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Celestica (NYSE:CLS) has received an average rating of “Hold” from the eleven ratings firms that are presently covering the company, Stock Ratings reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $11.96.

Shares of Celestica (NYSE:CLS) traded down 0.63% during mid-day trading on Tuesday, hitting $12.71. 135,233 shares of the company’s stock traded hands. Celestica has a one year low of $8.83 and a one year high of $13.01. The stock has a 50-day moving average of $11.73 and a 200-day moving average of $10.60. The company has a market cap of $2.293 billion and a P/E ratio of 16.40.

Celestica (NYSE:CLS) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.06. The company had revenue of $1.32 million for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company’s revenue for the quarter was down 4.4% on a year-over-year basis. On average, analysts predict that Celestica will post $1.00 earnings per share for the current fiscal year.

CLS has been the subject of a number of recent research reports. Analysts at Raymond James downgraded shares of Celestica from an “outperform” rating to a “market perform” rating in a research note on Tuesday. They now have a $12.00 price target on the stock. Analysts at Salman Partners raised their price target on shares of Celestica from $13.70 to $14.75 in a research note on Monday. They now have a “buy” rating on the stock.

Celestica Inc (NYSE:CLS) is a provider of supply chain solutions globally to original equipment manufacturers (OEMs) and service providers in the communications, consumer, computing and diversified end markets.

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