In today’s recent session, 1.35 million shares of the Celestica, Inc (NYSE:CLS) have been traded, and its beta is 2.19. Most recently the company’s share price was $129.43, and it changed around -$0.27 or -0.21% from the last close, which brings the market valuation of the company to $15.06B. CLS at last check was trading at a discount to its 52-week high of $144.27, offering almost -11.47% off that amount. The share price’s 52-week low was $36.00, which indicates that the recent value has risen by an impressive 72.19% since then. We note from Celestica, Inc’s average daily trading volume that its 10-day average is 9.18 million shares, with the 3-month average coming to 3.39 million.
Celestica, Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.43. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 1 recommended CLS as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight. Celestica, Inc is expected to report earnings per share of 1.12 for the current quarter.
Celestica, Inc (NYSE:CLS) trade information
Instantly CLS has been showing red trend so far today with a performance of -0.21% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 144.27 on recent trading dayincreased the stock’s daily price by 10.29%. The company’s shares are currently up 40.22% year-to-date, but still up 7.07% over the last five days. On the other hand, Celestica, Inc (NYSE:CLS) is 26.31% up in the 30-day period. We can see from the shorts that 2.71 million shares have been sold at a short interest cover period of 1.43 day(s).
The consensus price target as assigned by Wall Street analysts is $140, which translates to bulls needing to increase their stock price by 7.55% from its current value. Analyst projections state that CLS is forecast to be at a low of $72 and a high of $140.
Celestica, Inc (CLS) estimates and forecasts
The year-over-year growth rate is expected to be 12.22%, up from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of 2.56B in revenue for the current quarter. 7 analysts expect Celestica, Inc to make 2.6B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.21B and 2.39B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 16.00%. Forecasts for the next quarter put sales growth at 8.77%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 46.52%.
CLS Dividends
Celestica, Inc’s next quarterly earnings report is expected to be released in March.
Celestica, Inc (NYSE:CLS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.04% of Celestica, Inc shares, and 78.94% of them are in the hands of institutional investors. The stock currently has a share float of 79.77%. Celestica, Inc stock is held by 538.0 institutions, with CAUSEWAY CAPITAL MANAGEMENT LLC being the largest institutional investor. By 2024-06-30, it held 0.2001% of the shares, which is about 0.24 million shares worth $13.64 million.
CALDWELL INVESTMENT MANAGEMENT LTD., with 0.105% or 0.12 million shares worth $7.15 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard International Stock Index-Total Intl Stock Indx and DFA International Small Cap Value Portfolio were the top two Mutual Funds as of Oct 31, 2024. The former held 1.64 shares worth $212.68 million, making up 1.42% of all outstanding shares. On the other hand, DFA International Small Cap Value Portfolio held roughly 1.24 shares worth around $160.44 million, which represents about 1.07% of the total shares outstanding.
