Analysts Predict Celestica, Inc (NYSE:CLS) To Reach 140 In 12 Months

In last trading session, Celestica, Inc (NYSE:CLS) saw 4.62 million shares changing hands with its beta currently measuring 2.19. Company’s recent per share price level of $125.02 trading at -$6.56 or -4.99% at ring of the bell on the day assigns it a market valuation of $14.55B. That closing price of CLS’s stock is at a discount of -15.4% from its 52-week high price of $144.27 and is indicating a premium of 71.12% 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 -4.99%, 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 $125.02 price level, adding 9.33% to its value on the day. Celestica, Inc’s shares saw a change of 35.45% in year-to-date performance and have moved -3.33% in past 5-day. Celestica, Inc (NYSE:CLS) showed a performance of 5.86% in past 30-days.

Wall Street analysts have assigned a consensus price target of 140 to the stock, which implies a rise of 10.7% to its current value. 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 42.41% in reaching the projected high whereas dropping to the targeted low would mean a gain of 42.41% 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 $205.4 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 $154.95 million in the company or a holder of 1.07% of company’s stock.