Celestica, Inc (NYSE: CLS) is 189.04% higher on its value in year-to-date trading and has touched a low of $24.37 and a high of $86.36 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CLS stock was last observed hovering at around $85.85 in the last trading session, with the day’s loss setting it -1.22%.
Currently trading at $84.63, the stock is 22.97% and 46.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.39 million and changing -1.42% at the moment leaves the stock 65.79% off its SMA200. CLS registered 246.13% gain for a year compared to 6-month gain of 80.91%. The firm has a 50-day simple moving average (SMA 50) of $56.9892 and a 200-day simple moving average (SMA200) of $50.7824.
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The stock witnessed a 34.21% loss in the last 1 month and extending the period to 3 months gives it a 65.33%, and is 17.02% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.84% over the week and 4.36% over the month.
Celestica, Inc (CLS) has around 26554 employees, a market worth around $13.80B and $9.24B in sales. Current P/E ratio is 26.76 and Fwd P/E is 19.01. Profit margin for the company is 4.08%. Distance from 52-week low is 247.27% and -2.00% from its 52-week high. The company has generated returns on investments over the last 12 months (13.95%).
with sales reaching $2.51B over the same period.The EPS is expected to grow by 58.60% this year, but quarterly earnings will post 20.70% year-over-year. Quarterly sales are estimated to grow 17.10% in year-over-year returns.
Celestica, Inc (CLS) Top Institutional Holders
503.0 institutions hold shares in Celestica, Inc (CLS), with institutional investors hold 83.87% of the company’s shares. The shares outstanding are 119.00M, and float is at 115.54M with Short Float at 2.53%. Institutions hold 83.02% of the Float.
The top institutional shareholder in the company is CAUSEWAY CAPITAL MANAGEMENT LLC with over 0.24 million shares valued at $13.64 million. The investor’s holdings represent 0.2001% of the CLS Shares outstanding. As of 2024-06-30, the second largest holder is CALDWELL INVESTMENT MANAGEMENT LTD. with 0.12 million shares valued at $7.15 million to account for 0.105 of the shares outstanding. The other top investors are GUYASUTA INVESTMENT ADVISORS INC which holds 0.12 million shares representing 0.1013% and valued at over $3.53 million, while TD WATERHOUSE CANADA INC. holds 0.075 of the shares totaling 89278.0 with a market value of $5.81 million.
Celestica, Inc (CLS) Insider Activity
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Still, SEC filings show that on Oct 29 ’24, Leila Wong (Chief Human Resources Officer) Proposed Sale 600 shares at an average price of $70.30 for $42180.0. The insider now directly holds shares of Celestica, Inc (CLS).
