Celestica Inc. (TSE:CLS) Receives C$183.00 Consensus Price Target from Analysts

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

CLS has been the subject of several analyst reports. Wolfe Research raised Celestica to a “strong-buy” rating in a research note on Tuesday, February 17th. TD Securities raised Celestica to a “hold” rating in a research report on Wednesday, January 21st.

Celestica Stock Performance

Shares of TSE CLS opened at C$388.66 on Friday. The company has a 50-day simple moving average of C$393.18 and a 200-day simple moving average of C$403.42. The company has a debt-to-equity ratio of 35.04, a current ratio of 1.44 and a quick ratio of 0.54. The company has a market cap of C$44.68 billion, a PE ratio of 54.28, a price-to-earnings-growth ratio of 0.14 and a beta of 1.09. Celestica has a 12 month low of C$82.66 and a 12 month high of C$512.83.

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

About Celestica

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.