Celestica, Inc (NYSE:CLS) Shares Rebounded 70.78% From Their Lows – But Can They Continue?

In recent trading session, Celestica, Inc (NYSE:CLS) saw 1.69 million shares changing hands at last check today with its beta currently measuring 2.19. Company’s recent per share price level of $123.57 trading at -$8.01 or -6.09% at last check today assigns it a market valuation of $14.38B. That most recent trading price of CLS’s stock is at a discount of -16.75% from its 52-week high price of $144.27 and is indicating a premium of 70.78% from its 52-week low price of $36.11.

For Celestica, Inc (CLS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.46. Splitting up the data highlights that, out of 9 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.12 in the current quarter.

Celestica, Inc (NYSE:CLS) trade information

Upright in the red during last session for losing -6.09%, in the last five days CLS remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $123.57 price level, adding 10.39% to its value on the day. Celestica, Inc’s shares saw a change of 33.88% in year-to-date performance and have moved -4.45% in past 5-day. Celestica, Inc (NYSE:CLS) showed a performance of 4.63% in past 30-days.

Wall Street analysts have assigned a consensus price target of 140 to the stock, which implies a rise of 11.74% to its recent value today. Analysts have been projecting 72 as a low price target for the stock while placing it at a high target of 140. It follows that stock’s current price would jump 41.73% in reaching the projected high whereas dropping to the targeted low would mean a gain of 41.73% for stock’s current value.

Celestica, Inc (CLS) estimates and forecasts

This year revenue growth is estimated to rise 12.11% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.56B for the same. And 7 analysts are in estimates of company making revenue of 2.6B in the next quarter. Company posted 2.21B and 2.39B of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 46.52% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 24.19% while estimates for its earnings growth in next 5 years are of 20.02%.

Celestica, Inc (NYSE:CLS)’s Major holders

CAUSEWAY CAPITAL MANAGEMENT LLC is the top institutional holder at CLS for having 0.24 million shares of worth $13.64 million. And as of 2024-06-30, it was holding 0.2005 of the company’s outstanding shares.

The second largest institutional holder is CALDWELL INVESTMENT MANAGEMENT LTD., which was holding about 0.12 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.1052 of outstanding shares, having a total worth of $7.15 million.

On the other hand, Vanguard International Stock Index-Total Intl Stock Indx and DFA International Small Cap Value Portfolio are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024, the former fund manager was holding 1.64 shares of worth $202.43 million or 1.42% of the total outstanding shares. The later fund manager was in possession of 1.24 shares on Oct 31, 2024, making its stake of worth around $152.7 million in the company or a holder of 1.07% of company’s stock.