Celestica, Inc (NYSE:CLS) has a beta value of 1.60 and has seen 3.26 million shares traded in the last trading session. The company, currently valued at $9.35B, closed the last trade at $80.59 per share which meant it lost -$3.45 on the day or -4.11% during that session. The CLS stock price is -79.02% off its 52-week high price of $144.27 and 50.06% above the 52-week low of $40.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.7 million shares traded. The 3-month trading volume is 5.53 million shares.
The consensus among analysts is that Celestica, Inc (CLS) is Buy stock at the moment, with a recommendation rating of 1.47. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 9 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 1.11.
Celestica, Inc (NYSE:CLS) trade information
Sporting -4.11% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CLS stock price touched $80.59 or saw a rise of 6.4%. Year-to-date, Celestica, Inc shares have moved -12.69%, while the 5-day performance has seen it change 1.85%. Over the past 30 days, the shares of Celestica, Inc (NYSE:CLS) have changed -15.74%. Short interest in the company has seen 3.15 million shares shorted with days to cover at 0.66.
Wall Street analysts have a consensus price target for the stock at $140, which means that the shares’ value could jump 42.44% from current levels. The projected low price target is $72.0 while the price target rests at a high of $140.0. In that case, then, we find that the current price level is -73.72% off the targeted high while a plunge would see the stock lose 10.66% from current levels.
Celestica, Inc (CLS) estimates and forecasts
The company’s shares have gained 37.95% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 12.13%.
8 analysts offering their estimates for the company have set an average revenue estimate of 2.56B for the current quarter. 8 have an estimated revenue figure of 2.61B for the next ending quarter. Year-ago sales stood 2.21B and 2.39B respectively for this quarter and the next, and analysts expect sales will grow by 15.78% for the current quarter and 12.13% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 46.52% over the past 5 years. Earnings growth for 2025 is a modest 24.15% while over the next 5 years, the company’s earnings are expected to increase by 21.76%.
CLS Dividends
Celestica, Inc is expected to release its next earnings report on 2025-Jan-29 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Celestica, Inc (NYSE:CLS)’s Major holders
Insiders own 0.98% of the company shares, while shares held by institutions stand at 79.27% with a share float percentage of 80.05%. Investors are also buoyed by the number of investors in a company, with Celestica, Inc having a total of 632.0 institutions that hold shares in the company. The top two institutional holders are FMR LLC with over 9.25 million shares worth more than $529.93 million. As of 2024-06-30, FMR LLC held 7.7886% of shares outstanding.
The other major institutional holder is WHALE ROCK CAPITAL MANAGEMENT LLC, with the holding of over 7.49 million shares as of 2024-06-30. The firm’s total holdings are worth over $429.52 million and represent 6.3065% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund and Fidelity Securities Fund-Fidelity Blue Chip Growth Fund . As of Jan 31, 2025 , the former fund manager holds about 1.40% shares in the company for having 1.62 shares of worth $130.42 million while later fund manager owns 1.56 shares of worth $125.76 million as of Feb 28, 2025 , which makes it owner of about 1.35% of company’s outstanding stock.
