Celestica, Inc (NYSE: CLS)’s Outlook Shocks Bears.

In today’s recent session, 0.65 million shares of the Celestica, Inc (NYSE:CLS) have been traded, and its beta is 1.67. Most recently the company’s share price was $91.98, and it changed around -$0.38 or -0.41% from the last close, which brings the market valuation of the company to $10.58B. CLS at last check was trading at a discount to its 52-week high of $144.27, offering almost -56.85% off that amount. The share price’s 52-week low was $40.25, which indicates that the recent value has risen by an impressive 56.24% since then.

Celestica, Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.27. If we narrow it down even further, the data shows that 0 out of 13 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 1 recommended CLS as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Celestica, Inc is expected to report earnings per share of 1.22 for the current quarter.

Celestica, Inc (NYSE:CLS) trade information

Instantly CLS has been showing red trend so far today with a performance of -0.41% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 96.63 on recent trading dayincreased the stock’s daily price by 4.81%. The company’s shares are currently down -0.35% year-to-date, but still up 5.66% over the last five days. On the other hand, Celestica, Inc (NYSE:CLS) is 39.05% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $140, which translates to bulls needing to increase their stock price by 34.3% from its current value. Analyst projections state that CLS is forecast to be at a low of $140 and a high of $140.

Celestica, Inc (CLS) estimates and forecasts

The year-over-year growth rate is expected to be 13.35%, up from the previous year.

Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 2.65B in revenue for the current quarter. 9 analysts expect Celestica, Inc to make 2.76B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.39B and 2.5B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 10.92%. Forecasts for the next quarter put sales growth at 10.33%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 46.52%. Celestica, Inc earnings are expected to increase by 29.77% in 2025, but the outlook is positive 22.86% per year for the next five years.

CLS Dividends

Celestica, Inc’s next quarterly earnings report is expected to be released in June.

WHALE ROCK CAPITAL MANAGEMENT LLC, with 6.3065% or 7.49 million shares worth $429.52 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund and Fidelity Securities Fund-Fidelity Blue Chip Growth Fund were the top two Mutual Funds as of Jan 31, 2025 . The former held 1.62 shares worth $149.14 million, making up 1.40% of all outstanding shares. On the other hand, Fidelity Securities Fund-Fidelity Blue Chip Growth Fund held roughly 1.56 shares worth around $143.82 million, which represents about 1.35% of the total shares outstanding.