Celestica Inc. (TSE:CLS - Free Report) NYSE: CLS - Cormark upped their Q3 2024 earnings estimates for shares of Celestica in a research note issued on Monday, October 21st. Cormark analyst J. Pytlak now anticipates that the company will earn $1.17 per share for the quarter, up from their prior forecast of $1.13. The consensus estimate for Celestica's current full-year earnings is $5.03 per share. Cormark also issued estimates for Celestica's FY2024 earnings at $4.46 EPS.
Separately, TD Securities lifted their price target on shares of Celestica from C$55.00 to C$61.00 and gave the company a "buy" rating in a research report on Friday, July 26th.
Check Out Our Latest Research Report on Celestica
Celestica Trading Up 2.6 %
TSE:CLS traded up C$2.03 on Wednesday, hitting C$79.47. 720,309 shares of the stock were exchanged, compared to its average volume of 625,122. The stock has a market cap of C$9.43 billion, a PE ratio of 18.83, a PEG ratio of 0.14 and a beta of 2.23. Celestica has a fifty-two week low of C$28.90 and a fifty-two week high of C$88.05. The company has a current ratio of 1.47, a quick ratio of 0.54 and a debt-to-equity ratio of 52.78. The stock has a fifty day moving average of C$69.88 and a 200-day moving average of C$70.71.
Celestica (TSE:CLS - Get Free Report) NYSE: CLS last issued its earnings results on Wednesday, July 24th. The company reported C$1.17 earnings per share for the quarter, topping the consensus estimate of C$0.99 by C$0.18. Celestica had a return on equity of 20.99% and a net margin of 4.16%. The business had revenue of C$3.27 billion for the quarter, compared to analyst estimates of C$3.09 billion.
About Celestica
(
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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.
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