Celestica, Inc. (NYSE: CLS) closed the day trading at $45.56 down -1.75% from the previous closing price of $46.37. In other words, the price has decreased by -$0.81 from its previous closing price. On the day, 1446211 shares were traded. CLS stock price reached its highest trading level at $47.14 during the session, while it also had its lowest trading level at $44.51.
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Ratios:
For a better understanding of CLS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.93. 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 5.43B and an Enterprise Value of 5.84B. As of this moment, Celestica,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.34, and their Forward P/E ratio for the next fiscal year is 14.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 3.07. Its current Enterprise Value per Revenue stands at 0.73 whereas that against EBITDA is 10.74.
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 39.70, while the 200-Day Moving Average is calculated to be 27.17.
Shares Statistics:
Over the past 3-months, CLS traded about 2.21M shares per day on average, while over the past 10 days, CLS traded about 1.89M shares per day. 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 70.98% stake in the company. Shares short for CLS as of Feb 29, 2024 were 4.54M with a Short Ratio of 2.06, 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
Current recommendations for the stock of the company come from 8 analysts. 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
7 analysts predict $2.1B in revenue for the current quarter. 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.
