Brokerages Set Celestica Inc. (TSE:CLS) Target Price at C$183.00

Celestica Inc. (TSE:CLS) (NYSE:CLS) has earned a consensus recommendation of “Strong Buy” from the seven analysts that are covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating, one has assigned a buy rating and five have given a strong buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is C$183.00.

Several research firms have recently commented on CLS. TD Securities raised shares of Celestica to a “hold” rating in a report on Wednesday, January 21st. Citigroup upgraded shares of Celestica from a “hold” rating to a “strong-buy” rating in a report on Monday, November 10th. Finally, Wolfe Research raised shares of Celestica to a “strong-buy” rating in a report on Tuesday, February 17th.

Celestica Stock Performance

TSE CLS opened at C$378.78 on Wednesday. The company has a quick ratio of 0.54, a current ratio of 1.47 and a debt-to-equity ratio of 51.72. Celestica has a twelve month low of C$82.66 and a twelve month high of C$512.83. The business has a 50-day moving average price of C$411.83 and a 200-day moving average price of C$389.89. The firm has a market cap of C$43.52 billion, a price-to-earnings ratio of 52.90, a price-to-earnings-growth ratio of 0.14 and a beta of 1.35.

Celestica (TSE:CLS) (NYSE:CLS) last posted its quarterly earnings results on Wednesday, January 28th. The company reported C$2.59 EPS for the quarter. Celestica had a return on equity of 21.24% and a net margin of 4.08%.The company had revenue of C$5.02 billion for the quarter. As a group, equities research analysts predict 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.