Celestica Stock Analysis

CLS Stock  USD 44.94  0.62  1.36%   
Celestica is overvalued with Real Value of 37.53 and Target Price of 27.0. The main objective of Celestica stock analysis is to determine its intrinsic value, which is an estimate of what Celestica is worth, separate from its market price. There are two main types of Celestica's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Celestica's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Celestica's stock to identify patterns and trends that may indicate its future price movements.
The Celestica stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Celestica is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Celestica Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Celestica's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celestica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Celestica Stock please use our How to Invest in Celestica guide.

Celestica Stock Analysis Notes

About 76.0% of the company shares are held by institutions such as insurance companies. The book value of Celestica was currently reported as 14.87. The company had not issued any dividends in recent years. Celestica had 2:1 split on the 22nd of December 1999. Celestica Inc. provides hardware platform and supply chain solutions in North America, Europe, and Asia. Celestica Inc. was incorporated in 1994 and is headquartered in Toronto, Canada. Celestica operates under Electronic Components classification in the United States and is traded on New York Stock Exchange. It employs 18643 people. For more info on Celestica please contact Robert Mionis at 416-448-2211 or go to https://www.celestica.com.

Celestica Quarterly Total Revenue

2.2 Billion

Celestica Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Celestica's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Celestica or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Celestica appears to be risky and price may revert if volatility continues
Celestica is unlikely to experience financial distress in the next 2 years
Over 76.0% of the company shares are held by institutions such as insurance companies
Latest headline from investorplace.com: Opportunity Knocks The Seismic Shift Coming for the AI Industry

Celestica Upcoming and Recent Events

Earnings reports are used by Celestica to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Celestica previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
29th of January 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
29th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Celestica Largest EPS Surprises

Earnings surprises can significantly impact Celestica's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2009-07-23
2009-06-300.10.110.0110 
2007-07-26
2007-06-300.010.020.01100 
2006-04-27
2006-03-310.090.08-0.0111 
View All Earnings Estimates

Celestica Thematic Classifications

In addition to having Celestica stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Millennials Best Idea
Millennials Best
Firms that are involved in making products or providing services to millennials

Celestica Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Celestica is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Celestica backward and forwards among themselves. Celestica's institutional investor refers to the entity that pools money to purchase Celestica's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
American Century Companies Inc2023-12-31
1.9 M
Morgan Stanley - Brokerage Accounts2023-12-31
1.8 M
Hillsdale Investment Management Inc.2023-12-31
1.7 M
S.a.c. Capital Advisors (hong Kong) Ltd.2023-12-31
1.6 M
Millennium Management Llc2023-12-31
1.5 M
Grantham, Mayo, Van Otterloo & Co., Llc2023-12-31
1.4 M
Dimensional Fund Advisors, Inc.2023-12-31
1.3 M
Donald Smith & Co Inc2023-12-31
1.3 M
Shannon River Fund Management Llc2023-12-31
1.3 M
Connor Clark & Lunn Inv Mgmt Ltd2023-12-31
6.1 M
Letko, Brosseau & Associates Inc.2023-12-31
4.7 M
Note, although Celestica's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Celestica Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 5.36 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Celestica's market, we take the total number of its shares issued and multiply it by Celestica's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Celestica Profitablity

Celestica's profitability indicators refer to fundamental financial ratios that showcase Celestica's ability to generate income relative to its revenue or operating costs. If, let's say, Celestica is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Celestica's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Celestica's profitability requires more research than a typical breakdown of Celestica's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.03 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.04 %, which entails that for every 100 dollars of revenue, it generated $0.04 of operating income.
Last ReportedProjected for 2024
Return On Capital Employed 0.15  0.16 
Return On Assets 0.04  0.04 
Return On Equity 0.14  0.15 

Management Efficiency

Celestica has Return on Asset of 0.0405 % which means that on every $100 spent on assets, it made $0.0405 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.142 %, implying that it generated $0.142 on every 100 dollars invested. Celestica's management efficiency ratios could be used to measure how well Celestica manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.16 in 2024. Return On Assets is likely to gain to 0.04 in 2024. At this time, Celestica's Other Current Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.04 in 2024, whereas Non Current Assets Total are likely to drop slightly above 848.7 M in 2024.
Last ReportedProjected for 2024
Price Book Value Ratio 2.00  1.67 
Enterprise Value Multiple 6.90  8.59 
Price Fair Value 2.00  1.67 
The analysis of Celestica's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Celestica's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Celestica Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
2.314

Technical Drivers

As of the 29th of March, Celestica shows the Risk Adjusted Performance of 0.1261, mean deviation of 2.46, and Downside Deviation of 2.33. Celestica technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Celestica, which can be compared to its rivals. Please confirm Celestica downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Celestica is priced correctly, providing market reflects its regular price of 44.94 per share. Given that Celestica has jensen alpha of 0.3356, we suggest you to validate Celestica's prevailing market performance to make sure the company can sustain itself at a future point.

Celestica Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Celestica middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Celestica. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Celestica Predictive Daily Indicators

Celestica intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Celestica stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Celestica Corporate Filings

11th of March 2024
Other Reports
ViewVerify
6K
28th of February 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
13A
12th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
8th of February 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
6K
31st of January 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
30th of January 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
13A
12th of January 2024
An amended filing to the original Schedule 13G
ViewVerify
6K
12th of December 2023
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify

Celestica Forecast Models

Celestica's time-series forecasting models are one of many Celestica's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Celestica's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Celestica Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Celestica prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Celestica shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Celestica. By using and applying Celestica Stock analysis, traders can create a robust methodology for identifying Celestica entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin 0.04  0.04 
Operating Profit Margin 0.05  0.05 
Net Profit Margin 0.03  0.03 
Gross Profit Margin 0.09  0.06 

Current Celestica Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Celestica analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Celestica analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
27.0Strong Buy10Odds
Celestica current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Celestica analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Celestica stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Celestica, talking to its executives and customers, or listening to Celestica conference calls.
Celestica Analyst Advice Details

Celestica Stock Analysis Indicators

Celestica stock analysis indicators help investors evaluate how Celestica stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Celestica shares will generate the highest return on investment. By understating and applying Celestica stock analysis, traders can identify Celestica position entry and exit signals to maximize returns.
Begin Period Cash Flow374.3 M
Long Term Debt589.3 M
Common Stock Shares Outstanding120.3 M
Total Stockholder Equity1.8 B
Tax Provision62 M
Quarterly Earnings Growth Y O Y1.026
Property Plant And Equipment Net623.5 M
Cash And Short Term Investments368.5 M
Cash368.5 M
Accounts Payable1.3 B
Net Debt410.3 M
50 Day M A40.0514
Total Current Liabilities3.2 B
Other Operating Expenses7.7 B
Non Current Assets Total1.4 B
Forward Price Earnings15.3846
Non Currrent Assets Other27.5 M
Stock Based Compensation55.6 M
When determining whether Celestica is a strong investment it is important to analyze Celestica's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Celestica's future performance. For an informed investment choice regarding Celestica Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celestica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Celestica Stock please use our How to Invest in Celestica guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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Is Celestica's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Celestica. If investors know Celestica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Celestica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.026
Earnings Share
2.03
Revenue Per Share
66.286
Quarterly Revenue Growth
0.048
Return On Assets
0.0405
The market value of Celestica is measured differently than its book value, which is the value of Celestica that is recorded on the company's balance sheet. Investors also form their own opinion of Celestica's value that differs from its market value or its book value, called intrinsic value, which is Celestica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Celestica's market value can be influenced by many factors that don't directly affect Celestica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Celestica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Celestica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celestica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.