Celestica Inc. (CLS)
- Previous Close
55.37 - Open
55.80 - Bid 58.59 x 900
- Ask 58.61 x 800
- Day's Range
55.40 - 58.93 - 52 Week Range
11.72 - 58.93 - Volume
1,173,029 - Avg. Volume
2,275,765 - Market Cap (intraday)
7.039B - Beta (5Y Monthly) 2.35
- PE Ratio (TTM)
21.95 - EPS (TTM)
2.68 - Earnings Date Jul 24, 2024 - Jul 29, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date --
- 1y Target Est
53.78
Celestica Inc. provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services. It also provides hardware platform solutions, which includes development of infrastructure platforms, and hardware and software design solutions and services which is used as-is or customized for specific applications; and management of program including design and supply chain, manufacturing, and after-market support, including IT asset disposition and asset management services. The company offers its products and services to original equipment manufacturers, cloud-based, and other service providers, including hyperscalers, and other companies in aerospace and defense, industrial, HealthTech, capital equipment, and communication and enterprise markets. Celestica Inc. was incorporated in 1994 and is headquartered in Toronto, Canada.
www.celestica.com21,890
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: CLS
Performance Overview: CLS
Trailing total returns as of 5/24/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: CLS
Valuation Measures
Market Cap
6.60B
Enterprise Value
7.13B
Trailing P/E
20.66
Forward P/E
16.64
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
0.80
Price/Book (mrq)
3.84
Enterprise Value/Revenue
0.86
Enterprise Value/EBITDA
11.46
Financial Highlights
Profitability and Income Statement
Profit Margin
3.86%
Return on Assets (ttm)
4.99%
Return on Equity (ttm)
19.10%
Revenue (ttm)
8.33B
Net Income Avi to Common (ttm)
321.6M
Diluted EPS (ttm)
2.68
Balance Sheet and Cash Flow
Total Cash (mrq)
308.1M
Total Debt/Equity (mrq)
48.65%
Levered Free Cash Flow (ttm)
284.04M
Research Analysis: CLS
Company Insights: CLS
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Research Reports: CLS
Argus Quick Note: Weekly Stock List for 05/20/2024: Companies Raising Guidance
Management's ability to "raise guidance" can often be a catalyst for market-beating returns in the quarters ahead. The first-quarter earnings season has crossed the 90% mark and is wrapping up, with blended earnings (actual results and the consensus for those still to report) showing a year-over-year gain of almost 7%, according to Refinitiv. That is considerably better than the 4%-7% advance expected at the start of the earnings period. Leading the outperformance were strong gains in Communication Services earnings, up 43%, and Consumer Discretionary, up 26%. On the flipside, Healthcare and Energy, both down 24%, are performing the worst. Our analysts are always on the lookout for companies that boost outlooks during earnings season, as this is often a signal for momentum in the months ahead. Here is an initial list of BUY-rated companies in the Argus Fundamental Universe of Coverage at which management raised guidance or increased its outlook during the 1Q24 EPS reporting season.
With earnings season almost finished (although a lot of foreign companies report this week) and no FOMC rate decision until June 12, perhaps we can take a deep breath, meditate, and relax for a bit.
With earnings season almost finished (although a lot of foreign companies report this week) and no FOMC rate decision until June 12, perhaps we can take a deep breath, meditate, and relax for a bit. Ha. Not in this game. Here come those pesky inflation numbers, with April PPI on Tuesday, April CPI on Wednesday, and the April Import Price Index on Thursday. And when the FOMC is quiet for a bit, Fed presidents and governors love to hear themselves speak. Finally, by way of pending earnings reports note, we get AMAT this week and then (the biggie) NVIDIA on May 22. Presumably, NVDA releases numbers late because it takes so long to count all that money!
Raising target to $50
Celestica, formerly a captive manufacturing division of IBM, became a separate electronic manufacturing services (EMS) company in 1996. Celestica provides end-to-end product lifecycle solutions for a range of technology markets, including communications, servers, storage, and consumer electronics. It also serves diversified nontechnology markets, including industrial, automotive, capital equipment, and medical. Based in Toronto, the company has over 23,000 employees.
RatingPrice TargetSwings to revenue growth, but some markets soft; reiterating HOLD
Toronto-based Celestica, formerly a captive manufacturing division of IBM, was launched as a separate electronic manufacturing services (EMS) company in 1994. Celestica provides multiple services from design to manufacturing to logistics in technology markets including communications, servers, storage, and consumer electronics, and also serves diversified non-technology markets including industrial, automotive, capital equipment, medical and other.
RatingPrice Target