4.45% volatility in Celestica, Inc (CLS) last month: This is a red flag warning

Celestica, Inc (NYSE: CLS) kicked off on Monday, down -3.99% from the previous trading day, before settling in for the closing price of $89.16. Over the past 52 weeks, CLS has traded in a range of $25.83-$93.15.

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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. While this was happening, its average annual earnings per share was recorded 58.58%. With a float of $115.60 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. 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

Our next focus will be how large-scale investors are participating in this stock of the Electronic Components Industry. The insider ownership of Celestica, Inc is 0.65%, while institutional ownership is 77.07%. The most recent insider transaction that took place on Nov 07 ’24, was worth 1,458,000. Before that another transaction happened on Nov 06 ’24, when Company’s Officer proposed sale 60,000 for $79.51, making the entire transaction worth $4,770,600.

Celestica, Inc (CLS) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.76 earnings per share (EPS), higher than consensus estimate (set at 0.68) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.99 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 58.58% 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

Take a look at Celestica, Inc’s (CLS) current performance indicators. Last quarter, stock had a quick ratio of 0.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.47. Likewise, its price to free cash flow for the trailing twelve months is 42.57.

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 4.46 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 2.65 million. That was better than the volume of 2.3 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 71.26%. Additionally, its Average True Range was 3.96.

During the past 100 days, Celestica, Inc’s (CLS) raw stochastic average was set at 85.73%, which indicates a significant increase from 50.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.58% in the past 14 days, which was lower than the 61.84% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $65.74, while its 200-day Moving Average is $53.52. However, in the short run, Celestica, Inc’s stock first resistance to watch stands at $89.70. Second resistance stands at $93.80. The third major resistance level sits at $96.28. If the price goes on to break the first support level at $83.12, it is likely to go to the next support level at $80.64. Assuming the price breaks the second support level, the third support level stands at $76.54.

Celestica, Inc (NYSE: CLS) Key Stats

The company with the Market Capitalisation of 13.57 billion has total of 116,359K Shares Outstanding. Its annual sales at the moment are 7,961 M in contrast with the sum of 244,600 K annual income. Company’s last quarter sales were recorded 2,500 M and last quarter income was 91,700 K.