On Friday, Celestica, Inc. (NYSE: CLS) was -2.58% down from the session before settling in for the closing price of $57.40. A 52-week range for CLS has been $12.22 – $61.06.
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A company in the Technology sector has jumped its sales by 4.58% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 36.95%. With a float of $118.80 million, this company’s outstanding shares have now reached $119.00 million.
In an organization with 26554 employees, it is important to assess its efficiency.
Celestica, Inc. (CLS) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Celestica, Inc. stocks. The insider ownership of Celestica, Inc. is 0.00%, while institutional ownership is 79.17%.
Celestica, Inc. (CLS) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 3/31/2024, it has been observed that the corporation posted 0.55 earnings per share (EPS) during the time that was better than consensus figure (set at 0.47) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.82 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 36.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.80% during the next five years compared to 23.48% growth over the previous five years of trading.
Celestica, Inc. (NYSE: CLS) Trading Performance Indicators
You can see what Celestica, Inc. (CLS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.80. Likewise, its price to free cash flow for the trailing twelve months is 22.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.69, a number that is poised to hit 0.81 in the next quarter and is forecasted to reach 3.63 in one year’s time.
Technical Analysis of Celestica, Inc. (CLS)
Let’s dig in a bit further. During the last 5-days, its volume was 2.55 million. That was better than the volume of 2.31 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 62.77%. Additionally, its Average True Range was 2.29.
During the past 100 days, Celestica, Inc.’s (CLS) raw stochastic average was set at 85.08%, which indicates a significant increase from 64.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.78% in the past 14 days, which was higher than the 49.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.07, while its 200-day Moving Average is $34.23. However, in the short run, Celestica, Inc.’s stock first resistance to watch stands at $57.75. Second resistance stands at $59.57. The third major resistance level sits at $61.66. If the price goes on to break the first support level at $53.84, it is likely to go to the next support level at $51.75. Assuming the price breaks the second support level, the third support level stands at $49.93.
Celestica, Inc. (NYSE: CLS) Key Stats
There are 118,806K outstanding shares of the company, which has a market capitalization of 6.64 billion. As of now, sales total 7,961 M while income totals 244,600 K. Its latest quarter income was 2,209 M while its last quarter net income were 101,700 K.
