Celestica Stock Buy Hold or Sell Recommendation
| CLS Stock | USD 43.81 0.81 1.82% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Celestica is 'Buy'. Macroaxis provides Celestica buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CLS positions. The advice algorithm takes into account all of Celestica's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Celestica's buy or sell advice are summarized below:
Real Value 38.39 | Target Price 27 | Hype Value 44.84 | Market Value 43.81 | Naive Value 42.56 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Celestica given historical horizon and risk tolerance towards Celestica. When Macroaxis issues a 'buy' or 'sell' recommendation for Celestica, the advice is generated through an automated system that utilizes algorithms and statistical models.
Celestica |
Execute Celestica Buy or Sell Advice
The Celestica recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Celestica. Macroaxis does not own or have any residual interests in Celestica or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Celestica's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Celestica Trading Alerts and Improvement Suggestions
| Celestica appears to be risky and price may revert if volatility continues | |
| Celestica is unlikely to experience financial distress in the next 2 years | |
| Over 76.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Should You Invest in Celestica Based on Bullish Wall Street Views |
Celestica Returns Distribution Density
The distribution of Celestica's historical returns is an attempt to chart the uncertainty of Celestica's future price movements. The chart of the probability distribution of Celestica daily returns describes the distribution of returns around its average expected value. We use Celestica price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Celestica returns is essential to provide solid investment advice for Celestica.
| Mean Return | 0.71 | Value At Risk | -3.74 | Potential Upside | 6.51 | Standard Deviation | 3.30 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Celestica historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Celestica Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Celestica is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Celestica backward and forwards among themselves. Celestica's institutional investor refers to the entity that pools money to purchase Celestica's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | American Century Companies Inc | 2023-12-31 | 1.9 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.8 M | Hillsdale Investment Management Inc. | 2023-12-31 | 1.7 M | S.a.c. Capital Advisors (hong Kong) Ltd. | 2023-12-31 | 1.6 M | Millennium Management Llc | 2023-12-31 | 1.5 M | Grantham, Mayo, Van Otterloo & Co., Llc | 2023-12-31 | 1.4 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.3 M | Donald Smith & Co Inc | 2023-12-31 | 1.3 M | Shannon River Fund Management Llc | 2023-12-31 | 1.3 M | Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 6.1 M | Letko, Brosseau & Associates Inc. | 2023-12-31 | 4.7 M |
Celestica Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 57.5M | (15.7M) | (69.8M) | (19.5M) | (5.8M) | (5.5M) | |
| Free Cash Flow | 264.5M | 186.8M | 174.6M | 188.9M | 243.5M | 255.7M | |
| Depreciation | 135.4M | 124.7M | 126.3M | 144.8M | 163.3M | 104.9M | |
| Other Non Cash Items | (33.4M) | 22.4M | 10M | (12.7M) | (51.7M) | (49.1M) | |
| Net Income | 70.3M | 60.6M | 103.9M | 145.5M | 249.1M | 261.5M | |
| End Period Cash Flow | 479.5M | 463.8M | 394M | 374.5M | 368.5M | 572.2M | |
| Change To Inventory | 97.7M | (99.3M) | (521.9M) | (717.3M) | 248.7M | 261.1M | |
| Change To Netincome | 27.3M | 77.2M | 75.5M | 95.6M | 109.9M | 115.4M | |
| Investments | 38.7M | (51M) | (364.3M) | (108.9M) | (122.8M) | (128.9M) | |
| Net Borrowings | (203.2M) | (155.6M) | 150M | (79.2M) | (71.3M) | (67.7M) | |
| Dividends Paid | 0.0 | 922M | 400K | 585M | (49.2M) | (46.7M) |
Celestica Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Celestica or Electronic Equipment, Instruments & Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Celestica's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Celestica stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.56 | |
β | Beta against NYSE Composite | 2.36 | |
σ | Overall volatility | 3.18 | |
Ir | Information ratio | 0.19 |
Celestica Volatility Alert
Celestica currently demonstrates below-average downside deviation. It has Information Ratio of 0.19 and Jensen Alpha of 0.56. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Celestica's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Celestica's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Celestica Implied Volatility
Celestica's implied volatility exposes the market's sentiment of Celestica stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Celestica's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Celestica stock will not fluctuate a lot when Celestica's options are near their expiration.
Celestica Fundamentals Vs Peers
Comparing Celestica's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Celestica's direct or indirect competition across all of the common fundamentals between Celestica and the related equities. This way, we can detect undervalued stocks with similar characteristics as Celestica or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Celestica's fundamental indicators could also be used in its relative valuation, which is a method of valuing Celestica by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Celestica to competition |
| Fundamentals | Celestica | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | 0.0405 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 5.63 B | 16.62 B |
| Shares Outstanding | 119.26 M | 571.82 M |
| Shares Owned By Insiders | 0.99 % | 10.09 % |
| Shares Owned By Institutions | 76.16 % | 39.21 % |
| Number Of Shares Shorted | 4.65 M | 4.71 M |
| Price To Earning | 19.74 X | 28.72 X |
| Price To Book | 3.02 X | 9.51 X |
| Price To Sales | 0.67 X | 11.42 X |
| Revenue | 8.11 B | 9.43 B |
| Gross Profit | 640.3 M | 27.38 B |
| EBITDA | 569.05 M | 3.9 B |
| Net Income | 249.09 M | 570.98 M |
| Cash And Equivalents | 374.5 M | 2.7 B |
| Cash Per Share | 2.96 X | 5.01 X |
| Total Debt | 778.79 M | 5.32 B |
| Debt To Equity | 0.50 % | 48.70 % |
| Current Ratio | 1.43 X | 2.16 X |
| Book Value Per Share | 14.87 X | 1.93 K |
| Cash Flow From Operations | 370.88 M | 971.22 M |
| Short Ratio | 2.20 X | 4.00 X |
| Earnings Per Share | 2.03 X | 3.12 X |
| Price To Earnings To Growth | 19.42 X | 4.89 X |
| Target Price | 42.5 | |
| Number Of Employees | 21.89 K | 18.84 K |
| Beta | 2.35 | -0.15 |
| Market Capitalization | 5.22 B | 19.03 B |
| Total Asset | 5.86 B | 29.47 B |
| Retained Earnings | (835.3 M) | 9.33 B |
| Working Capital | 1.29 B | 1.48 B |
Celestica Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Celestica . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Celestica Buy or Sell Advice
When is the right time to buy or sell Celestica? Buying financial instruments such as Celestica Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 794.4M | 786.1M | 778.8M | 483.4M | Total Assets | 4.7B | 5.6B | 5.9B | 4.3B |
Use Investing Ideas to Build Portfolios
In addition to having Celestica in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Education Thematic Idea Now
Education
Companies involved in apprenticeship, education, tutoring, schooling, online universities, and other learning services. The Education theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Education Theme or any other thematic opportunities.
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Check out Celestica Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Celestica Stock please use our How to Invest in Celestica guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Celestica Stock analysis
When running Celestica's price analysis, check to measure Celestica's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Celestica is operating at the current time. Most of Celestica's value examination focuses on studying past and present price action to predict the probability of Celestica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Celestica's price. Additionally, you may evaluate how the addition of Celestica to your portfolios can decrease your overall portfolio volatility.
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Is Celestica's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Celestica. If investors know Celestica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Celestica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.026 | Earnings Share 2.03 | Revenue Per Share 66.286 | Quarterly Revenue Growth 0.048 | Return On Assets 0.0405 |
The market value of Celestica is measured differently than its book value, which is the value of Celestica that is recorded on the company's balance sheet. Investors also form their own opinion of Celestica's value that differs from its market value or its book value, called intrinsic value, which is Celestica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Celestica's market value can be influenced by many factors that don't directly affect Celestica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Celestica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Celestica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celestica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.