CelesticaCLS
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
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
6 analyst ratings
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