In yesterday’s Wall Street session, Celestica, Inc (NYSE:CLS) shares traded at $94.48, up 8.15% from the previous session.
CLS stock price is now -1.20% away from the 50-day moving average and 46.42% away from the 200-day moving average. The market capitalization of the company currently stands at $10.99B.
With the price target of $95, UBS recently initiated with Neutral rating for Celestica, Inc (NYSE: CLS). On November 05, 2024, Barclays recently initiated its ‘Overweight’ rating on the stock quoting a target price of $91, while ‘Stifel’ rates the stock as ‘Buy’
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 $0.17 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 $31.82 and a high of $131.23. As of last week, the company has a debt-to-equity ratio of 0.52, a current ratio of 1.47, and a quick ratio of 0.87. The fifty day moving average price for CLS is $95.623 and a two-hundred day moving average price translates $64.5289 for the stock.
The latest earnings results from Celestica, Inc (NYSE: CLS) was released for 2024-09-30. The net profit margin was 4.08% and return on equity was 21.21% 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.
