Celestica, Inc. (CLS) recent activity suggests a positive outlook with the last week’s performance of 10.13%

On Monday, Celestica, Inc. (NYSE: CLS) was -1.13% drop from the session before settling in for the closing price of $54.78. A 52-week range for CLS has been $20.22 – $63.49.

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Annual sales at Technology sector company grew by 4.58% over the past five years. When this article was written, the company’s average yearly earnings per share was at 49.88%. With a float of $118.20 million, this company’s outstanding shares have now reached $119.00 million.

Let’s look at the performance matrix of the company that is accounted for 26554 employees. In terms of profitability, gross margin is 10.06%, operating margin of 5.92%, and the pretax margin is 5.0%.

Celestica, Inc. (CLS) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Celestica, Inc. stocks. The insider ownership of Celestica, Inc. is 0.34%, while institutional ownership is 81.54%.

Celestica, Inc. (CLS) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 49.88% 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 0.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.73. Likewise, its price to free cash flow for the trailing twelve months is 23.14.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.06, a number that is poised to hit 0.93 in the next quarter and is forecasted to reach 4.04 in one year’s time.

Technical Analysis of Celestica, Inc. (CLS)

Celestica, Inc. (NYSE: CLS) saw its 5-day average volume 1.71 million, a negative change from its year-to-date volume of 2.32 million. As of the previous 9 days, the stock’s Stochastic %D was 87.34%. Additionally, its Average True Range was 3.02.

During the past 100 days, Celestica, Inc.’s (CLS) raw stochastic average was set at 59.86%, which indicates a significant decrease from 85.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.83% in the past 14 days, which was higher than the 56.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $54.59, while its 200-day Moving Average is $42.54. Nevertheless, the first resistance level for the watch stands at $54.91 in the near term. At $55.66, the stock is likely to face the second major resistance level. The third major resistance level sits at $56.49. If the price goes on to break the first support level at $53.33, it is likely to go to the next support level at $52.50. The third support level lies at $51.75 if the price breaches the second support level.

Celestica, Inc. (NYSE: CLS) Key Stats

There are 118,806K outstanding shares of the company, which has a market capitalization of 6.42 billion. As of now, sales total 7,961 M while income totals 244,600 K. Its latest quarter income was 2,392 M while its last quarter net income were 99,600 K.