Celestica Inc. (TSE:CLS) Receives C$183.00 Average PT from Brokerages

Shares of Celestica Inc. (TSE:CLS) (NYSE:CLS) have been assigned an average recommendation of “Strong Buy” from the seven analysts that are presently covering the stock, Marketbeat 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 1-year price target among brokerages that have issued a report on the stock in the last year is C$183.00.

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

Celestica Price Performance

Shares of TSE:CLS opened at C$414.61 on Friday. The company has a current ratio of 1.44, a quick ratio of 0.54 and a debt-to-equity ratio of 35.04. The stock has a market cap of C$47.67 billion, a PE ratio of 57.91, a price-to-earnings-growth ratio of 0.14 and a beta of 1.09. The stock’s fifty day simple moving average is C$395.52 and its two-hundred day simple moving average is C$402.67. Celestica has a 1-year low of C$82.66 and a 1-year high of C$512.83.

Celestica (TSE:CLS) (NYSE:CLS) last posted its earnings results on Wednesday, January 28th. The company reported C$2.59 earnings per share (EPS) for the quarter. The firm had revenue of C$5.02 billion during the quarter. Celestica had a net margin of 6.72% and a return on equity of 44.13%. As a group, analysts forecast that Celestica will post 5.028804 EPS 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.