Celestica, Inc (NYSE:CLS) has a beta value of 1.79 and has seen 0.92 million shares traded in the recent trading session. The company, currently valued at $18.64B, closed the recent trade at $162.07 per share which meant it lost -$0.17 on the day or -0.10% during that session. The CLS stock price is -1.16% off its 52-week high price of $163.95 and 75.17% 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 3.14 million shares traded. The 3-month trading volume is 3.69 million shares.
The consensus among analysts is that Celestica, Inc (CLS) is Buy stock at the moment, with a recommendation rating of 1.25. 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.
Celestica, Inc (NYSE:CLS) trade information
Sporting -0.10% in the red today, 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 $162.07 or saw a rise of 2.27%. Year-to-date, Celestica, Inc shares have moved 172.49%, while the 5-day performance has seen it change 4.09%. Over the past 30 days, the shares of Celestica, Inc (NYSE:CLS) have changed 23.98%. Short interest in the company has seen 4.05 million shares shorted with days to cover at 1.12.
Wall Street analysts have a consensus price target for the stock at $140, which means that the shares’ value could drop -15.76% from the levels at last check today.. The projected low price target is $140.0 while the price target rests at a high of $140.0. In that case, then, we find that the latest price level in today’s session is 13.62% off the targeted high while a plunge would see the stock lose 13.62% from the levels at last check today..
Celestica, Inc (CLS) estimates and forecasts
The company’s shares have gained 56.38% over the past 6 months.
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 30.66% while over the next 5 years, the company’s earnings are expected to increase by 23.86%.
CLS Dividends
Celestica, Inc is expected to release its next earnings report on 2025-Apr-24 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 0.52% of the company shares, while shares held by institutions stand at 77.29% with a share float percentage of 77.69%. Investors are also buoyed by the number of investors in a company, with Celestica, Inc having a total of 700.0 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.
