Last Updated: 11 Nov 2024
Executive Summary
Celestica Inc. (CLS) is a leading provider of hardware platforms and supply chain solutions. The company has a strong financial position with a market capitalization of $10.03 billion and an EBITDA of $654.5 million. CLS is currently trading at $85.85, below its 52-week high of $86.36. The company's fundamentals are strong, with a trailing PE ratio of 27.17 and a forward PE ratio of 19.38. Analysts have a strong buy rating on CLS, with a target price of $73.3.
Company Overview
Celestica Inc. provides hardware platforms and supply chain solutions to customers in North America, Europe, and Asia. The company's products include servers, storage systems, networking equipment, and industrial automation systems. CLS also provides a range of supply chain services, including inventory management, order fulfillment, and logistics.
Fundamental Analysis
CLS has a strong financial position. The company's revenue for the trailing twelve months (TTM) was $9.24 billion, and its gross profit was $640.3 million. CLS's net income for the TTM was $387.2 million, and its diluted EPS was $3.16.
CLS's financial ratios are also strong. The company's trailing PE ratio is 27.17, and its forward PE ratio is 19.38. CLS's price-to-sales ratio is 1.085, and its price-to-book ratio is 5.49.
Technical Analysis
CLS's stock price has been trading in a range between $50.78 and $86.36 over the past 52 weeks. The stock is currently trading at $85.85, near the top of its range.
CLS's technical indicators are mixed. The stock's 50-day moving average is $56.99, and its 200-day moving average is $50.78. The stock's relative strength index (RSI) is 65.07, which indicates that the stock is overbought.
Short Term Outlook
CLS's stock price is likely to continue to trade in a range in the short term. The stock's technical indicators are mixed, and the company's fundamentals are strong. However, the stock is currently trading near the top of its range, and it may be due for a pullback.
Long Term Outlook
CLS's long-term outlook is positive. The company's fundamentals are strong, and the company is well-positioned to benefit from the growing demand for hardware platforms and supply chain solutions. CLS's stock price is likely to continue to rise over the long term.
Analyst Recommendations
Analysts have a strong buy rating on CLS. The consensus target price for the stock is $73.3.
