Should I buy or sell Celestica stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Celestica in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CLS shares. View CLS analyst ratings or view top-rated stocks .

What is Celestica's stock price target for 2024?

8 brokerages have issued 12-month price targets for Celestica's shares. Their CLS share price targets range from $23.00 to $41.00. On average, they anticipate the company's share price to reach $33.88 in the next twelve months. This suggests that the stock has a possible downside of 23.8%. View analysts price targets for CLS or view top-rated stocks among Wall Street analysts .

How have CLS shares performed in 2024?

Celestica's stock was trading at $29.28 at the start of the year. Since then, CLS stock has increased by 51.9% and is now trading at $44.48. View the best growth stocks for 2024 here .

When is Celestica's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our CLS earnings forecast .

How can I listen to Celestica's earnings call?

Celestica will be holding an earnings conference call on Thursday, April 25th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Celestica's earnings last quarter?

Celestica Inc. (NYSE:CLS) issued its quarterly earnings results on Monday, January, 29th. The technology company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.68 by $0.08. The technology company earned $2.14 billion during the quarter, compared to the consensus estimate of $2.08 billion. Celestica had a net margin of 3.07% and a trailing twelve-month return on equity of 17.09%.

What ETFs hold Celestica's stock?

ETFs with the largest weight of Celestica (NYSE:CLS) stock in their portfolio include Thrivent Small-Mid Cap ESG ETF (TSME) , Invesco DWA Developed Markets Momentum ETF (PIZ) , AB Disruptors ETF (FWD) , Vident International Equity Strategy ETF (VIDI) , iShares International Small Cap Equity Factor ETF (ISCF) , Pacer Industrials and Logistics ETF (SHPP) , FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) and Avantis International Small Cap Equity ETF (AVDS) .

What guidance has Celestica issued on next quarter's earnings?

Celestica updated its FY 2024 earnings guidance on Wednesday, January, 31st. The company provided earnings per share (EPS) guidance of 2.700- for the period, compared to the consensus EPS estimate of 2.710. The company issued revenue guidance of $8.5 billion-, compared to the consensus revenue estimate of $8.5 billion.

What is Rob Mionis' approval rating as Celestica's CEO?

94 employees have rated Celestica Chief Executive Officer Rob Mionis on Glassdoor.com . Rob Mionis has an approval rating of 63% among the company's employees. This puts Rob Mionis in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Celestica own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Celestica investors own include Aurora Cannabis (ACB) , Quantum (QTM) , Ballard Power Systems (BLDP) , Portland General Electric (POR) , NVIDIA (NVDA) , Shopify (SHOP) , AT&T (T) , Advanced Micro Devices (AMD) , Walt Disney (DIS) and Freeport-McMoRan (FCX) .

Who are Celestica's major shareholders?

Celestica's stock is owned by many different institutional and retail investors. Top institutional shareholders include Guyasuta Investment Advisors Inc. (0.10%), Oliver Luxxe Assets LLC (0.06%), DGS Capital Management LLC (0.06%), Carolina Wealth Advisors LLC (0.04%), Ausbil Investment Management Ltd (0.03%) and Enterprise Bank & Trust Co (0.00%).

How do I buy shares of Celestica?

Shares of CLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:CLS

Celestica (CLS) Stock Price, News & Analysis

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$43.74

-0.88 (-1.97%)

(As of 01:28 PM ET)

Compare

Today's Range: $43.61
▼
$45.31
50-Day Range: $37.22
▼
$49.44
52-Week Range: $10.50
▼
$51.12

Volume: 804,051 shs
Average Volume: 2.15 million shs
Market Capitalization: $5.22 billion

P/E Ratio: 21.55
Dividend Yield: N/A
Price Target: $33.88

Get Celestica alerts:

Celestica MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 23.8% Downside
$33.88 Price Target
Short Interest: Healthy
3.95% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.60
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 12.74%
From $2.59 to $2.92 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.83 out of 5 stars

Computer And Technology Sector

322nd out of 585 stocks

Printed Circuit Boards Industry

8th out of 10 stocks

2.4

Analyst's Opinion

Consensus Rating
Celestica has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Celestica has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
3.95% of the float of Celestica has been sold short.
Short Interest Ratio / Days to Cover
Celestica has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Celestica has recently decreased by 4.91%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Celestica does not currently pay a dividend.
Dividend Growth
Celestica does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CLS.

2.6

News and Social Media Coverage

News Sentiment
Celestica has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Celestica this week, compared to 3 articles on an average week.
Search Interest
Only 35 people have searched for CLS on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.
MarketBeat Follows
Only 25 people have added Celestica to their MarketBeat watchlist in the last 30 days. This is a decrease of -11% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Celestica insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Celestica is held by insiders.
Percentage Held by Institutions
67.38% of the stock of Celestica is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Celestica are expected to grow by 12.74% in the coming year, from $2.59 to $2.92 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Celestica is 21.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of Celestica is 21.91, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 233.56.
Price to Book Value per Share Ratio
Celestica has a P/B Ratio of 2.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Celestica Stock (NYSE:CLS)

Celestica Inc. provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services. It also provides hardware platform solutions, which includes development of infrastructure platforms, and hardware and software design solutions and services which is used as-is or customized for specific applications; and management of program including design and supply chain, manufacturing, and after-market support, including IT asset disposition and asset management services. The company offers its products and services to original equipment manufacturers, cloud-based, and other service providers, including hyperscalers, and other companies in aerospace and defense, industrial, HealthTech, capital equipment, and communication and enterprise markets. Celestica Inc. was incorporated in 1994 and is headquartered in Toronto, Canada.

CLS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CLS Stock News Headlines

April 17, 2024 | americanbankingnews.com

Celestica (CLS) Set to Announce Quarterly Earnings on Wednesday

April 16, 2024 | msn.com

Celestica Stock (NYSE:CLS): Up 264%, This AI-Play Could Gain Much More

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April 12, 2024 | investorplace.com

Wall Street Favorites: 3 Tech Stocks With Strong Buy Ratings for April 2024

April 12, 2024 | americanbankingnews.com

Celestica Inc. (NYSE:CLS) Given Average Recommendation of "Moderate Buy" by Analysts

April 18, 2024 | Priority Gold (Ad)

Biden to Launch “FedNOW” [Move Your Money Now]

April 9, 2024 | americanbankingnews.com

Celestica Sees Unusually Large Options Volume (NYSE:CLS)

April 6, 2024 | finance.yahoo.com

Celestica (TSE:CLS) stock performs better than its underlying earnings growth over last three years

April 3, 2024 | globenewswire.com

Celestica Q1 2024 Financial Results and Conference Call Thursday, April 25, 2024

April 2, 2024 | investorplace.com

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March 29, 2024 | nasdaq.com

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March 22, 2024 | seekingalpha.com

Celestica's Guidance Potentially Implies Fading Hyperscaler Strength

March 20, 2024 | sg.finance.yahoo.com

CLS Jun 2026 70.000 call

March 20, 2024 | finance.yahoo.com

CLS Oct 2024 70.000 call

March 19, 2024 | seekingalpha.com

Celestica Stock May Be The Ultimate GARP Stock To Buy Today

March 18, 2024 | investorplace.com

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March 18, 2024 | seekingalpha.com

Celestica: AI Wave Caution

March 18, 2024 | msn.com

Europe's start-ups turn to increasingly complex debt deals as cash dries up

March 18, 2024 | ca.finance.yahoo.com

Daimler Buses aims for ambitious margin target from 2025

March 18, 2024 | ca.finance.yahoo.com

Tata Communications Recognized by Frost & Sullivan for Excellence in Next-gen Connectivity and Unified Communications

March 17, 2024 | finance.yahoo.com

CLS Sep 2024 70.000 call

March 15, 2024 | investorplace.com

March Market Madness: 3 Stocks That Are a Slam-Dunk for Your Portfolio

March 12, 2024 | ca.investing.com

TSX notches highest close since April 2022

March 12, 2024 | fool.ca

Where Will Celestica Stock Be in 3 Years?

See More Headlines

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Company Calendar

Last Earnings: 1/29/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/24/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Printed circuit boards
Sub-Industry: N/A
Current Symbol: NYSE:CLS
CUSIP: N/A
CIK: 1030894
Web: www.celestica.com
Phone: (416) 448-5800
Fax: 416-448-2280
Employees: 26,554
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $33.88
High Stock Price Target: $41.00
Low Stock Price Target: $23.00
Potential Upside/Downside: -24.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.88
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.03
Trailing P/E Ratio: 21.98
Forward P/E Ratio: 17.23
P/E Growth: N/A
Net Income: $244.60 million
Net Margins: 3.07%
Pretax Margin: 3.85%
Return on Equity: 17.09%
Return on Assets: 5.17%

Debt

Debt-to-Equity Ratio: 0.41
Current Ratio: 1.40
Quick Ratio: 0.75

Sales & Book Value

Annual Sales: $7.96 billion
Price / Sales: 0.67
Cash Flow: $3.72 per share
Price / Cash Flow: 12.01
Book Value: $14.87 per share
Price / Book: 3.00

Miscellaneous

Outstanding Shares: 119,260,000
Free Float: 118,064,000
Market Cap: $5.32 billion
Optionable: Optionable
Beta: 2.22

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Key Executives

Mr. Robert Andrew Mionis (Age 61)
President, CEO & Director
Comp: $4.01M
Mr. Mandeep Chawla (Age 47)
Chief Financial Officer
Comp: $1.77M
Mr. Yann Louis Etienvre (Age 50)
Chief Operations Officer
Comp: $1.28M
Mr. Jason Phillips (Age 49)
President of Connectivity & Cloud Solutions
Comp: $1.33M
Mr. Todd C. Cooper (Age 54)
President of Advanced Technology Solutions
Comp: $1.23M
Mr. Douglas M. Parker (Age 53)
Chief Legal Officer & Corporate Secretary
Mr. Craig Oberg
Vice President of Investor Relations & Corporate Development
Ms. Leila Wong
Chief Human Resources Officer
Mr. Gavin Cato (Age 56)
Head & CTO of Hardware Platform Solutions
Mr. Paul Carpino
Vice President of Investor Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CLS Stock Analysis - Frequently Asked Questions

Should I buy or sell Celestica stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Celestica in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CLS shares.
View CLS analyst ratings or view top-rated stocks.
What is Celestica's stock price target for 2024?: 8 brokerages have issued 12-month price targets for Celestica's shares. Their CLS share price targets range from $23.00 to $41.00. On average, they anticipate the company's share price to reach $33.88 in the next twelve months. This suggests that the stock has a possible downside of 23.8%.
View analysts price targets for CLS or view top-rated stocks among Wall Street analysts.
How have CLS shares performed in 2024?: Celestica's stock was trading at $29.28 at the start of the year. Since then, CLS stock has increased by 51.9% and is now trading at $44.48.
View the best growth stocks for 2024 here.
When is Celestica's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our CLS earnings forecast.
How can I listen to Celestica's earnings call?: Celestica will be holding an earnings conference call on Thursday, April 25th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Celestica's earnings last quarter?: Celestica Inc. (NYSE:CLS) issued its quarterly earnings results on Monday, January, 29th. The technology company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.68 by $0.08. The technology company earned $2.14 billion during the quarter, compared to the consensus estimate of $2.08 billion. Celestica had a net margin of 3.07% and a trailing twelve-month return on equity of 17.09%.

What ETFs hold Celestica's stock?: ETFs with the largest weight of Celestica (NYSE:CLS) stock in their portfolio include Thrivent Small-Mid Cap ESG ETF (TSME), Invesco DWA Developed Markets Momentum ETF (PIZ), AB Disruptors ETF (FWD), Vident International Equity Strategy ETF (VIDI), iShares International Small Cap Equity Factor ETF (ISCF), Pacer Industrials and Logistics ETF (SHPP), FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) and Avantis International Small Cap Equity ETF (AVDS).
What guidance has Celestica issued on next quarter's earnings?: Celestica updated its FY 2024 earnings guidance on Wednesday, January, 31st. The company provided earnings per share (EPS) guidance of 2.700- for the period, compared to the consensus EPS estimate of 2.710. The company issued revenue guidance of $8.5 billion-, compared to the consensus revenue estimate of $8.5 billion.
What is Rob Mionis' approval rating as Celestica's CEO?: 94 employees have rated Celestica Chief Executive Officer Rob Mionis on Glassdoor.com. Rob Mionis has an approval rating of 63% among the company's employees. This puts Rob Mionis in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Celestica own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Celestica investors own include Aurora Cannabis (ACB), Quantum (QTM), Ballard Power Systems (BLDP), Portland General Electric (POR), NVIDIA (NVDA), Shopify (SHOP), AT&T (T), Advanced Micro Devices (AMD), Walt Disney (DIS) and Freeport-McMoRan (FCX).
Who are Celestica's major shareholders?: Celestica's stock is owned by many different institutional and retail investors. Top institutional shareholders include Guyasuta Investment Advisors Inc. (0.10%), Oliver Luxxe Assets LLC (0.06%), DGS Capital Management LLC (0.06%), Carolina Wealth Advisors LLC (0.04%), Ausbil Investment Management Ltd (0.03%) and Enterprise Bank & Trust Co (0.00%).
How do I buy shares of Celestica?: Shares of CLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CLS) was last updated on 4/18/2024 by MarketBeat.com Staff

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