Celestica Stock Filter Stocks by Fundamentals
| CLS Stock | USD 43.81 0.81 1.82% |
Celestica fundamentals help investors to digest information that contributes to Celestica's financial success or failures. It also enables traders to predict the movement of Celestica Stock. The fundamental analysis module provides a way to measure Celestica's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Celestica stock.
Celestica | Shares Owned by Insiders |
Celestica Institutional Holders
Institutional Holdings refers to the ownership stake in Celestica that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Celestica's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Celestica's value.| 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 Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0405 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 5.7 B | ||||
| Shares Outstanding | 119.26 M | ||||
| Shares Owned By Insiders | 0.99 % | ||||
| Shares Owned By Institutions | 76.34 % | ||||
| Number Of Shares Shorted | 4.65 M | ||||
| Price To Earning | 19.74 X | ||||
| Price To Book | 3.02 X | ||||
| Price To Sales | 0.67 X | ||||
| Revenue | 8.11 B | ||||
| Gross Profit | 640.3 M | ||||
| EBITDA | 569.05 M | ||||
| Net Income | 249.09 M | ||||
| Cash And Equivalents | 374.5 M | ||||
| Cash Per Share | 2.96 X | ||||
| Total Debt | 778.79 M | ||||
| Debt To Equity | 0.50 % | ||||
| Current Ratio | 1.43 X | ||||
| Book Value Per Share | 14.87 X | ||||
| Cash Flow From Operations | 370.88 M | ||||
| Short Ratio | 2.20 X | ||||
| Earnings Per Share | 2.03 X | ||||
| Price To Earnings To Growth | 19.42 X | ||||
| Target Price | 42.5 | ||||
| Number Of Employees | 21.89 K | ||||
| Beta | 2.35 | ||||
| Market Capitalization | 5.45 B | ||||
| Total Asset | 5.86 B | ||||
| Retained Earnings | (835.3 M) | ||||
| Working Capital | 1.29 B | ||||
| Current Asset | 2.12 B | ||||
| Current Liabilities | 1.13 B | ||||
| Net Asset | 5.86 B |
About Celestica Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Celestica's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Celestica using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Celestica based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Celestica
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Celestica position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Celestica will appreciate offsetting losses from the drop in the long position's value.Moving together with Celestica Stock
| 0.93 | CDW | CDW Corp Financial Report 1st of May 2024 | PairCorr |
Moving against Celestica Stock
| 0.88 | AAPL | Apple Inc Report 2nd of May 2024 | PairCorr |
| 0.87 | EXTR | Extreme Networks Financial Report 24th of April 2024 | PairCorr |
| 0.76 | SSYS | Stratasys Financial Report 21st of May 2024 | PairCorr |
| 0.67 | LITE | Lumentum Holdings Financial Report 14th of May 2024 | PairCorr |
| 0.65 | IONQ | IONQ Inc Financial Report 9th of May 2024 | PairCorr |
The ability to find closely correlated positions to Celestica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Celestica when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Celestica - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Celestica to buy it.
The correlation of Celestica is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Celestica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Celestica moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Celestica can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Celestica Piotroski F Score and Celestica Altman Z Score analysis. For more information on how to buy Celestica Stock please use our How to Invest in Celestica guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.