Celestica, Inc (NYSE: CLS) is 2.36% higher on its value in year-to-date trading and has touched a low of $31.82 and a high of $131.23 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 $87.36 in the last trading session, with the day’s gains setting it 7.12%.
Currently trading at $94.48, the stock is -9.03% and -1.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.51 million and changing 8.15% at the moment leaves the stock 46.42% off its SMA200. CLS registered 197.86% gain for a year compared to 6-month gain of 79.38%. The firm has a 50-day simple moving average (SMA 50) of $95.623 and a 200-day simple moving average (SMA200) of $64.5289.
The stock witnessed a -3.13% loss in the last 1 month and extending the period to 3 months gives it a 39.06%, and is -20.00% 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 9.52% over the week and 5.57% over the month.
Celestica, Inc (CLS) has around 26554 employees, a market worth around $10.99B and $9.24B in sales. Current P/E ratio is 29.88 and Fwd P/E is 21.11. Profit margin for the company is 4.08%. Distance from 52-week low is 196.92% and -28.00% from its 52-week high. The company has generated returns on investments over the last 12 months (13.95%).
with sales reaching $2.53B over the same period.The EPS is expected to grow by 59.16% this year, but quarterly earnings will post 21.02% year-over-year. Quarterly sales are estimated to grow 18.35% in year-over-year returns.
Celestica, Inc (CLS) Top Institutional Holders
535.0 institutions hold shares in Celestica, Inc (CLS), with institutional investors hold 80.12% of the company’s shares. The shares outstanding are 118.60M, and float is at 115.62M with Short Float at 2.08%. Institutions hold 79.29% 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
The most recent transaction is an insider sale by Wilson Michael, the company’s Director. SEC filings show that Wilson Michael sold 25,000 shares of the company’s common stock on Jan 06 ’25 at a price of $98.73 per share for a total of $2.47 million. Following the sale, the insider now owns 1784.0 shares.
Still, SEC filings show that on Dec 02 ’24, Leila Wong (Chief Human Resources Officer) Proposed Sale 4,552 shares at an average price of $86.67 for $0.39 million. The insider now directly holds shares of Celestica, Inc (CLS).
