For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Celestica, Inc. (NYSE: CLS) closed at $49.33 up 3.05% from its previous closing price of $47.87. In other words, the price has increased by $3.05 from its previous closing price. On the day, 2.23 million shares were traded. CLS stock price reached its highest trading level at $49.6 during the session, while it also had its lowest trading level at $47.46.
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 19.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.98. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.45.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on July 28, 2023, whereas the target price for the stock was revised from $14 to $22.
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 5902137344 and an Enterprise Value of 6211832320. As of this moment, Celestica,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.35, and their Forward P/E ratio for the next fiscal year is 13.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 3.44. Its current Enterprise Value per Revenue stands at 0.746 whereas that against EBITDA is 10.852.
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 $10.77. The 50-Day Moving Average of the stock is 9.15%, while the 200-Day Moving Average is calculated to be 56.98%.
Shares Statistics:
For the past three months, CLS has traded an average of 2.29M shares per day and 2703150 over the past ten days. A total of 119.00M shares are outstanding, with a floating share count of 117.25M. Insiders hold about 1.30% of the company’s shares, while institutions hold 81.09% stake in the company. Shares short for CLS as of 1713139200 were 5064671 with a Short Ratio of 2.21, compared to 1710460800 on 4893991. Therefore, it implies a Short% of Shares Outstanding of 5064671 and a Short% of Float of 4.29.
