Stock Market Recap: Celestica, Inc (CLS) Concludes at 84.96, a -0.33 Surge/Decline

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After finishing at $85.24 in the prior trading day, Celestica, Inc (NYSE: CLS) closed at $84.96, down -0.33%. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 1.82 million shares were traded. CLS stock price reached its highest trading level at $87.08 during the session, while it also had its lowest trading level at $84.91.

Ratios:

Our goal is to gain a better understanding of CLS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.03. 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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 9913896960 and an Enterprise Value of 10584871936. As of this moment, Celestica,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.86, and their Forward P/E ratio for the next fiscal year is 19.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 5.54. Its current Enterprise Value per Revenue stands at 1.145 whereas that against EBITDA is 16.172.

Stock Price History:

Over the past 52 weeks, CLS has reached a high of $93.15, while it has fallen to a 52-week low of $25.83. The 50-Day Moving Average of the stock is 23.68%, while the 200-Day Moving Average is calculated to be 56.04%.

Shares Statistics:

The stock has traded on average 2.32M shares per day over the past 3-months and 2569420 shares per day over the last 10 days, according to various share statistics. A total of 118.60M shares are outstanding, with a floating share count of 115.63M. Insiders hold about 0.63% of the company’s shares, while institutions hold 76.63% stake in the company. Shares short for CLS as of 1731628800 were 3408630 with a Short Ratio of 1.26, compared to 1728950400 on 2920439. Therefore, it implies a Short% of Shares Outstanding of 3408630 and a Short% of Float of 2.96.

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