Celestica Inc. (TSE:CLS) Receives C$183.00 Average PT from Analysts

Shares of Celestica Inc. (TSE:CLS) (NYSE:CLS) have earned an average rating of “Strong Buy” from the eight brokerages that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating, one has issued a buy rating and six have given a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$183.00.

Several analysts recently issued reports on CLS shares. Wolfe Research raised shares of Celestica to a “strong-buy” rating in a research report on Tuesday, February 17th. Susquehanna raised shares of Celestica to a “strong-buy” rating in a research report on Wednesday, April 1st. Finally, TD Securities raised shares of Celestica to a “hold” rating in a research report on Wednesday, January 21st.

Celestica Stock Performance

TSE CLS opened at C$542.89 on Thursday. The company has a fifty day simple moving average of C$404.66 and a 200 day simple moving average of C$414.86. Celestica has a 12-month low of C$109.19 and a 12-month high of C$545.98. The company has a current ratio of 1.44, a quick ratio of 0.54 and a debt-to-equity ratio of 35.04. The company has a market cap of C$62.42 billion, a P/E ratio of 75.82, a PEG ratio of 0.14 and a beta of 1.03.

Celestica (TSE:CLS) (NYSE:CLS) last posted its quarterly earnings results on Wednesday, January 28th. The company reported C$2.59 earnings per share (EPS) for the quarter. Celestica had a net margin of 6.72% and a return on equity of 44.13%. The business had revenue of C$5.02 billion during the quarter. Sell-side analysts predict that Celestica will post 5.028804 earnings per share for the current fiscal year.

About Celestica

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.