The price-to-earnings ratio for Celestica, Inc (NYSE: CLS) is above average at 26.55x, Company’s 36-month beta value is 2.26.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for CLS is 115.60M, and currently, short sellers hold a 2.53% ratio of that floaft. The average trading volume of CLS on November 19, 2024 was 2.19M shares.
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CLS) stock’s latest price update
Celestica, Inc (NYSE: CLS)’s stock price has gone rise by 2.18 in comparison to its previous close of 82.18, however, the company has experienced a -0.78% decrease in its stock price over the last five trading days. zacks.com reported 2024-11-13 that The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock’s price.
CLS’s Market Performance
Celestica, Inc (CLS) has seen a -0.78% fall in stock performance for the week, with a 45.23% gain in the past month and a 55.41% surge in the past quarter. The volatility ratio for the week is 3.87%, and the volatility levels for the past 30 days are at 4.16% for CLS. The simple moving average for the past 20 days is 12.19% for CLS’s stock, with a 60.71% simple moving average for the past 200 days.
Analysts’ Opinion of CLS
Many brokerage firms have already submitted their reports for CLS stocks, with Barclays repeating the rating for CLS by listing it as a “Overweight.” The predicted price for CLS in the upcoming period, according to Barclays is $91 based on the research report published on November 05, 2024 of the current year 2024.
Stifel, on the other hand, stated in their research note that they expect to see CLS reach a price target of $58. The rating they have provided for CLS stocks is “Buy” according to the report published on September 09th, 2024.
Fox Advisors gave a rating of “Overweight” to CLS, setting the target price at $60 in the report published on May 15th of the current year.
CLS Trading at 36.61% from the 50-Day Moving Average
After a stumble in the market that brought CLS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.57% of loss for the given period.
Volatility was left at 4.16%, however, over the last 30 days, the volatility rate increased by 3.87%, as shares surge +48.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +97.25% upper at present.
During the last 5 trading sessions, CLS fell by -0.78%, which changed the moving average for the period of 200-days by +132.80% in comparison to the 20-day moving average, which settled at $74.85. In addition, Celestica, Inc saw 186.78% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CLS starting from Jason Phillips, who proposed sale 18,000 shares at the price of $81.00 back on Nov 07 ’24. After this action, Jason Phillips now owns shares of Celestica, Inc, valued at $1,458,000 using the latest closing price.
MIONIS ROBERT, the Officer of Celestica, Inc, proposed sale 60,000 shares at $79.51 during a trade that took place back on Nov 06 ’24, which means that MIONIS ROBERT is holding shares at $4,770,600 based on the most recent closing price.
Stock Fundamentals for CLS
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.1 for the gross margin
The net margin for Celestica, Inc stands at 0.04. The total capital return value is set at 0.19. Equity return is now at value 21.21, with 6.46 for asset returns.
Based on Celestica, Inc (CLS), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.52. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is 8.19.
Currently, EBITDA for the company is 543.6 million with net debt to EBITDA at 0.75. When we switch over and look at the enterprise to sales, we see a ratio of 1.11. The receivables turnover for the company is 4.6for trailing twelve months and the total asset turnover is 1.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.
Conclusion
In a nutshell, Celestica, Inc (CLS) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
