Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS shares rose 16.2% on Thursday . The company traded as high as C$92.44 and last traded at C$92.34. Approximately 117,627 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 622,658 shares. The stock had previously closed at C$79.47.
Analysts Set New Price Targets
Separately, TD Securities upped their price target on shares of Celestica from C$55.00 to C$61.00 and gave the stock a "buy" rating in a research report on Friday, July 26th.
Check Out Our Latest Stock Analysis on CLS
Celestica Trading Up 18.3 %
The firm has a market capitalization of C$11.15 billion, a P/E ratio of 22.27, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23. The stock's 50-day simple moving average is C$69.88 and its two-hundred day simple moving average is C$70.71. The company has a debt-to-equity ratio of 52.78, a current ratio of 1.47 and a quick ratio of 0.54.
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 analysts' consensus estimates of C$0.99 by C$0.18. Celestica had a net margin of 4.16% and a return on equity of 20.99%. The firm had revenue of C$3.27 billion during the quarter, compared to analyst estimates of C$3.09 billion. Equities research analysts expect that Celestica Inc. will post 5.028804 EPS for the current year.
Celestica Company Profile
(
Get Free Report)
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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