Celestica Inc. (CLS)
| Market Cap | 11.09B |
| Revenue (ttm) | 9.24B |
| Net Income (ttm) | 377.20M |
| Shares Out | 116.36M |
| EPS (ttm) | 3.16 |
| PE Ratio | 29.39 |
| Forward PE | 21.81 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,878,715 |
| Open | 90.21 |
| Previous Close | 93.05 |
| Day's Range | 89.52 - 98.05 |
| 52-Week Range | 26.62 - 100.51 |
| Beta | 2.23 |
| Analysts | Strong Buy |
| Price Target | 75.78 (-20.61%) |
| Earnings Date | Jan 27, 2025 |
About CLS
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 l... [Read more]
Financial Performance
In 2023, Celestica's revenue was $7.96 billion, an increase of 9.81% compared to the previous year's $7.25 billion. Earnings were $244.60 million, an increase of 68.11%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for CLS stock is "Strong Buy." The 12-month stock price forecast is $75.78, which is a decrease of -20.61% from the latest price.
News
Celestica: Management Guidance Appears Very Conservative
Celestica's stock surged 45.81% since my last article, driven by a significant EPS and revenue beat, reinforcing my strong buy recommendation. The CCS segment's rapid growth and higher margins are key...
Celestica Could Be Tremendously Undervalued As Pressures Grow On Supply Chains
Celestica has been able to build a commanding position across a range of key sectors in recent years, supporting a Buy rating. Strong growth in earnings, a robust balance sheet, and tactical investmen...
Celestica: 2025 Should Look Much Different
Celestica's stock has surged, tripling in value over eleven months, but short-term upside appears limited due to overextended daily price charts and negative momentum divergence. Despite overbought co...
Celestica: The AI Datacenter's Supply Chain Winner
Celestica Inc.'s robust fundamentals and strong demand from the data center business continue to drive growth, supporting a Buy rating. The company's HPS networking switches revenue grew 54%, accounti...
Celestica: The Unsung AI Champion
Celestica's stock has surged 50% in three months, driven by AI and data center tailwinds. Recent earnings report showed over 20% YoY revenue growth for three consecutive quarters, with record adjusted...
Celestica: AI Capex Boom Still Promising, Baked-In Premium Triggers Downgrade
CLS remains well positioned to report robust top/ bottom-lines, as observed in its supply agreements with numerous hyperscalers and AI-related companies. These developments have also contributed to it...
Celestica Stock Is A Real AI Bargain Today
Celestica's Q3 2024 report shows ~$2.5 billion in revenues - that was a 22% growth year over year, with the CCS segment experiencing a stunning 42% YoY expansion. We see Celestica continuing to raise ...
Celestica Announces TSX Acceptance of Early Renewal of Its Normal Course Issuer Bid
TORONTO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. (NYSE: CLS) (TSX: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative compan...
Celestica Q3: Defying Expectations With Undemanding Valuations
Celestica stock popped after its Q3 earnings release in post-market trading. Despite a decline in its ATS segment, Celestica's upgraded 2024 outlook and AI infrastructure demand support its bullish th...
Celestica Inc. (CLS) Q3 2024 Earnings Call and Virtual Investor Meeting Conference Call Transcript
Celestica Inc. (NYSE:CLS) Q3 2024 Earnings Call and Virtual Investor Meeting Conference Call October 23, 2024 5:00 PM ET Company Participants Craig Oberg – Vice President of Corporate Development and...
Celestica Announces Third Quarter 2024 Financial Results and Will Host Virtual Investor Meeting
Q3 2024 revenue and non-IFRS adjusted EPS* exceed the high end of guidance ranges; 2024 full-year outlook raised and 2025 outlook provided Q3 2024 revenue and non-IFRS adjusted EPS* exceed the high en...
Celestica: Riding The Wave Of Unstoppable AI Momentum
Celestica's share price surged 40% since my first call, driven by strong AI-related revenue and EBITDA growth. CLS is set to report Q3 earnings on October 23. AI tailwinds and robust data center inves...
Why Celestica Stock Is A Strong Buy Into Q3 Earnings
Celestica is expected to beat both revenue and earnings, driven by strong AI demand and favorable market conditions. Management's guidance and analysts' expectations suggest significant growth, with m...
Why Celestica Stock Is A Solid 'Buy' Before Q3 Earnings Release
I still believe that Celestica is one of the most undervalued and underlooked opportunities in the AI market today. The company's Q2 FY2024 results showed impressive year-on-year growth, with sales up...
Celestica: Still A Value Buy Despite The Recent Recovery
CLS' overly expensive valuations have finally been brought closer to earth, thanks to the recent market rotation in July/ August 2024. With the two main players in AI still reporting robust performanc...
Celestica Launches the DS4100, its Latest 800G Switch Optimized for AI/ML Data Center Workloads
TORONTO, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Celestica Inc . (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative compa...
Celestica (CLS) Shares Surge with Strong Institutional Support
Celestica Inc. (CLS, Financial) saw a significant stock price increase of 5.01%. The stock is currently trading at $58.50 per share with a trading volume of 1.23 million shares, a turnover rate of 1.0...
Celestica to Hold Q3 2024 Financial Results Conference Call and Virtual Investor Meeting Wednesday, October 23, 2024
TORONTO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Celestica's third quarter financial results conference call and virtual investor meeting will take place on Wednesday, October 23. The conference call start ...
12 Stocks To Profit From The Boom In Data Centers And Artificial Intelligence
Amazon recently announced that it will invest several billions more in UK-based data centers. In the AI server space, Dell Technologies and Super Micro have also benefited from the data center boom, u...
Celestica: Dirt Cheap AI Stock
Celestica stock has underperformed the market since it peaked in July 2024, as the market reallocated toward other sectors. CLS is exposed to secular AI growth tailwinds. AI investors should remain fo...
Celestica Recognized Among Lam Research's 2024 Supplier Excellence Award Winners
TORONTO, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative compa...
Celestica: Institutional Investors Are Buying, So Am I
Celestica's recent 6.4% stock decline is unrelated to fundamentals; strong revenue growth and operating leverage indicate solid financial performance. AI and data center tailwinds remain robust, with ...
Celestica stock gets a ‘Buy' rating from Stifel: should you invest?
On Monday, analysts at Stifel upgraded Celestica Inc. (NYSE: CLS) from ‘Hold' to ‘Buy,' maintaining their price target at $58. This implies a potential upside of over 40% from current price levels.
Celestica: Unparalleled Growth And Compelling Valuation
Celestica continues to demonstrate strong revenue growth and substantial operating leverage as it capitalizes on secular trends in AI and data centers. The company's revenue and EBITDA growth are unma...
Celestica Announces Availability of the SC6100: A Next-Generation Storage Controller for Demanding Enterprise Workloads
TORONTO, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Celestica Inc . (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative compa...