Celestica, Inc [CLS] stock prices are down -3.09% to $100.44 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The CLS shares have gain 3.63% over the last week, with a monthly amount glided 14.14%, and seem to be holding up well over a long-time horizon.
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.
The stock price of Celestica, Inc [CLS] has been fluctuating between $26.62 and $104.92 over the past year. Currently, Wall Street analysts expect the stock to reach $66.6 within the next 12 months. Celestica, Inc [NYSE: CLS] shares were valued at $100.44 at the most recent close of the market. An investor can expect a potential drop of -33.69% based on the average CLS price forecast.
Analyzing the CLS fundamentals
The Celestica, Inc [NYSE:CLS] reported sales of 9.24B for trailing twelve months, representing a surge of 22.33%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.52.
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 96.98 points at the first support level, and at 93.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 103.00, and for the 2nd resistance point, it is at 105.56.
Ratios To Look Out For
It’s worth pointing out that Celestica, Inc [NYSE:CLS]’s Current Ratio is 1.47. On the other hand, the Quick Ratio is 0.87, and the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 1.26, the price to book ratio is 6.55 and price to earnings (TTM) ratio is 31.76.
Transactions by insiders
Recent insider trading involved Wilson Michael, Director, that happened on Jan 06 ’25 when 25000.0 shares were sold. Officer, Director, Robert A. Mionis completed a deal on Dec 02 ’24 to buy 77108.0 shares. Meanwhile, Chief Human Resources Officer Leila Wong bought 4552.0 shares on Dec 02 ’24.
