The price of Celestica, Inc (NYSE:CLS) shares last traded on Wall Street rose 8.16% to $123.47.
CLS stock price is now 26.65% away from the 50-day moving average and 88.38% away from the 200-day moving average. The market capitalization of the company currently stands at $14.37B.
With the price target maintained at $150, CIBC recently Upgraded its rating from Neutral to Sector Outperform for Celestica, Inc (NYSE: CLS). On November 22, 2024, UBS recently initiated its ‘Neutral’ rating on the stock quoting a target price of $95, while ‘Barclays’ rates the stock as ‘Overweight’
In other news, Wilson Michael, Director sold 25,000 shares of the company’s stock on Jan 06 ’25. The stock was sold for $2,468,250 at an average price of $98.73. Upon completion of the transaction, the Director now directly owns 1,784 shares in the company, valued at $0.22 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 02 ’24, Officer, Director Robert A. Mionis bought 77,108 shares of the business’s stock. A total of $6,682,950 was incurred on buying the stock at an average price of $86.67. A total of 0.64% of the company’s stock is owned by insiders.
During the past 12 months, Celestica, Inc has had a low of $32.80 and a high of $131.23. As of last week, the company has a debt-to-equity ratio of 0.42, a current ratio of 1.49, and a quick ratio of 0.91. According to the stock market information, the enterprise value for the company is $12420517888, which is based on a 32.92 price-to-earnings ratio, a 1.64 price-to-earnings-growth ratio, and a beta of 2.28. The fifty day moving average price for CLS is $97.491 and a two-hundred day moving average price translates $65.5439 for the stock.
The latest earnings results from Celestica, Inc (NYSE: CLS) was released for 2024-09-30. The net profit margin was 4.61% and return on equity was 24.27% for CLS. The company reported revenue of $2.5 billion for the quarter, compared to $2.04 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.33 percent.
