While Celestica, Inc has overperformed by 1.76%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CLS rose by 252.16%, with highs and lows ranging from $144.27 to $36.11, whereas the simple moving average jumped by 88.93% in the last 200 days.
On February 04, 2025, Stifel started tracking Celestica, Inc (NYSE: CLS) recommending Buy. A report published by CIBC on January 31, 2025, Upgraded its rating to ‘Sector Outperform’ for CLS. UBS also rated CLS shares as ‘Neutral’, setting a target price of $95 on the company’s shares in an initiating report dated November 22, 2024. Barclays Initiated an Overweight rating on November 05, 2024, and assigned a price target of $91. Stifel September 09, 2024d its ‘Hold’ rating to ‘Buy’ for CLS, as published in its report on September 09, 2024. Fox Advisors’s report from May 15, 2024 suggests a price prediction of $60 for CLS shares, giving the stock a ‘Overweight’ rating. CIBC also rated the stock as ‘Neutral’.
Analysis of Celestica, Inc (CLS)
Further, the quarter-over-quarter increase in sales is 18.93%, showing a positive trend in the upcoming months.
One of the most important indicators of Celestica, Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 24.27% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.91, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and CLS is recording 3.46M average volume. On a monthly basis, the volatility of the stock is set at 8.07%, whereas on a weekly basis, it is put at 6.22%, with a gain of 1.82% over the past seven days. Furthermore, long-term investors anticipate a median target price of $141.00, showing growth from the present price of $132.06, which can serve as yet another indication of whether CLS is worth investing in or should be passed over.
How Do You Analyze Celestica, Inc Shares?
The Electronic Components market is dominated by Celestica, Inc (CLS) based in the Canada. When comparing Celestica, Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 35.21, there is a growth in quarterly earnings of 83.55%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.53%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 77.83% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
CLS shares are owned by institutional investors to the tune of 77.83% at present.
