Let’s look at the key reasons that are pushing Celestica, Inc (CLS) to new highs

A new trading day began on Tuesday, with Celestica, Inc (NYSE: CLS) stock price up 5.25% from the previous day of trading, before settling in for the closing price of $84.96. CLS’s price has ranged from $25.83 to $93.15 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 4.58%. Meanwhile, its annual earnings per share averaged 58.62%. With a float of $115.63 million, this company’s outstanding shares have now reached $118.60 million.

Considering the fact that the conglomerate employs 26554 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 10.13%, operating margin of 5.83%, and the pretax margin is 5.03%.

Celestica, Inc (CLS) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Electronic Components Industry. The insider ownership of Celestica, Inc is 0.63%, while institutional ownership is 76.66%. The most recent insider transaction that took place on Dec 02 ’24, was worth 6,682,950. Before that another transaction happened on Dec 02 ’24, when Company’s Chief Human Resources Officer proposed sale 4,552 for $86.67, making the entire transaction worth $394,522.

Celestica, Inc (CLS) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 58.62% 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

Here are Celestica, Inc’s current performance indicators. According to the last quarter’s results, the 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 1.13. Likewise, its price to free cash flow for the trailing twelve months is 32.65.

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)

Compared to the last year’s volume of 2.3 million, its volume of 2.13 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 44.27%. Additionally, its Average True Range was 3.78.

During the past 100 days, Celestica, Inc’s (CLS) raw stochastic average was set at 92.95%, which indicates a significant increase from 75.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.55% in the past 14 days, which was lower than the 62.22% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $69.49, while its 200-day Moving Average is $54.70. Nevertheless, the first resistance level for the watch stands at $91.14 in the near term. At $92.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $96.17. If the price goes on to break the first support level at $86.11, it is likely to go to the next support level at $82.79. Now, if the price goes above the second support level, the third support stands at $81.08.

Celestica, Inc (NYSE: CLS) Key Stats

With a market capitalization of 10.40 billion, the company has a total of 116,359K Shares Outstanding. Currently, annual sales are 7,961 M while annual income is 244,600 K. The company’s previous quarter sales were 2,500 M while its latest quarter income was 91,700 K.