Market Watch Highlights: Celestica, Inc (CLS) Ends on an Downturn Note at 92.11

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As of close of business last night, Celestica, Inc’s stock clocked out at $92.11, down -5.83% from its previous closing price of $97.81. In other words, the price has decreased by -$5.83 from its previous closing price. On the day, 2.63 million shares were traded. CLS stock price reached its highest trading level at $99.505 during the session, while it also had its lowest trading level at $91.52.

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 26.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.64. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.52 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, UBS on November 22, 2024, initiated with a Neutral rating and assigned the stock a target price of $95.

On November 05, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $91.

Stifel Upgraded its Hold to Buy on September 09, 2024, while the target price for the stock was maintained at $58.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 02 ’24 when Robert A. Mionis bought 77,108 shares for $86.67 per share.

Leila Wong bought 4,552 shares of CLS for $394,522 on Dec 02 ’24. On Dec 02 ’24, another insider, Mandeep Chawla, who serves as the Officer of the company, bought 20,884 shares for $86.67 each.

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 10802292736 and an Enterprise Value of 11430001664. As of this moment, Celestica,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.13, and their Forward P/E ratio for the next fiscal year is 20.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 6.00. Its current Enterprise Value per Revenue stands at 1.237 whereas that against EBITDA is 17.464.

Stock Price History:

Over the past 52 weeks, CLS has reached a high of $100.51, while it has fallen to a 52-week low of $26.62. The 50-Day Moving Average of the stock is 17.24%, while the 200-Day Moving Average is calculated to be 60.18%.

Shares Statistics:

It appears that CLS traded 2.29M shares on average per day over the past three months and 2006850 shares per day over the past ten days. A total of 118.60M shares are outstanding, with a floating share count of 115.62M. Insiders hold about 0.64% of the company’s shares, while institutions hold 76.69% stake in the company. Shares short for CLS as of 1732838400 were 2987584 with a Short Ratio of 1.27, compared to 1730332800 on 2947544. Therefore, it implies a Short% of Shares Outstanding of 2987584 and a Short% of Float of 2.5899999.

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