Celestica (TSE:CLS) Releases Quarterly Earnings Results

Celestica (TSE:CLSGet Free Report) (NYSE:CLS) announced its quarterly earnings data on Monday. The company reported C$3.61 earnings per share for the quarter, FiscalAI reports. Celestica had a return on equity of 47.41% and a net margin of 6.95%.The firm had revenue of C$6.68 billion during the quarter.

Celestica Price Performance

Shares of TSE:CLS opened at C$449.49 on Tuesday. Celestica has a 12 month low of C$231.00 and a 12 month high of C$655.50. The company has a debt-to-equity ratio of 36.81, a current ratio of 1.26 and a quick ratio of 0.54. The stock’s 50 day moving average price is C$507.40 and its 200 day moving average price is C$460.49. The stock has a market cap of C$51.68 billion, a price-to-earnings ratio of 54.48, a PEG ratio of 0.14 and a beta of 1.64.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on CLS. TD upgraded shares of Celestica from a “hold” rating to a “buy” rating and raised their price target for the stock from C$350.00 to C$430.00 in a research report on Wednesday, April 29th. TD Securities raised Celestica from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Finally, Susquehanna upgraded Celestica to a “strong-buy” rating in a research report on Wednesday, April 1st. Five research analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy” and a consensus target price of C$367.50.

Get Our Latest Stock Analysis on CLS

Celestica Company Profile

(Get Free Report)

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.

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Earnings History for Celestica (TSE:CLS)

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