Celestica, Inc (NYSE: CLS) is 0.83% higher on its value in year-to-date trading and has touched a low of $26.62 and a high of $100.51 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 $92.30 in the last trading session, with the day’s gains setting it 0.77%.
Currently trading at $93.07, the stock is -0.99% and 9.58% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing 0.83% at the moment leaves the stock 55.78% off its SMA200. CLS registered 229.22% gain for a year compared to 6-month gain of 59.01%. The firm has a 50-day simple moving average (SMA 50) of $84.9298 and a 200-day simple moving average (SMA200) of $59.74635.
The stock witnessed a 9.55% loss in the last 1 month and extending the period to 3 months gives it a 84.85%, and is -4.57% down 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 3.56% over the week and 4.62% over the month.
Celestica, Inc (CLS) has around 26554 employees, a market worth around $10.83B and $9.24B in sales. Current P/E ratio is 29.43 and Fwd P/E is 20.88. Profit margin for the company is 4.08%. Distance from 52-week low is 249.62% and -7.40% from its 52-week high. The company has generated returns on investments over the last 12 months (13.95%).
The EPS is expected to grow by 58.62% this year
519.0 institutions hold shares in Celestica, Inc (CLS), with institutional investors hold 80.42% of the company’s shares. The shares outstanding are 118.60M, and float is at 115.60M with Short Float at 2.53%. Institutions hold 79.59% 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
Still, SEC filings show that on Dec 02 ’24, Mandeep Chawla (Officer) Proposed Sale 20,884 shares at an average price of $86.67 for $1.81 million. The insider now directly holds shares of Celestica, Inc (CLS).
