Celestica Inc (CLS) to Post Q1 2018 Earnings of $0.20 Per Share, Beacon Securities Forecasts

Celestica Inc (TSE:CLS) (NYSE:CLS) – Stock analysts at Beacon Securities issued their Q1 2018 EPS estimates for shares of Celestica in a report issued on Monday. Beacon Securities analyst G. Leung forecasts that the company will post earnings per share of $0.20 for the quarter. Beacon Securities also issued estimates for Celestica’s Q2 2018 earnings at $0.22 EPS, Q3 2018 earnings at $0.27 EPS and Q4 2018 earnings at $0.27 EPS.

Several other analysts also recently commented on the company. Scotiabank reduced their price objective on Celestica from C$14.00 to C$11.00 and set a “sector perform” rating for the company in a research note on Thursday, January 25th. Royal Bank of Canada reduced their price objective on Celestica from C$13.00 to C$11.00 and set a “sector perform” rating for the company in a research note on Thursday, January 25th. TD Securities reduced their price objective on Celestica to C$14.75 and set a “hold” rating for the company in a research note on Friday, October 27th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a C$12.50 price objective on shares of Celestica in a research note on Friday, October 27th.

Shares of Celestica (CLS) opened at C$10.10 on Thursday. The company has a market capitalization of $1,840.00, a P/E ratio of 10.63 and a beta of 0.36. Celestica has a one year low of C$9.79 and a one year high of C$14.74.

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Celestica Company Profile

Celestica Inc is a provider of supply chain solutions. The Company operates in electronics manufacturing services business segment. The Company offers a range of services to its customers, including design and development, engineering services, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics and after-market repair and return services.

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