Celestica Cost Of Revenue vs Revenue Per Share Analysis
CLS Stock | USD 44.86 0.86 1.95% |
Celestica financial indicator trend analysis is way more than just evaluating Celestica prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Celestica is a good investment. Please check the relationship between Celestica Cost Of Revenue and its Revenue Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celestica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Celestica Stock please use our How to Invest in Celestica guide.
Cost Of Revenue vs Revenue Per Share
Cost Of Revenue vs Revenue Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Celestica Cost Of Revenue account and Revenue Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Celestica's Cost Of Revenue and Revenue Per Share is 0.57. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of Celestica, assuming nothing else is changed. The correlation between historical values of Celestica's Cost Of Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Celestica are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Cost Of Revenue i.e., Celestica's Cost Of Revenue and Revenue Per Share go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cost Of Revenue
Cost of Revenue is found on Celestica income statement and represents the costs associated with goods and services Celestica provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.Most indicators from Celestica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Celestica current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celestica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Celestica Stock please use our How to Invest in Celestica guide.At this time, Celestica's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 8.59 in 2024, whereas Selling General Administrative is likely to drop slightly above 268.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 487M | 636.3M | 752.5M | 503.6M | Total Revenue | 5.6B | 7.3B | 8.1B | 5.4B |
Celestica fundamental ratios Correlations
Click cells to compare fundamentals
Celestica Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Celestica fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6B | 3.7B | 4.7B | 5.6B | 5.9B | 4.3B | |
Short Long Term Debt Total | 698.7M | 585.9M | 794.4M | 786.1M | 778.8M | 483.4M | |
Other Current Liab | 410.1M | 584M | 916M | 1.5B | 1.8B | 1.9B | |
Total Current Liabilities | 1.5B | 1.6B | 2.3B | 3.1B | 3.2B | 1.7B | |
Total Stockholder Equity | 1.4B | 1.4B | 1.5B | 1.7B | 1.8B | 1.5B | |
Property Plant And Equipment Net | 459.1M | 433.5M | 452.5M | 510.3M | 623.5M | 358.8M | |
Net Debt | 219.2M | 122.1M | 400.4M | 411.6M | 410.3M | 430.8M | |
Retained Earnings | (1.4B) | (1.4B) | (1.3B) | (1.1B) | (835.3M) | (877.1M) | |
Accounts Payable | 898M | 854.5M | 1.2B | 1.4B | 1.3B | 1.1B | |
Cash | 479.5M | 463.8M | 394M | 374.5M | 368.5M | 553.6M | |
Non Current Assets Total | 968.7M | 926.9M | 1.2B | 1.3B | 1.4B | 848.7M | |
Non Currrent Assets Other | 26.4M | 25.5M | 25.2M | 34.8M | 27.5M | 26.2M | |
Cash And Short Term Investments | 479.5M | 463.8M | 394M | 374.5M | 368.5M | 553.6M | |
Net Receivables | 1.1B | 1.1B | 1.3B | 1.4B | 1.8B | 1.0B | |
Good Will | 198.3M | 198.6M | 324.2M | 321.8M | 320.1M | 323.6M | |
Common Stock Shares Outstanding | 131.8M | 129.1M | 126.7M | 123.6M | 120.3M | 147.6M | |
Liabilities And Stockholders Equity | 3.6B | 3.7B | 4.7B | 5.6B | 5.9B | 4.3B | |
Non Current Liabilities Total | 730.2M | 676.9M | 950.4M | 895.1M | 898.1M | 507.3M | |
Inventory | 992.2M | 1.1B | 1.7B | 2.4B | 2.1B | 1.1B | |
Other Current Assets | 59.2M | 81.7M | 75.4M | 202.8M | 227.3M | 238.7M | |
Other Stockholder Equity | 967.8M | 958.8M | 980.9M | 1.0B | 945.6M | 1.5B | |
Total Liab | 2.2B | 2.3B | 3.2B | 4.0B | 4.1B | 2.2B | |
Property Plant And Equipment Gross | 459.1M | 433.5M | 452.5M | 510.3M | 1.5B | 1.6B | |
Total Current Assets | 2.6B | 2.7B | 3.4B | 4.3B | 4.5B | 3.1B | |
Accumulated Other Comprehensive Income | (23.6M) | (15.2M) | (26.8M) | (1.3M) | (14.8M) | (14.1M) | |
Short Term Debt | 132.6M | 99.8M | 51.5M | 52.2M | 51.3M | 50.0M | |
Intangible Assets | 251.3M | 229.4M | 382M | 346.5M | 325.2M | 260.0M | |
Other Liab | 152M | 174.3M | 200.1M | 161.2M | 185.4M | 126.0M | |
Other Assets | 50.3M | 56.1M | 72.4M | 122.4M | 1.0 | 0.95 | |
Long Term Debt | 471.4M | 486.1M | 742.9M | 733.9M | 589.3M | 479.8M | |
Common Stock | 1.8B | 1.8B | 1.8B | 1.7B | 1.7B | 2.2B | |
Property Plant Equipment | 459.1M | 433.5M | 452.5M | 510.3M | 459.3M | 375.0M | |
Current Deferred Revenue | 33.6M | 39.9M | 47.7M | 68.9M | 64.5M | 61.2M | |
Common Stock Total Equity | 2.0B | 2.0B | 1.8B | 1.8B | 1.7B | 2.0B | |
Treasury Stock | (20.2M) | (14.8M) | (15.7M) | (48.9M) | (44.0M) | (41.8M) | |
Net Tangible Assets | 896.9M | 971.7M | 756.8M | 1.0B | 901.9M | 831.1M | |
Deferred Long Term Liab | 4.1M | 3.3M | 4.7M | 3.2M | 2.9M | 2.7M | |
Short Long Term Debt | 139.6M | 99.8M | 51.5M | 52.2M | 17M | 16.2M | |
Long Term Debt Total | 559.1M | 486.1M | 742.9M | 733.9M | 844.0M | 519.5M |
Celestica Investors Sentiment
The influence of Celestica's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Celestica. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Celestica's public news can be used to forecast risks associated with an investment in Celestica. The trend in average sentiment can be used to explain how an investor holding Celestica can time the market purely based on public headlines and social activities around Celestica. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Celestica's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Celestica's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Celestica's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Celestica.
Celestica Implied Volatility | 49.41 |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Celestica in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Celestica's short interest history, or implied volatility extrapolated from Celestica options trading.
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
0.63 | CDW | CDW Corp | PairCorr |
Moving against Celestica Stock
0.8 | AAPL | Apple Inc Aggressive Push | PairCorr |
0.71 | TACT | TransAct Technologies Financial Report 14th of May 2024 | PairCorr |
0.69 | LPL | LG Display Financial Report 20th of May 2024 | PairCorr |
0.57 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
0.53 | ZEPP | Zepp Health Corp | 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Celestica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic 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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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 3.25 | Earnings Share 2.68 | Revenue Per Share 69.739 | Quarterly Revenue Growth 0.202 | Return On Assets 0.0499 |
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.