A share price of Celestica, Inc [CLS] is currently trading at $85.85, up 0.61%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CLS shares have gain 22.26% over the last week, with a monthly amount glided 40.16%, 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 November 05, 2024, when Barclays initiated its Overweight rating and assigned the stock a price target of $91. Previously, Stifel upgraded its rating to Buy on September 09, 2024, and kept the price target unchanged to $58. On May 15, 2024, Fox Advisors initiated with a Overweight rating and assigned a price target of $60 on the stock. CIBC downgraded its rating to a Neutral. TD Securities upgraded its rating to a Buy. RBC Capital Mkts upgraded its rating to Outperform for this stock on July 28, 2023, and upped its price target to $22. In a note dated July 28, 2023, CIBC upgraded an Sector Outperform rating on this stock and boosted its target price from $14 to $25.
Celestica, Inc experienced fluctuations in its stock price throughout the past year between $24.37 and $85.67. Currently, Wall Street analysts expect the stock to reach $65.5 within the next 12 months. Celestica, Inc [NYSE: CLS] shares were valued at $85.85 at the most recent close of the market. An investor can expect a potential drop of -23.7% based on the average CLS price forecast.
Analyzing the CLS fundamentals
Trailing Twelve Months sales for Celestica, Inc [NYSE:CLS] were 9.24B which represents 22.33% growth. 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 84.25 points at the first support level, and at 82.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 86.91, and for the 2nd resistance point, it is at 87.96.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Celestica, Inc [NYSE:CLS] is 1.47. As well, the Quick Ratio is 0.87, while the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 1.51, the price to book ratio is 5.60 and price to earnings (TTM) ratio is 27.15.
Transactions by insiders
Recent insider trading involved Jason Phillips, Officer, that happened on Nov 07 ’24 when 18000.0 shares were purchased. Officer, MIONIS ROBERT completed a deal on Nov 06 ’24 to buy 60000.0 shares. Meanwhile, Chief Human Resources Officer Leila Wong bought 600.0 shares on Oct 29 ’24.
