Celestica, Inc (NYSE:CLS)’s traded shares stood at 5.08 million during the last session, with the company’s beta value hitting 2.22. At the close of trading, the stock’s price was $111.68, to imply an increase of 5.25% or $5.57 in intraday trading. The CLS share’s 52-week high remains $144.27, putting it -29.18% down since that peak but still an impressive 63.96% since price per share fell to its 52-week low of $40.25.
Analysts have given a consensus recommendation of Buy for Celestica, Inc (CLS), translating to a mean rating of 1.43. Of 9 analyst(s) looking at the stock, 0 analyst(s) give CLS a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 6 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 1.11.
Celestica, Inc (NYSE:CLS) trade information
After registering a 5.25% upside in the last session, Celestica, Inc (CLS) has traded red over the past five days. The 5-day price performance for the stock is -15.12%, and 27.84% over 30 days. With these gigs, the year-to-date price performance is 21.00%.
The extremes give us $72 and $140 for target low and target high price respectively. As such, CLS has been trading -25.36% off suggested target high and 35.53% from its likely low.
Celestica, Inc (CLS) estimates and forecasts
The rating firms project that company’s revenue will grow 12.20% compared to the previous financial year.
Revenue forecast for the current quarter as set by 8 analysts is 2.56B. Meanwhile, for the current quarter, a total of 8 analyst(s) estimate revenue growth to 2.61B.Earnings reports from the last fiscal year show that sales brought in 2.21B and 2.39B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 15.78% before jumping 9.11% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 46.52% for the past 5-year period. While 2025 is set for a 24.26% return in earnings, projections for the next 5 years are at 22.05% annually.
CLS Dividends
Celestica, Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Celestica, Inc (NYSE:CLS)’s Major holders
The next major institution holding the largest number of shares is CALDWELL INVESTMENT MANAGEMENT LTD. with 0.12 million shares, or about 0.1052% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $7.15 million.
