Celestica, Inc [NYSE: CLS] gained 4.38% or 5.17 points to close at $123.27 with a heavy trading volume of 4902080 shares.
The daily chart for CLS points out that the company has recorded 116.64% gains over the past six months.
If we look at the average trading volume of 2.38M shares, CLS reached to a volume of 4902080 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Celestica, Inc [CLS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CLS shares is $91.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CLS stock is a recommendation set at 1.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Celestica, Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 22, 2024. While these analysts kept the previous recommendation, Barclays raised their target price to Overweight. The new note on the price target was released on November 05, 2024, representing the official price target for Celestica, Inc stock. Previously, the target price had yet another raise to $58, while Stifel analysts kept a Buy rating on CLS stock.
The Average True Range (ATR) for Celestica, Inc is set at 5.57, with the Price to Sales ratio for CLS stock in the period of the last 12 months amounting to 1.55. The Price to Book ratio for the last quarter was 8.03, with the Price to Cash per share for the same quarter was set at 3.42. Price to Free Cash Flow for CLS in the course of the last twelve months was 45.02 with Quick ratio for the last quarter at 0.87.
Trading performance analysis for CLS stock
Celestica, Inc [CLS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 19.55. With this latest performance, CLS shares gained by 33.83% in over the last four-week period, additionally plugging by 116.64% over the last 6 months – not to mention a rise of 298.93% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CLS stock in for the last two-week period is set at 80.31, with the RSI for the last a single of trading hit 85.96, and the three-weeks RSI is set at 76.57 for Celestica, Inc [CLS]. The present Moving Average for the last 50 days of trading for this stock 93.89, while it was recorded at 114.57 for the last single week of trading, and 63.36 for the last 200 days.
Celestica, Inc [CLS]: A deeper dive into fundamental analysis
Celestica, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.87 and a Current Ratio set at 1.47.
Celestica, Inc [CLS]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CLS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Celestica, Inc go to 30.70%.
An analysis of Institutional ownership at Celestica, Inc [CLS]
There are presently around $79.60%, or 80.44%% of CLS stock, in the hands of institutional investors. The top three institutional holders of CLS stocks are: CAUSEWAY CAPITAL MANAGEMENT LLC with ownership of 0.24 million shares, which is approximately 0.2001%. CALDWELL INVESTMENT MANAGEMENT LTD., holding 0.12 million shares of the stock with an approximate value of $$7.15 million in CLS stocks shares; and CALDWELL INVESTMENT MANAGEMENT LTD., currently with $$3.53 million in CLS stock with ownership which is approximately 0.1013%.
