Detailed Review Of Prospects For Celestica, Inc Stock

A share price of Celestica, Inc [CLS] is currently trading at $97.53, up 0.01%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CLS shares have gain 0.16% over the last week, with a monthly amount glided 9.88%, 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 22, 2024, when UBS initiated its Neutral rating and assigned the stock a price target of $95. Previously, Barclays started tracking the stock with Overweight rating on November 05, 2024, and set its price target to $91. On September 09, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $58 on the stock. Fox Advisors started tracking the stock assigning a Overweight rating and suggested a price target of $60 on May 15, 2024. CIBC downgraded its rating to a Neutral. TD Securities upgraded its rating to Buy for this stock on July 28, 2023. In a note dated July 28, 2023, RBC Capital Mkts upgraded an Outperform rating on this stock and boosted its target price from $14 to $22.

Celestica, Inc experienced fluctuations in its stock price throughout the past year between $26.62 and $100.51. Currently, Wall Street analysts expect the stock to reach $66.6 within the next 12 months. Celestica, Inc [NYSE: CLS] shares were valued at $97.53 at the most recent close of the market. An investor can expect a potential drop of -31.71% 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 96.49 points at the first support level, and at 95.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 98.92, and for the 2nd resistance point, it is at 100.30.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Celestica, Inc [NYSE:CLS] is 1.47. In addition, the Quick Ratio stands at 0.87 and the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 1.23, the price to book ratio is 6.39 and price to earnings (TTM) ratio is 30.98.

Transactions by insiders

Recent insider trading involved Robert A. Mionis, Officer, Director, that happened on Dec 02 ’24 when 77108.0 shares were purchased. Chief Human Resources Officer, Leila Wong completed a deal on Dec 02 ’24 to buy 4552.0 shares. Meanwhile, Officer Mandeep Chawla bought 20884.0 shares on Dec 02 ’24.

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