Celestica Inc. (TSE:CLS) Given Average Recommendation of “Strong Buy” by Analysts

Shares of Celestica Inc. (TSE:CLS) (NYSE:CLS) have been given an average recommendation of “Strong Buy” by the seven research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, one has given a buy rating and five have given a strong buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$183.00.

Several analysts have issued reports on CLS shares. TD Securities raised Celestica to a “hold” rating in a research report on Wednesday, January 21st. Wolfe Research raised Celestica to a “strong-buy” rating in a research report on Tuesday, February 17th.

Celestica Price Performance

Shares of CLS opened at C$369.27 on Friday. The company has a debt-to-equity ratio of 35.04, a quick ratio of 0.54 and a current ratio of 1.44. The company has a 50 day moving average price of C$397.20 and a 200-day moving average price of C$400.74. Celestica has a fifty-two week low of C$82.66 and a fifty-two week high of C$512.83. The stock has a market capitalization of C$42.45 billion, a PE ratio of 51.57, a PEG ratio of 0.14 and a beta of 1.09.

Celestica (TSE:CLS) (NYSE:CLS) last issued its quarterly earnings data on Wednesday, January 28th. The company reported C$2.59 earnings per share (EPS) for the quarter. The company had revenue of C$5.02 billion for the quarter. Celestica had a net margin of 6.72% and a return on equity of 44.13%. Equities analysts predict that Celestica will post 5.028804 earnings per share for the current fiscal year.

Celestica Company Profile

Celestica Inc offers supply chain solutions. The firm operates in two segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). ATS segment consists of the ATS end market and is comprised of A&D, Industrial, Energy, HealthTech, and Capital Equipment businesses. Capital Equipment business is comprised of our semiconductor, display, and power & signal distribution equipment businesses. CCS segment that derives majority revenue consists of Communications and Enterprise end markets.