Celestica, Inc (CLS) stock expected to decline by -9.91%: What’s driving the pessimism?

At the time of writing, Celestica, Inc [CLS] stock is trading at $130.23, up 0.41%. 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 7.73% over the last week, with a monthly amount glided 27.09%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, CIBC upgraded its rating to Sector Outperform on January 31, 2025, and kept the price target unchanged to $150. On November 22, 2024, UBS initiated with a Neutral rating and assigned a price target of $95 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $91 on November 05, 2024. Stifel upgraded its rating to a Buy but $58 remained the price target by the analyst firm on September 09, 2024. Fox Advisors started tracking with a Overweight rating for this stock on May 15, 2024, and assigned it a price target of $60. In a note dated April 26, 2024, CIBC downgraded an Neutral rating on this stock.

For the past year, the stock price of Celestica, Inc fluctuated between $36.00 and $144.27. Currently, Wall Street analysts expect the stock to reach $117.33 within the next 12 months. Celestica, Inc [NYSE: CLS] shares were valued at $130.23 at the most recent close of the market. An investor can expect a potential drop of -9.91% based on the average CLS price forecast.

Analyzing the CLS fundamentals

According to Celestica, Inc [NYSE:CLS], the company’s sales were 9.65B for trailing twelve months, which represents an 18.93% jump. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.25 and Total Capital is 0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.35.

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 125.27 points at the first support level, and at 120.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 133.94, and for the 2nd resistance point, it is at 137.65.

Ratios To Look Out For

It is important to note that Celestica, Inc [NYSE:CLS] has a current ratio of 1.49. In addition, the Quick Ratio stands at 0.91 and the Cash Ratio stands at 0.14. Considering the valuation of this stock, the price to sales ratio is 1.57, the price to book ratio is 8.49 and price to earnings (TTM) ratio is 34.72.

Transactions by insiders

Recent insider trading involved Cooper Todd C, President, that happened on Feb 07 ’25 when 65000.0 shares were sold. Officer, Cooper Todd C completed a deal on Feb 07 ’25 to buy 65540.0 shares. Meanwhile, President & CEO MIONIS ROBERT sold 75000.0 shares on Feb 05 ’25.

Related Posts