In the latest trading session, 1.98 million Celestica, Inc (NYSE:CLS) shares changed hands as the company’s beta touched 2.20. With the company’s most recent per share price at $112.97 changed hands at -$6.28 or -5.27% at last look, the market valuation stands at $13.15B. CLS’s current price is a discount, trading about -27.71% off its 52-week high of $144.27. The share price had its 52-week low at $38.80, which suggests the last value was 65.65% up since then.
Analysts gave the Celestica, Inc (CLS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.43. If we narrow down to specifics, the data shows that 0 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended CLS as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight. Celestica, Inc’s EPS for the current quarter is expected to be 1.11.
Celestica, Inc (NYSE:CLS) trade information
Instantly CLS was in red as seen in intraday trades today. With action -14.46%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 22.39%, with the 5-day performance at -14.46% in the red. However, in the 30-day time frame, Celestica, Inc (NYSE:CLS) is -8.09% down.
The consensus price target for the stock as assigned by Wall Street analysts is 140, meaning bulls need an upside of 19.31% from its recent market value. According to analyst projections, CLS’s forecast low is 72 with 140 as the target high. To hit the forecast high, the stock’s price needs a -23.93% plunge from its current level, while the stock would need to tank 36.27% for it to hit the projected low.
Celestica, Inc (CLS) estimates and forecasts
Year-over-year growth is forecast to reach 12.20% up from the last financial year.
Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 2.56B. 8 analysts are of the opinion that Celestica, Inc’s revenue for the current quarter will be 2.61B. The company’s revenue for the corresponding quarters a year ago was 2.21B and 2.39B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 15.78%. The estimates for the next quarter sales put growth at 9.11%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 46.52%. The 2025 estimates are for Celestica, Inc earnings to increase by 24.26%, but the outlook for the next 5-year period is at 22.05% per year.
Celestica, Inc (NYSE:CLS)’s Major holders
CALDWELL INVESTMENT MANAGEMENT LTD. holds the second largest percentage of outstanding shares, with 0.1052% or 0.12 million shares worth $7.15 million as of 2024-06-30.
Among Mutual Funds, the top two as of Oct 31, 2024 were Vanguard International Stock Index-Total Intl Stock Indx and DFA International Small Cap Value Portfolio. With 1.64 shares estimated at $182.66 million under it, the former controlled 1.42% of total outstanding shares. On the other hand, DFA International Small Cap Value Portfolio held about 1.07% of the shares, roughly 1.24 shares worth around $137.79 million.
