Celestica Stock Today

CLS
 Stock
  

USD 9.43  0.20  2.08%   

Market Performance
0 of 100
Odds Of Distress
Less than 39
Celestica is selling at 9.43 as of the 6th of July 2022; that is -2.08% down since the beginning of the trading day. The stock's lowest day price was 9.12. Celestica has about a 39 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Celestica are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of June 2022 and ending today, the 6th of July 2022. Click here to learn more.
Celestica Inc. provides hardware platform and supply chain solutions in North America, Europe, and Asia. Celestica Inc. was incorporated in 1994 and is headquartered in Toronto, Canada. Celestica operates under Electronic Components classification in the United States and is traded on New York Stock Exchange. The company has 106.11 M outstanding shares of which 269.2 K shares are currently shorted by investors with about 0.45 days to cover. More on Celestica

Moving together with Celestica

0.82FNFabrinet Fiscal Year End 15th of August 2022 PairCorr
0.71GLWCorning Earnings Call  In Two WeeksPairCorr
0.84JBLJabil Circuit Fiscal Year End 5th of October 2022 PairCorr
Follow Valuation Options Odds of Bankruptcy
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Celestica Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Celestica's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Celestica or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Celestica generated a negative expected return over the last 90 days
Celestica has a strong financial position based on the latest SEC filings
Over 78.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.benzinga.com: Global Electronic Contract Manufacturing and Design Services Market to 2031 - Featuring Celestica, Ventur - Benzinga
CEORobert Mionis
SEC FilingsCelestica Security & Exchange Commission EDGAR Reports
Thematic Ideas
(view all).
Fama & French Classification
Average Analyst Recommendation
Analysts covering Celestica report their recommendations after researching Celestica's financial statements, talking to executives and customers, or listening in on Celestica's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Celestica. The Celestica consensus assessment is calculated by taking the average forecast from all of the analysts covering Celestica.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Celestica based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Celestica financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares133.8 M126.7 M
Notably Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted134.4 M126.7 M
Notably Up
Decreasing
Slightly volatile
Net Cash Flow from Operations205.1 M226.8 M
Moderately Down
Increasing
Very volatile
Total Assets4.3 B4.7 B
Significantly Down
Increasing
Slightly volatile
Total Liabilities2.7 B3.2 B
Fairly Down
Increasing
Slightly volatile
Current Assets3.2 B3.4 B
Notably Down
Increasing
Slightly volatile
Current LiabilitiesB2.3 B
Fairly Down
Increasing
Slightly volatile
Total Debt680.1 M794.4 M
Fairly Down
Increasing
Slightly volatile
Return on Average Assets0.02880.026
Significantly Up
Decreasing
Slightly volatile
Gross Margin0.0860.076
Moderately Up
Increasing
Slightly volatile
Asset Turnover1.591.409
Moderately Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Celestica's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Celestica's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Celestica's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Celestica's financial leverage. It provides some insight into what part of Celestica's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Celestica's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Celestica deploys its capital and how much of that capital is borrowed.
Liquidity
Celestica cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 787.6 M in debt with debt to equity (D/E) ratio of 0.52, which is OK given its current industry classification. Celestica has a current ratio of 1.48, which is typical for the industry and considered as normal. Debt can assist Celestica until it has trouble settling it off, either with new capital or with free cash flow. So, Celestica's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Celestica sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Celestica to invest in growth at high rates of return. When we think about Celestica's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

205.14 Million
Celestica (CLS) is traded on New York Stock Exchange in USA. It is located in 5140 Yonge Street and employs 18,643 people. Celestica is listed under Electronic Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with total capitalization of 1.17 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Celestica's market, we take the total number of its shares issued and multiply it by Celestica's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Celestica runs under Technology sector within Electronic Components industry. The entity has 106.11 M outstanding shares of which 269.2 K shares are currently shorted by investors with about 0.45 days to cover. Celestica has about 346.6 M in cash with 213.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.79.
Check Celestica Probability Of Bankruptcy
Ownership
Celestica retains a total of 106.11 Million outstanding shares. The majority of Celestica outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Celestica to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Celestica. Please pay attention to any change in the institutional holdings of Celestica as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Celestica Ownership Details

Celestica Stock Price Odds Analysis

What are Celestica's target price odds to finish over the current price? In regard to a normal probability distribution, the odds of Celestica jumping above the current price in 90 days from now is about 98.0%. The Celestica probability density function shows the probability of Celestica stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3232 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Celestica will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Celestica is significantly underperforming DOW.
  Odds Below 9.43HorizonTargetOdds Above 9.43
1.93%90 days
 9.43 
98.05%
Based on a normal probability distribution, the odds of Celestica to move above the current price in 90 days from now is about 98.0 (This Celestica probability density function shows the probability of Celestica Stock to fall within a particular range of prices over 90 days) .

Celestica Historical Income Statement

Celestica Income Statement is one of the three primary financial statements used for reporting Celestica's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Celestica revenue and expense. Celestica Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Celestica Gross Profit is relatively stable at the moment as compared to the past year. Celestica reported last year Gross Profit of 487 Million. As of 07/06/2022, Operating Expenses is likely to grow to about 334.1 M, while Cost of Revenue is likely to drop slightly above 5.1 B. View More Fundamentals

Celestica Stock Against Markets

Picking the right benchmark for Celestica stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Celestica stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Celestica is critical whether you are bullish or bearish towards Celestica at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Celestica without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Celestica Corporate Directors

Celestica corporate directors refer to members of a Celestica board of directors. The board of directors generally takes responsibility for the Celestica's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Celestica's board members must vote for the resolution. The Celestica board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert Cascella - Independent DirectorProfile
Laurette Koellner - Independent DirectorProfile
Daniel DiMaggio - Independent DirectorProfile
Thomas Gross - DirectorProfile

Investing Celestica

You need to understand the risk of investing before taking a position in Celestica. The danger of trading Celestica is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Celestica is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Celestica. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Celestica is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the Celestica information on this page should be used as a complementary analysis to other Celestica's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Celestica 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 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.
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 Celestica value 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.