In last trading session, Celestica, Inc (NYSE:CLS) saw 5.67 million shares changing hands with its beta currently measuring 2.06. Company’s recent per share price level of $89.58 trading at $2.99 or 3.45% at ring of the bell on the day assigns it a market valuation of $10.39B. That closing price of CLS’s stock is at a discount of -61.05% from its 52-week high price of $144.27 and is indicating a premium of 55.07% from its 52-week low price of $40.25. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.08 million shares which gives us an average trading volume of 4.38 million if we extend that period to 3-months.
For Celestica, Inc (CLS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.47. 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 1.11 in the current quarter.
Celestica, Inc (NYSE:CLS) trade information
Upright in the green during last session for gaining 3.45%, in the last five days CLS remained trading in the red while hitting it’s week-highest on Wednesday, 03/12/25 when the stock touched $89.58 price level, adding 3.36% to its value on the day. Celestica, Inc’s shares saw a change of -2.95% in year-to-date performance and have moved -1.51% in past 5-day. Celestica, Inc (NYSE:CLS) showed a performance of -31.21% in past 30-days. Number of shares sold short was 2.63 million shares which calculate 0.45 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 140 to the stock, which implies a rise of 36.01% 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 19.62% in reaching the projected high whereas dropping to the targeted low would mean a gain of 19.62% for stock’s current value.
Celestica, Inc (CLS) estimates and forecasts
This year revenue growth is estimated to rise 12.22% from the last financial year’s standing.
8 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 8 analysts are in estimates of company making revenue of 2.61B 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 24.26% while estimates for its earnings growth in next 5 years are of 22.05%.
Celestica, Inc (NYSE:CLS)’s Major holders
Insiders are in possession of 0.99% of company’s total shares while institution are holding 80.29 percent of that, with stock having share float percentage of 81.09%. Investors also watch the number of corporate investors in a company very closely, which is 80.29% institutions for Celestica, Inc that are currently holding shares of the company. WHALE ROCK CAPITAL MANAGEMENT LLC is the top institutional holder at CLS for having 7.49 million shares of worth $429.52 million. And as of 2024-06-30, it was holding 6.3065 of the company’s outstanding shares.
The second largest institutional holder is CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD., which was holding about 5.32 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.4787 of outstanding shares, having a total worth of $304.73 million.
