Celestica, Inc (CLS)’s latest performance is not what we had anticipated

On Monday, Celestica, Inc (NYSE: CLS) was 2.99% up from the session before settling in for the closing price of $70.22. A 52-week range for CLS has been $24.37 – $71.56.

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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 58.52%. With a float of $115.54 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 10.13%, operating margin of 5.83%, and the pretax margin is 5.03%.

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 0.71%, while institutional ownership is 82.52%. The most recent insider transaction that took place on Oct 29 ’24, was worth 42,180. Before that another transaction happened on Oct 28 ’24, when Company’s Officer proposed sale 150,000 for $69.66, making the entire transaction worth $10,449,160.

Celestica, Inc (CLS) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.76 earnings per share (EPS) during the time that was better than consensus figure (set at 0.68) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 58.52% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 28.00% 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 0.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.30. Likewise, its price to free cash flow for the trailing twelve months is 37.84.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.16, a number that is poised to hit 1.04 in the next quarter and is forecasted to reach 4.44 in one year’s time.

Technical Analysis of Celestica, Inc (CLS)

Celestica, Inc (NYSE: CLS) saw its 5-day average volume 2.07 million, a negative change from its year-to-date volume of 2.27 million. As of the previous 9 days, the stock’s Stochastic %D was 90.47%. Additionally, its Average True Range was 2.76.

During the past 100 days, Celestica, Inc’s (CLS) raw stochastic average was set at 97.39%, which indicates a significant increase from 95.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.37% in the past 14 days, which was higher than the 60.98% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $54.47, while its 200-day Moving Average is $49.77. Nevertheless, the first resistance level for the watch stands at $73.43 in the near term. At $74.53, the stock is likely to face the second major resistance level. The third major resistance level sits at $75.89. If the price goes on to break the first support level at $70.97, it is likely to go to the next support level at $69.61. Assuming the price breaks the second support level, the third support level stands at $68.51.

Celestica, Inc (NYSE: CLS) Key Stats

There are 118,601K outstanding shares of the company, which has a market capitalization of 12.06 billion. As of now, sales total 7,961 M while income totals 244,600 K. Its latest quarter income was 2,500 M while its last quarter net income were 91,700 K.