Important positive changes in Celestica Inc (NYSE: CLS) fundamentals have recently occurred: 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). Significant positive changes in investment behavior have recently occurred: 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 is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Celestica has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Celestica has a neutral Appreciation Score of 43 but a very high Power Rating of 99, triggering the Positive Value Trend Rating.
Recent Price Action
On 2/28/24, Celestica Inc (NYSE: CLS) stock declined modestly by -1.5%, closing at $41.15. However, unusually low trading volume at 54% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 9.9% during the last week.
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