Profile
Sector:
TechnologyIndustry:
Electronic ComponentsCountry:
CanadaIPO:
30 June 1998Website:
http://www.celestica.comNext earnings report:
29 January 2025Last dividends:
N/ANext dividends:
N/APrice
regular market | 2 min agoDividend
Analysts recommendations
Institutional Ownership
CLS Latest News
CLS remains well positioned to report robust top/ bottom-lines, as observed in its supply agreements with numerous hyperscalers and AI-related companies. These developments have also contributed to its double beat FQ3'24 performance, raised FY2024 guidance, and exemplary FY2025 guidance. CLS' numbers are well supported by the robust AI market spending trends, as reported by TSM and numerous hyperscalers in the FQ3'24 earnings call.
Celestica's Q3 2024 report shows ~$2.5 billion in revenues - that was a 22% growth year over year, with the CCS segment experiencing a stunning 42% YoY expansion. We see Celestica continuing to raise internal expectations - the market is listening and following suit by also significantly raising revenue/EPS estimates en masse. Celestica still seems too undervalued to ignore. According to my calculations, the fair value of Celestica's stock today is around $101 - that's almost 48% more than the stock's price.
Celestica (CLS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Does Celestica (CLS) have what it takes to be a top stock pick for momentum investors? Let's find out.
Celestica (CLS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Celestica (CLS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Celestica stock popped after its Q3 earnings release in post-market trading. Despite a decline in its ATS segment, Celestica's upgraded 2024 outlook and AI infrastructure demand support its bullish thesis. A revenue slowdown from 2025 could pan out, but CLS is targeting higher-value businesses, possibly lifting its profitability.
CLS' reports healthy third-quarter results driven by stronger-than-expected growth in the CCS segment.
Celestica (CLS) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.65 per share a year ago.
What type of business is Celestica?
Celestica Inc. provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services. It also provides hardware platform solutions, which includes development of infrastructure platforms, and hardware and software design solutions and services which is used as-is or customized for specific applications; and management of program including design and supply chain, manufacturing, and after-market support, including IT asset disposition and asset management services. The company offers its products and services to original equipment manufacturers, cloud-based, and other service providers, including hyperscalers, and other companies in aerospace and defense, industrial, HealthTech, capital equipment, and communication and enterprise markets. Celestica Inc. was incorporated in 1994 and is headquartered in Toronto, Canada.
What sector is Celestica in?
Celestica is in the Technology sector
What industry is Celestica in?
Celestica is in the Electronic Components industry
What country is Celestica from?
Celestica is headquartered in Canada
When did Celestica go public?
Celestica initial public offering (IPO) was on 30 June 1998
What is Celestica website?
https://www.celestica.com
Is Celestica in the S&P 500?
No, Celestica is not included in the S&P 500 index
Is Celestica in the NASDAQ 100?
No, Celestica is not included in the NASDAQ 100 index
Is Celestica in the Dow Jones?
No, Celestica is not included in the Dow Jones index
When was Celestica the previous earnings report?
No data
When does Celestica earnings report?
The next expected earnings date for Celestica is 29 January 2025