Celestica Inc. (TSE:CLS) Receives C$367.50 Average Target Price from Analysts

Shares of Celestica Inc. (TSE:CLS – Get Free Report) (NYSE:CLS) have been assigned a consensus rating of “Strong Buy” from the seven research firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a buy rating and six have issued a strong buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$367.50.

CLS has been the subject of several research analyst reports. Susquehanna raised shares of Celestica to a “strong-buy” rating in a report on Wednesday, April 1st. TD Securities raised shares of Celestica from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. TD raised shares of Celestica from a “hold” rating to a “buy” rating and boosted their price target for the company from C$350.00 to C$430.00 in a report on Wednesday, April 29th. Finally, Wolfe Research raised shares of Celestica to a “strong-buy” rating in a report on Tuesday, February 17th.

Get Celestica alerts:

Check Out Our Latest Report on CLS

Celestica Stock Performance

Shares of Celestica stock opened at C$515.94 on Friday. The firm has a fifty day moving average of C$508.94 and a two-hundred day moving average of C$444.83. The stock has a market capitalization of C$59.32 billion, a price-to-earnings ratio of 62.54, a PEG ratio of 0.14 and a beta of 1.61. Celestica has a 52 week low of C$160.59 and a 52 week high of C$655.50. The company has a debt-to-equity ratio of 36.81, a quick ratio of 0.54 and a current ratio of 1.26.

Celestica (TSE:CLS – Get Free Report) (NYSE:CLS) last issued its earnings results on Monday, April 27th. The company reported C$3.00 EPS for the quarter. The company had revenue of C$5.63 billion during the quarter. Celestica had a net margin of 6.95% and a return on equity of 47.41%. As a group, equities research analysts predict that Celestica will post 5.028804 EPS for the current year.

About Celestica

(Get Free Report)

Celestica Inc offers supply chain solutions. The firm operates in two segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). ATS segment consists of the ATS end market and is comprised of A&D, Industrial, Energy, HealthTech, and Capital Equipment businesses. Capital Equipment business is comprised of our semiconductor, display, and power & signal distribution equipment businesses. CCS segment that derives majority revenue consists of Communications and Enterprise end markets.

Featured Articles

• Five stocks we like better than Celestica
• The Bank of Mom and Dad Is Booming—3 Stocks to Watch
• Corning Is Paving AI’s Future With Glass
• Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
• Crypto Winter Is Here: 3 Stocks To Put On Ice This Summer

Receive News & Ratings for Celestica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celestica and related companies with MarketBeat.com's FREE daily email newsletter.