As of close of business last night, Celestica, Inc.’s stock clocked out at $44.05, up 2.39% from its previous closing price of $43.02. In other words, the price has increased by $+1.03 from its previous closing price. On the day, 2562990 shares were traded.
Ratios:
To gain a deeper understanding of CLS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.17. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.41.
On July 28, 2023, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $14 to $22.
CIBC Upgraded its Neutral to Sector Outperform on July 28, 2023, whereas the target price for the stock was revised from $14 to $25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLS now has a Market Capitalization of 5.23B and an Enterprise Value of 5.65B. As of this moment, Celestica,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.60, and their Forward P/E ratio for the next fiscal year is 13.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 2.96. Its current Enterprise Value per Revenue stands at 0.71 whereas that against EBITDA is 10.39.
Stock Price History:
Over the past 52 weeks, CLS has reached a high of $49.35, while it has fallen to a 52-week low of $10.50. The 50-Day Moving Average of the stock is 37.94, while the 200-Day Moving Average is calculated to be 26.33.
Shares Statistics:
It appears that CLS traded 2.16M shares on average per day over the past three months and 2.42M shares per day over the past ten days. A total of 119.00M shares are outstanding, with a floating share count of 117.71M. Insiders hold about 1.30% of the company’s shares, while institutions hold 71.00% stake in the company. Shares short for CLS as of Feb 29, 2024 were 4.54M with a Short Ratio of 2.10, compared to 2.62M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.80% and a Short% of Float of 3.84%.
Earnings Estimates
As of right now, 8 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.72 for the current quarter, with a high estimate of $0.75 and a low estimate of $0.69, while EPS last year was $0.47. The consensus estimate for the next quarter is $0.71, with high estimates of $0.76 and low estimates of $0.66.
Analysts are recommending an EPS of between $2.99 and $2.89 for the fiscal current year, implying an average EPS of $2.93. EPS for the following year is $3.24, with 9 analysts recommending between $3.7 and $3.07.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $2.1B. It ranges from a high estimate of $2.11B to a low estimate of $2.09B. As of the current estimate, Celestica, Inc.’s year-ago sales were $1.84B, an estimated increase of 14.30% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $2.14B, an increase of 10.20% less than the figure of $14.30% in the same quarter last year. There is a high estimate of $2.25B for the next quarter, whereas the lowest estimate is $2.05B.
A total of 8 analysts have provided revenue estimates for CLS’s current fiscal year. The highest revenue estimate was $9.01B, while the lowest revenue estimate was $8.71B, resulting in an average revenue estimate of $8.79B. In the same quarter a year ago, actual revenue was $7.96B, up 10.40% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $9.49B in the next fiscal year. The high estimate is $10.19B and the low estimate is $9.21B. The average revenue growth estimate for next year is up 8.00% from the average revenue estimate for this year.
