Should I buy or sell Celestica stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Celestica in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CLS shares. View CLS analyst ratings or view top-rated stocks .

What is Celestica's stock price target for 2024?

2 brokerages have issued 1 year price objectives for Celestica's stock. Their CLS share price targets range from C$33.00 to C$33.00. On average, they expect the company's stock price to reach C$33.00 in the next year. This suggests that the stock has a possible downside of 42.4%. View analysts price targets for CLS or view top-rated stocks among Wall Street analysts .

How have CLS shares performed in 2024?

Celestica's stock was trading at C$38.81 on January 1st, 2024. Since then, CLS stock has increased by 47.5% and is now trading at C$57.26. View the best growth stocks for 2024 here .

When is Celestica's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our CLS earnings forecast .

How were Celestica's earnings last quarter?

Celestica Inc. (TSE:CLS) released its quarterly earnings results on Monday, January, 29th. The company reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.12. The firm earned $2.91 billion during the quarter, compared to analysts' expectations of $2.82 billion. Celestica had a trailing twelve-month return on equity of 14.19% and a net margin of 3.07%.

What other stocks do shareholders of Celestica own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Celestica investors own include Quantum (QTM) , Aurora Cannabis (ACB) , Bank of America (BAC) , Canagold Resources (CCM) , Shopify (SHOP) , First Quantum Minerals (FM) , Gilead Sciences (GILD) , Nutrien (NTR) , Air Canada (AC) and Barrick Gold (ABX) .

How do I buy shares of Celestica?

Shares of CLS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:CLS

Celestica (CLS) Stock Price, News & Analysis

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Free CLS Stock Alerts

C$57.18

-3.16 (-5.24%)

(As of 01:45 PM ET)

Compare

Today's Range: C$56.14
▼
C$60.16
50-Day Range: C$50.22
▼
C$67.13
52-Week Range: C$14.31
▼
C$68.91

Volume: 525,815 shs
Average Volume: 552,164 shs
Market Capitalization: C$6.82 billion

P/E Ratio: 20.57
Dividend Yield: 0.76%
Price Target: C$33.00

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

Get Celestica alerts:

Celestica MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 42.4% Downside
C$33.00 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.37
Based on 3 Articles This Week
Insider Trading: Selling Shares
C$20.88 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.39 out of 5 stars

1.5

Analyst's Opinion

Consensus Rating
Celestica has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Celestica has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CLS.

0.0

Dividend Strength

Dividend Yield
Celestica has a dividend yield of 0.76%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Celestica does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CLS.

1.9

News and Social Media Coverage

News Sentiment
Celestica has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Celestica this week, compared to 1 article on an average week.
Search Interest
Only 35 people have searched for CLS on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Celestica to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Celestica insiders have sold 2,861.11% more of their company's stock than they have bought. Specifically, they have bought C$705,293.00 in company stock and sold C$20,884,473.00 in company stock.
Percentage Held by Insiders
Only 0.99% of the stock of Celestica is held by insiders.
Percentage Held by Institutions
76.35% of the stock of Celestica is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Celestica is 20.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Celestica is 20.60, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 226.87.
Price to Earnings Growth Ratio
Celestica has a PEG Ratio of 0.14. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Celestica has a P/B Ratio of 3.85. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Celestica Stock (TSE:CLS)

Celestica Inc. provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services. It also provides hardware platform solutions, which includes development of infrastructure platforms, and hardware and software design solutions and services which is used as-is or customized for specific applications; and management of program including design and supply chain, manufacturing, and after-market support, including IT asset disposition and asset management services. The company offers its products and services to original equipment manufacturers, cloud-based, and other service providers, including hyperscalers, and other companies in aerospace and defense, industrial, HealthTech, capital equipment, and communication and enterprise markets. Celestica Inc. was incorporated in 1994 and is headquartered in Toronto, Canada.

CLS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CLS Stock News Headlines

April 19, 2024 | finance.yahoo.com

Shareholders May Not Be So Generous With Celestica Inc.'s (TSE:CLS) CEO Compensation And Here's Why

April 17, 2024 | finance.yahoo.com

Should You Invest in Celestica (CLS) Based on Bullish Wall Street Views?

April 19, 2024 | DTI (Ad)

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April 17, 2024 | americanbankingnews.com

Celestica (CLS) to Release Quarterly Earnings on Wednesday

April 4, 2024 | benzinga.com

This Is What Whales Are Betting On Celestica

March 19, 2024 | seekingalpha.com

Celestica: This Is A Hidden Gem For AI Investors

March 17, 2024 | ca.finance.yahoo.com

Reddit stock is about to go hit the market, the platform's users are not thrilled

March 17, 2024 | msn.com

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March 16, 2024 | finance.yahoo.com

CLS Aug 2024 70.000 call

March 16, 2024 | finance.yahoo.com

CLS Apr 2024 20.000 call

March 16, 2024 | finance.yahoo.com

Celestica Full Year 2023 Earnings: EPS Beats Expectations

March 14, 2024 | msn.com

Retirees: Set it and Forget it With 3 Long-Term Growth Gems

March 11, 2024 | finance.yahoo.com

CLS Nov 2024 30.000 call

March 11, 2024 | seekingalpha.com

Celestica: A Deep Dive Into A Mysterious Grower

March 8, 2024 | msn.com

Why Is Celestica Stock up 46% After Earnings?

March 4, 2024 | finance.yahoo.com

We Ran A Stock Scan For Earnings Growth And Celestica (TSE:CLS) Passed With Ease

February 28, 2024 | msn.com

Is a Bull Market Here? 4 Reasons to Buy Celestica Stock Like There’s No Tomorrow

February 25, 2024 | msn.com

Everyone Is Talking About Chip Stocks: Are They a Good Long-Term Option?

February 24, 2024 | msn.com

Celestica (CLS) Price Target Increased by 17.26% to 28.20

February 23, 2024 | theglobeandmail.com

Chart of the Day: Celestica - Still Going Strong

February 16, 2024 | seekingalpha.com

Celestica Stock May Start To Consolidate (Rating Downgrade)

February 14, 2024 | wsj.com

Celestica Inc.

February 1, 2024 | finance.yahoo.com

Surging Earnings Estimates Signal Upside for Celestica (CLS) Stock

February 1, 2024 | finance.yahoo.com

Looking for a Growth Stock? 3 Reasons Why Celestica (CLS) is a Solid Choice

January 31, 2024 | nasdaq.com

Daily Markets: Tech Earnings Weigh on Futures, Fed on Deck

January 30, 2024 | theglobeandmail.com

Market movers: Stocks seeing action on Tuesday - and why

See More Headlines

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Company Calendar

Last Earnings: 1/29/2024
Today: 4/19/2024
Next Earnings (Confirmed): 4/24/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Computer and Technology
Industry: Electronic Components
Sub-Industry: N/A
Current Symbol: TSE:CLS
CUSIP: N/A
CIK: N/A
Web: www.celestica.com
Phone: +1-416-4485800
Fax: N/A
Employees: 21,890
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$33.00
High Stock Price Target: C$33.00
Low Stock Price Target: C$33.00
Potential Upside/Downside: -44.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.78
Trailing P/E Ratio: 21.26
Forward P/E Ratio: 14.84
P/E Growth: 0.14
Net Income: C$244.60 million
Net Margins: 3.07%
Pretax Margin: N/A
Return on Equity: 14.19%
Return on Assets: 4.05%

Debt

Debt-to-Equity Ratio: 44.26
Current Ratio: 1.40
Quick Ratio: 0.54

Sales & Book Value

Annual Sales: C$7.96 billion
Price / Sales: 0.89
Cash Flow: C$11.33 per share
Price / Cash Flow: 5.22
Book Value: C$14.87 per share
Price / Book: 3.97

Miscellaneous

Outstanding Shares: 119,260,000
Free Float: N/A
Market Cap: C$7.05 billion
Optionable: Not Optionable
Beta: 2.35

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Key Executives

Mr. Robert Andrew Mionis (Age 61)
President, CEO & Director
Comp: $5.43M
Mr. Mandeep Chawla (Age 47)
Chief Financial Officer
Comp: $2.39M
Mr. Yann Louis Etienvre (Age 50)
Chief Operations Officer
Comp: $1.74M
Mr. Jason Phillips (Age 49)
President of Connectivity & Cloud Solutions
Comp: $1.8M
Mr. Todd C. Cooper (Age 54)
President of Advanced Technology Solutions
Comp: $1.67M
Mr. Douglas M. Parker (Age 53)
Chief Legal Officer & Corporate Secretary
Mr. Craig Oberg
Vice President of Investor Relations & Corporate Development
Ms. Leila Wong
Chief Human Resources Officer
Mr. Gavin Cato (Age 56)
Head & CTO of Hardware Platform Solutions
Mr. Paul Carpino
Vice President of Investor Relations

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CLS Stock Analysis - Frequently Asked Questions

Should I buy or sell Celestica stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Celestica in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CLS shares.
View CLS analyst ratings or view top-rated stocks.
What is Celestica's stock price target for 2024?: 2 brokerages have issued 1 year price objectives for Celestica's stock. Their CLS share price targets range from C$33.00 to C$33.00. On average, they expect the company's stock price to reach C$33.00 in the next year. This suggests that the stock has a possible downside of 42.4%.
View analysts price targets for CLS or view top-rated stocks among Wall Street analysts.
How have CLS shares performed in 2024?: Celestica's stock was trading at C$38.81 on January 1st, 2024. Since then, CLS stock has increased by 47.5% and is now trading at C$57.26.
View the best growth stocks for 2024 here.
When is Celestica's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our CLS earnings forecast.

How were Celestica's earnings last quarter?: Celestica Inc. (TSE:CLS) released its quarterly earnings results on Monday, January, 29th. The company reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.12. The firm earned $2.91 billion during the quarter, compared to analysts' expectations of $2.82 billion. Celestica had a trailing twelve-month return on equity of 14.19% and a net margin of 3.07%.
What other stocks do shareholders of Celestica own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Celestica investors own include Quantum (QTM), Aurora Cannabis (ACB), Bank of America (BAC), Canagold Resources (CCM), Shopify (SHOP), First Quantum Minerals (FM), Gilead Sciences (GILD), Nutrien (NTR), Air Canada (AC) and Barrick Gold (ABX).
How do I buy shares of Celestica?: Shares of CLS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CLS) was last updated on 4/19/2024 by MarketBeat.com Staff

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Celestica (CLS) Stock Price, News & Analysis

Celestica MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Celestica Stock (TSE:CLS)

CLS Stock Price History

CLS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CLS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™