Celestica (CLS) Stock Price, News & Analysis

Company Overview

Celestica Inc. provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services. It also provides hardware platform solutions, which includes development of infrastructure platforms, and hardware and software design solutions and services which is used as-is or customized for specific applications; and management of program including design and supply chain, manufacturing, and after-market support, including IT asset disposition and asset management services. The company offers its products and services to original equipment manufacturers, cloud-based, and other service providers, including hyperscalers, and other companies in aerospace and defense, industrial, HealthTech, capital equipment, and communication and enterprise markets. Celestica Inc. was incorporated in 1994 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$120.95 to C$127.92
• 50-Day Range: C$59.14 to C$127.85
• 52-Week Range: C$35.13 to C$130.00
• Volume: 904,403 shs
• Average Volume: 653,354 shs
• Market Capitalization: C$14.77 billion
• P/E Ratio: 29.51
• Dividend Yield: 0.76%
• Price Target: C$44.00
• Consensus Rating: Buy

Celestica Stock Analysis - MarketRank™

Celestica scored higher than 42% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Celestica has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Celestica has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Celestica is 29.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Celestica is 29.51, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 244.21.

Price to Earnings Growth Ratio

Celestica has a PEG Ratio of 0.14. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Celestica has a P/B Ratio of 8.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CLS.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Celestica has a dividend yield of 0.76%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Celestica does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CLS.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.70

News Sentiment

Celestica has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Celestica this week, compared to 3 articles on an average week.

Search Interest

55 people have searched for CLS on MarketBeat in the last 30 days. This is an increase of 28% compared to the previous 30 days.

MarketBeat Follows

11 people have added Celestica to their MarketBeat watchlist in the last 30 days. This is an increase of 450% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Celestica insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$23,295,294.00 in company stock.

Percentage Held by Insiders

Only 1.00% of the stock of Celestica is held by insiders.

Percentage Held by Institutions

82.84% of the stock of Celestica is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CLS Stock Analysis - Frequently Asked Questions

How have CLS shares performed this year?

Celestica's stock was trading at C$38.81 at the start of the year. Since then, CLS shares have increased by 220.9% and is now trading at C$124.54.
View the best growth stocks for 2024 here.

How were Celestica's earnings last quarter?

Celestica Inc. (TSE:CLS) announced its earnings results on Tuesday, July, 25th. The company reported $0.32 EPS for the quarter, meeting analysts' consensus estimates of $0.32. The company earned $2.10 billion during the quarter, compared to analysts' expectations of $1.98 billion. Celestica had a trailing twelve-month return on equity of 20.99% and a net margin of 4.16%.

How do I buy shares of Celestica?

Shares of CLS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Celestica own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Celestica investors own include NVIDIA (NVDA), Meta Platforms (META), Quantum (QTM), Advanced Micro Devices (AMD), Enbridge (ENB), QUALCOMM (QCOM) and Taiwan Semiconductor Manufacturing (TSM).

Company Calendar

• Last Earnings: 7/25/2017
• Today: 11/22/2024
• Next Earnings (Estimated): 2/03/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Computer and Technology
• Industry: Electronic Components
• Sub-Industry: Electronic Equipment
• Current Symbol: TSE:CLS
• CUSIP: N/A
• CIK: N/A
• Web: www.celestica.com
• Phone: +1-416-4485800
• Fax: N/A
• Employees: 23,900
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$44.00
• High Stock Price Target: C$61.00
• Low Stock Price Target: C$33.00
• Potential Upside/Downside: -64.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$4.22
• Trailing P/E Ratio: 29.51
• Forward P/E Ratio: 24.77
• P/E Growth: 0.14
• Net Income: C$365.70 million
• Net Margins: 4.16%
• Pretax Margin: N/A
• Return on Equity: 20.99%
• Return on Assets: 5.50%

Debt

• Debt-to-Equity Ratio: 52.78
• Current Ratio: 1.47
• Quick Ratio: 0.54

Sales & Book Value

• Annual Sales: C$8.78 billion
• Price / Sales: 1.68
• Cash Flow: C$23.88 per share
• Price / Cash Flow: 5.22
• Book Value: C$15.21 per share
• Price / Book: 8.19

Miscellaneous

• Outstanding Shares: 118,600,000
• Free Float: N/A
• Market Cap: C$14.77 billion
• Optionable: Not Optionable
• Beta: 2.23