Shares of Celestica Inc. (TSE:CLS – Get Free Report) (NYSE:CLS) have been assigned an average recommendation of “Strong Buy” from the nine analysts that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a buy recommendation and seven have given a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is C$430.00.
CLS has been the subject of several recent analyst reports. Sanford C. Bernstein upgraded shares of Celestica to a “strong-buy” rating in a research report on Wednesday, September 30th. FBN Securities upgraded shares of Celestica to a “strong-buy” rating in a research note on Tuesday, September 15th. Scotiabank upgraded shares of Celestica to a “strong-buy” rating in a research report on Tuesday, August 11th. Finally, UBS Group raised shares of Celestica from a “hold” rating to a “buy” rating and set a C$430.00 price target for the company in a research report on Monday, August 24th.
Read Our Latest Research Report on CLS
Celestica Stock Up 1.3%
CLS opened at C$292.16 on Monday. The company has a fifty day moving average of C$446.46 and a two-hundred day moving average of C$457.58. Celestica has a fifty-two week low of C$276.06 and a fifty-two week high of C$655.50. The company has a debt-to-equity ratio of 13.18, a quick ratio of 0.54 and a current ratio of 1.61. The stock has a market capitalization of C$36.84 billion, a price-to-earnings ratio of 27.56, a PEG ratio of 0.14 and a beta of 1.09.
Celestica (TSE:CLS – Get Free Report) (NYSE:CLS) last announced its quarterly earnings results on Monday, October 26th. The company reported C$4.70 earnings per share (EPS) for the quarter. Celestica had a return on equity of 38.32% and a net margin of 6.83%. The business had revenue of C$8.30 billion during the quarter. On average, research analysts expect that Celestica will post 5.03 earnings per share for the current year.
About Celestica
Celestica is a technology leader dedicated to driving customer success and market advancements. With deep expertise in design, engineering, manufacturing, supply chain, and platform solutions, Celestica enables critical data center infrastructure for AI, cloud and hybrid cloud, and advances technologies in high-growth markets. With a talented team and a strategic global network, Celestica helps its customers achieve competitive advantages.
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