Celestica, Inc (NYSE: CLS) is -3.35% 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 $85.35 in the last trading session, with the day’s gains setting it 3.86%.
Currently trading at $89.21, the stock is 9.97% and 0.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.51 million and changing 4.52% at the moment leaves the stock 12.42% off its SMA200. CLS registered 102.66% gain for a year compared to 6-month gain of 26.90%. The firm has a 50-day simple moving average (SMA 50) of $88.8756 and a 200-day simple moving average (SMA200) of $79.35375.
The stock witnessed a 12.84% loss in the last 1 month and extending the period to 3 months gives it a -21.85%, and is -3.18% 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 5.17% over the week and 9.08% over the month.
Celestica, Inc (CLS) has around 26865 employees, a market worth around $10.26B and $10.09B in sales. Current P/E ratio is 24.93 and Fwd P/E is 14.71. Profit margin for the company is 4.19%. Distance from 52-week low is 121.64% and -38.16% from its 52-week high. The company has generated returns on investments over the last 12 months (16.37%).
with sales reaching $2.65B over the same period.The EPS is expected to grow by 29.77% this year, but quarterly earnings will post 13.11% year-over-year. Quarterly sales are estimated to grow 10.89% in year-over-year returns.
660.0 institutions hold shares in Celestica, Inc (CLS), with institutional investors hold 79.05% of the company’s shares. The shares outstanding are 115.60M, and float is at 114.39M with Short Float at 2.97%. Institutions hold 78.27% of the Float.
The top institutional shareholder in the company is FMR LLC with over 9.25 million shares valued at $529.93 million. The investor’s holdings represent 7.7886 of the CLS Shares outstanding. As of 2024-06-30, the second largest holder is WHALE ROCK CAPITAL MANAGEMENT LLC with 7.49 million shares valued at $429.52 million to account for 6.3065 of the shares outstanding. The other top investors are CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. which holds 5.32 million shares representing 4.4787 and valued at over $304.73 million, while VANGUARD GROUP INC holds 3.7246 of the shares totaling 4.42 million with a market value of $253.68 million.
Celestica, Inc (CLS) Insider Activity
Still, SEC filings show that on Feb 07 ’25, Cooper Todd C (President) disposed off 65,000 shares at an average price of $129.78 for $8.44 million. The insider now directly holds 110,426 shares of Celestica, Inc (CLS).
