Celestica announced that its revenue for the fourth quarter of 2024 reached $2.55 billion, which is a 19% increase compared to the previous year. The revenue from the CCS segment rose by 30% year-on-year to $1.74 billion. For the entire year of 2025, the company expects to earn $10.7 billion, an 11% increase from last year, with adjusted earnings per share projected to be $4.75, up 22% year-on-year.
Investors frequently depend on the advice of Wall Street analysts to make choices about buying, selling, or holding stocks. Changes in the ratings given by these analysts, who work for brokerage firms, can significantly influence a stock's price. Media coverage of these rating changes often plays a role in this impact.
Celestica has received a "Strong Buy" rating after a 40% drop in its stock price, making it an attractive option for GARP investors. Even with worries about tariffs, the company's earnings per share growth, high operating margins, and strong demand from major customers indicate that the stock is undervalued by at least 31%. Additionally, Celestica's shift towards higher-value ODM services and growth in its CCS segment suggest it is well-prepared for long-term success and stability.
Celestica (CLS) has been getting a lot of interest from users on Zacks.com recently. As a result, it's important to understand the factors that could affect the stock's future.
Celestica (CLS) closed at $107.05 on the most recent trading day, showing a decrease of 0.76% from its previous closing price.
Wall Street analysts have set an average price target for Celestica (CLS) that suggests a possible increase of 26.8%. Although the reliability of this popular measure is debatable, the recent positive changes in earnings estimates could lead to a rise in the stock's value.
Celestica's impressive performance in the fourth quarter and positive outlook for fiscal year 2025, fueled by AI trends and data center investments, justify a "Strong buy" recommendation. The stock appears to be a good deal, with a DCF model suggesting a potential increase of 38%, even with cautious growth estimates. With its financial strength, low RSI levels, and strong momentum, Celestica is set for ongoing growth and value generation.
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This is a comparison of how Celestica (CLS) and Anterix (ATEX) have done in relation to their industry this year.
Celestica (CLS) has strong growth characteristics that may enable it to significantly exceed market performance.