Celestica, Inc (NYSE: CLS) is -6.19% lower on its value in year-to-date trading and has touched a low of $40.25 and a high of $144.27 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CLS stock was last observed hovering at around $81.15 in the last trading session, with the day’s gains setting it 5.44%.
Currently trading at $86.59, the stock is -20.57% and -21.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.82 million and changing 6.70% at the moment leaves the stock 16.47% off its SMA200. CLS registered 82.80% gain for a year compared to 6-month gain of 111.04%.
The stock witnessed a -33.24% loss in the last 1 month and extending the period to 3 months gives it a -5.96%, and is -4.02% 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 7.44% over the week and 8.11% over the month.
Celestica, Inc (CLS) has around 26865 employees, a market worth around $10.04B and $9.65B in sales. Current P/E ratio is 23.98 and Fwd P/E is 14.82. Profit margin for the company is 4.44%. Distance from 52-week low is 115.13% and -39.98% from its 52-week high. The company has generated returns on investments over the last 12 months (16.05%).
with sales reaching $2.56B over the same period.The EPS is expected to grow by 24.26% this year, but quarterly earnings will post 12.22% year-over-year. Quarterly sales are estimated to grow 15.78% in year-over-year returns.
Celestica, Inc (CLS) Top Institutional Holders
The shares outstanding are 116.36M, and float is at 115.37M with Short Float at 2.39%.
The top institutional shareholder in the company is WHALE ROCK CAPITAL MANAGEMENT LLC with over 7.49 million shares valued at $429.52 million. The investor’s holdings represent 6.3065% of the CLS Shares outstanding. As of 2024-06-30, the second largest holder is CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. with 5.32 million shares valued at $304.73 million to account for 4.4787 of the shares outstanding. The other top investors are ARROWSTREET CAPITAL, LIMITED PARTNERSHIP which holds 2.87 million shares representing 2.412% and valued at over $164.16 million, while WCM INVESTMENT MANAGEMENT, LLC holds 2.2273 of the shares totaling 2.65 million with a market value of $151.35 million.
Celestica, Inc (CLS) Insider Activity
The most recent transaction is an insider sale by Cooper Todd C, the company’s President. SEC filings show that Cooper Todd C sold 65,000 shares of the company’s common stock on Feb 07 ’25 at a price of $129.78 per share for a total of $8.44 million. Following the sale, the insider now owns 0.11 million shares.
Still, SEC filings show that on Feb 05 ’25, MIONIS ROBERT (President & CEO) disposed off 75,000 shares at an average price of $141.29 for $10.6 million. The insider now directly holds 456,417 shares of Celestica, Inc (CLS).
