The stock of Celestica, Inc (CLS) has seen a 4.40% increase in the past week, with a 14.60% gain in the past month, and a 63.51% flourish in the past quarter. The volatility ratio for the week is 5.28%, and the volatility levels for the past 30 days are at 4.63% for CLS. The simple moving average for the last 20 days is 5.87% for CLS stock, with a simple moving average of 67.20% for the last 200 days.
Is It Worth Investing in Celestica, Inc (NYSE: CLS) Right Now?
The price-to-earnings ratio for Celestica, Inc (NYSE: CLS) is 32.60x, which is above its average ratio. Moreover, the 36-month beta value for CLS is 2.25. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 4 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for CLS is 115.62M and currently, short sellers hold a 2.45% of that float. On January 15, 2025, CLS’s average trading volume was 2.33M shares.
CLS) stock’s latest price update
The stock of Celestica, Inc (NYSE: CLS) has increased by 2.66 when compared to last closing price of 100.44. Despite this, the company has experienced a 4.40% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-14 that Celestica is transitioning from traditional contract manufacturing to an Original Design Manufacturer, or ODM, model, enhancing its value proposition in the market. This strategic shift positions Celestica to capitalize on emerging trends in technology and manufacturing, attracting new clients and partnerships. The company’s focus on innovation allows it to deliver tailored solutions and products, making it more competitive in high-demand sectors.
Analysts’ Opinion of CLS
Many brokerage firms have already submitted their reports for CLS stocks, with UBS repeating the rating for CLS by listing it as a “Neutral.” The predicted price for CLS in the upcoming period, according to UBS is $95 based on the research report published on November 22, 2024 of the previous year 2024.
Barclays, on the other hand, stated in their research note that they expect to see CLS reach a price target of $91. The rating they have provided for CLS stocks is “Overweight” according to the report published on November 05th, 2024.
Stifel gave a rating of “Buy” to CLS, setting the target price at $58 in the report published on September 09th of the previous year.
CLS Trading at 14.84% 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 -1.73% of loss for the given period.
Volatility was left at 4.63%, however, over the last 30 days, the volatility rate increased by 5.28%, as shares surge +13.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +47.76% upper at present.
During the last 5 trading sessions, CLS rose by +4.40%, which changed the moving average for the period of 200-days by +126.32% in comparison to the 20-day moving average, which settled at $97.39. In addition, Celestica, Inc saw 11.71% 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 Wilson Michael, who sale 25,000 shares at the price of $98.73 back on Jan 06 ’25. After this action, Wilson Michael now owns 1,784 shares of Celestica, Inc, valued at $2,468,250 using the latest closing price.
Robert A. Mionis, the Officer, Director of Celestica, Inc, proposed sale 77,108 shares at $86.67 during a trade that took place back on Dec 02 ’24, which means that Robert A. Mionis is holding shares at $6,682,950 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 1.35. The receivables turnover for the company is 4.59for 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
To wrap up, the performance of Celestica, Inc (CLS) has been better in recent times. The stock has received a bullish of “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.