A major move is in the offing as Celestica, Inc (CLS) market cap hits 37.55 billion

Steve Mayer

Celestica, Inc (NYSE: CLS) on Tuesday, soared 8.16% from the previous trading day, before settling in for the closing price of $301.82. Within the past 52 weeks, CLS’s price has moved between $58.05 and $314.29.

During the last 5-year period, the sales growth of Technology Sector giant was 46.52%. The company achieved an average annual earnings per share of 47.14%. With a float of $114.44 million, this company’s outstanding shares have now reached $115.00 million.

Let’s determine the extent of company efficiency that accounts for 26865 employees.

Celestica, Inc (CLS) Insider Activity

Observing investor behavior towards Electronic Components industry stocks is more important than anything else. The insider ownership of Celestica, Inc is 0.51%, while institutional ownership is 73.64%. The most recent insider transaction that took place on Jan 06 ’25, was worth 2,468,250. In this transaction Director of this company sold 25,000 shares at a rate of $98.73, taking the stock ownership to the 1,784 shares. Before that another transaction happened on May 30 ’25, when Company’s Former Officer proposed sale 3,672 for $119.47, making the entire transaction worth $438,694.

Celestica, Inc (CLS) Earnings and Forecasts

As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported 1.11 earnings per share (EPS) for the period topping the consensus outlook (set at 1.06) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.71 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 47.14% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 37.86% during the next five years compared to 46.52% growth over the previous five years of trading.

Celestica, Inc (NYSE: CLS) Trading Performance Indicators

Celestica, Inc (CLS) is currently performing well based on its current performance indicators. A quick ratio of 0.88 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.33. Likewise, its price to free cash flow for the trailing twelve months is 94.48.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.16, a number that is poised to hit 1.62 in the next quarter and is forecasted to reach 7.63 in one year’s time.

Technical Analysis of Celestica, Inc (CLS)

Looking closely at Celestica, Inc (NYSE: CLS), its last 5-days average volume was 4.21 million, which is a jump from its year-to-date volume of 4.05 million. As of the previous 9 days, the stock’s Stochastic %D was 80.70%.

During the past 100 days, Celestica, Inc’s (CLS) raw stochastic average was set at 87.81%, which indicates a significant increase from 75.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.84 in the past 14 days, which was higher than the 10.80 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $243.07, while its 200-day Moving Average is $152.93. However, in the short run, Celestica, Inc’s stock first resistance to watch stands at $349.78. Second resistance stands at $373.11. The third major resistance level sits at $390.72. If the price goes on to break the first support level at $308.84, it is likely to go to the next support level at $291.23. Should the price break the second support level, the third support level stands at $267.90.

Celestica, Inc (NYSE: CLS) Key Stats

Market capitalization of the company is 37.55 billion based on 115,033K outstanding shares. Right now, sales total 9,646 M and income totals 428,000 K. The company made 2,893 M in profit during its latest quarter, and 211,000 K in sales during its previous quarter.

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