Celestica, Inc [NYSE: CLS] traded at a high on Wednesday, posting a 6.55 gain after which it closed the day’ session at $88.19.
The results of the trading session contributed to over 4977900 shares changing hands. Over the past one week, the price volatility of Celestica, Inc stands at 6.85% while the volatility over the past one month is 9.47%.
The market cap for CLS stock reached $10.23 billion, with 116.36 million shares outstanding and 115.36 million shares in the current float. Compared to the average trading volume of 5.50M shares, CLS reached a trading volume of 4977900 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $127.08 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 1.47. 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.
JP Morgan have made an estimate for Celestica, Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on February 21, 2025. While these analysts kept the previous recommendation, Stifel raised their target price to Buy. The new note on the price target was released on February 04, 2025, representing the official price target for Celestica, Inc stock. Previously, the target price had yet another raise to $150, while CIBC analysts kept a Sector Outperform rating on CLS stock.
The Average True Range (ATR) for Celestica, Inc is set at 7.73, with the Price to Sales ratio for CLS stock in the period of the last 12 months amounting to 1.06. The Price to Book ratio for the last quarter was 5.41, with the Price to Cash per share for the same quarter was set at 3.65. Price to Free Cash Flow for CLS in the course of the last twelve months was 34.45 with Quick ratio for the last quarter at 0.91.
How has CLS stock performed recently?
Celestica, Inc [CLS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.81. With this latest performance, CLS shares dropped by -11.79% in over the last four-week period, additionally plugging by 52.53% over the last 6 months – not to mention a rise of 116.52% 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 53.70, with the RSI for the last a single of trading hit 59.86, and the three-weeks RSI is set at 50.57 for Celestica, Inc [CLS]. The present Moving Average for the last 50 days of trading for this stock 93.90, while it was recorded at 83.23 for the last single week of trading, and 78.50 for the last 200 days.
Celestica, Inc [CLS]: Deeper insight into the fundamentals
Celestica, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.91 and a Current Ratio set at 1.49.
Earnings analysis for Celestica, Inc [CLS]
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 21.76%.
Insider trade positions for Celestica, Inc [CLS]
There are presently around $79.08%, or 79.86%% of CLS stock, in the hands of institutional investors. The top three institutional holders of CLS stocks are: FMR LLC with ownership of 9.25 million shares, which is approximately 7.7886%. WHALE ROCK CAPITAL MANAGEMENT LLC, holding 7.49 million shares of the stock with an approximate value of $$429.52 million in CLS stocks shares; and WHALE ROCK CAPITAL MANAGEMENT LLC, currently with $$304.73 million in CLS stock with ownership which is approximately 4.4787%.
