Celestica Inc (NYSE: CLS) has recently enjoyed notable positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Recent meaningful positive changes in investment behavior have benefitted Celestica Inc (NYSE: CLS): the stock’s recent price rise disrupted its longer term downtrend.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Celestica has a slightly negative Appreciation Score of 38 but a very high Power Rating of 99, resulting in the Positive Value Trend Rating.
Recent Price Action
Celestica Inc (NYSE: CLS) stock closed at $56.37 on 6/5/24 after a very large increase of 6.9%. NORMAL trading volume accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -5.1% during the last week.
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