Market Recap Check: Celestica, Inc. (CLS)’s Negative Finish at 50.00, Up/Down -5.07

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The price of Celestica, Inc. (NYSE: CLS) closed at $50.00 in the last session, down -5.07% from day before closing price of $52.67. In other words, the price has decreased by -$5.07 from its previous closing price. On the day, 3.61 million shares were traded. CLS stock price reached its highest trading level at $53.41 during the session, while it also had its lowest trading level at $49.88.

Ratios:

We take a closer look at CLS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.36. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.49.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Fox Advisors on May 15, 2024, initiated with a Overweight rating and assigned the stock a target price of $60.

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 5938400256 and an Enterprise Value of 6447844864. As of this moment, Celestica,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.33, and their Forward P/E ratio for the next fiscal year is 12.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.61. 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 3.29. Its current Enterprise Value per Revenue stands at 0.734 whereas that against EBITDA is 10.199.

Stock Price History:

Over the past 52 weeks, CLS has reached a high of $63.49, while it has fallen to a 52-week low of $17.73. The 50-Day Moving Average of the stock is -11.04%, while the 200-Day Moving Average is calculated to be 23.23%.

Shares Statistics:

According to the various share statistics, CLS traded on average about 2.28M shares per day over the past 3-months and 3266400 shares per day over the past 10 days. A total of 119.00M shares are outstanding, with a floating share count of 118.33M. Insiders hold about 0.22% of the company’s shares, while institutions hold 78.99% stake in the company. Shares short for CLS as of 1721001600 were 4595292 with a Short Ratio of 2.01, compared to 1718323200 on 4663335. Therefore, it implies a Short% of Shares Outstanding of 4595292 and a Short% of Float of 3.9100002000000003.

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