CLS stock icon

Celestica
CLS

$42.57
4.8%

Market Cap: $5.05B

 

About: Celestica Inc offers supply chain solutions. The company has two operating and reportable segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The ATS segment consists of the ATS end market and is comprised of the Aerospace and Defense, Industrial, health tech, and Capital Equipment businesses. Its Capital Equipment business is comprised of the semiconductor, display, and robotics equipment businesses, and the CCS segment consists of Communications and Enterprise end markets, Enterprise end market is comprised of its servers and storage businesses. The company generates a majority of its revenue from the Connectivity & Cloud Solutions segment.

Employees: 26,554

0
Funds holding %
of 6,710 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

107% more first-time investments, than exits

New positions opened: 95 | Existing positions closed: 46

79% more call options, than puts

Call options by funds: $279M | Put options by funds: $156M

36% more funds holding in top 10

Funds holding in top 10: 14 [Q1] → 19 (+5) [Q2]

32% more capital invested

Capital invested by funds: $3.74B [Q1] → $4.93B (+$1.19B) [Q2]

17% more funds holding

Funds holding: 287 [Q1] → 336 (+49) [Q2]

2.63% more ownership

Funds ownership: 69.73% [Q1] → 72.36% (+2.63%) [Q2]

7% more repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 106

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$58
36%
upside
Avg. target
$62
46%
upside
High target
$70
64%
upside

6 analyst ratings

positive
67%
neutral
33%
negative
0%
Stifel
Matthew Sheerin
37% 1-year accuracy
7 / 19 met price target
36%upside
$58
Buy
Upgraded
9 Sept 2024
Stifel
Matthew Sheerin
37% 1-year accuracy
7 / 19 met price target
36%upside
$58
Hold
Maintained
26 Jul 2024
CIBC
41%upside
$60
Neutral
Maintained
26 Jul 2024
Canaccord Genuity
Robert Young
0% 1-year accuracy
0 / 1 met price target
64%upside
$70
Buy
Maintained
26 Jul 2024
RBC Capital
Paul Treiber
50% 1-year accuracy
6 / 12 met price target
53%upside
$65
Outperform
Maintained
26 Jul 2024

Financial journalist opinion

Based on 12 articles about CLS published over the past 30 days