Recent important positive changes in fundamentals have benefitted Celestica Inc (NYSE: CLS): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Celestica Inc (NYSE: CLS) has benefited from meaningful positive changes in investment behavior: the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
CLS’ future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Celestica has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Celestica has a slightly negative Appreciation Score of 38 but a very high Power Rating of 98, leading to the Positive Value Trend Rating.
Recent Price Action
Celestica Inc (NYSE: CLS) stock closed at $52.06 on 5/15/24 after a very large increase of 8.5%. Moreover, this advance was accompanied by exceptionally high trading volume at 219% of normal. The stock has risen 8.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
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