Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Celestica, Inc. (NYSE: CLS) closed at $44.10 up 0.78% from its previous closing price of $43.76. In other words, the price has increased by $0.78 from its previous closing price. On the day, 2.55 million shares were traded. CLS stock price reached its highest trading level at $45.9 during the session, while it also had its lowest trading level at $43.36.
Ratios:
For a deeper understanding of Celestica, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.20. 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 5259233280 and an Enterprise Value of 5669418496. As of this moment, Celestica,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.62, and their Forward P/E ratio for the next fiscal year is 13.53. 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 2.97. Its current Enterprise Value per Revenue stands at 0.712 whereas that against EBITDA is 11.472.
Stock Price History:
Over the past 52 weeks, CLS has reached a high of $51.12, while it has fallen to a 52-week low of $10.50. The 50-Day Moving Average of the stock is -0.11%, while the 200-Day Moving Average is calculated to be 46.99%.
Shares Statistics:
For the past three months, CLS has traded an average of 2.37M shares per day and 2495670 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 71.24% stake in the company. Shares short for CLS as of 1711584000 were 4654027 with a Short Ratio of 1.97, compared to 1709164800 on 4536165. Therefore, it implies a Short% of Shares Outstanding of 4654027 and a Short% of Float of 3.94.
