14.
For the past year, the stock price of Celestica, Inc fluctuated between $24.37 and $71.56. Currently, Wall Street analysts expect the stock to reach $65.5 within the next 12 months. Celestica, Inc [NYSE: CLS] shares were valued at $72.32 at the most recent close of the market. An investor can expect a potential drop of -9.43% based on the average CLS price forecast.
Analyzing the CLS fundamentals
According to Celestica, Inc [NYSE:CLS], the company’s sales were 9.24B for trailing twelve months, which represents an 22.33% jump. 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 0.21 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.52.
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 70.97 points at the first support level, and at 69.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 73.43, and for the 2nd resistance point, it is at 74.53.
Ratios To Look Out For
It is important to note that Celestica, Inc [NYSE:CLS] has a current ratio of 1.47. Also, the Quick Ratio is 0.87, while the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 1.30, the price to book ratio is 4.71 and price to earnings (TTM) ratio is 22.87.
Transactions by insiders
Recent insider trading involved Leila Wong, Chief Human Resources Officer, that happened on Oct 29 ’24 when 600.0 shares were purchased. Officer, MIONIS ROBERT completed a deal on Oct 28 ’24 to buy 0.15 million shares.
