Brokerages Set Celestica Inc. (TSE:CLS) Target Price at C$183.00

Celestica Inc. (TSE:CLS) (NYSE:CLS) has received an average rating of “Strong Buy” from the six ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, one has issued a buy rating and four have issued a strong buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$183.00.

Several equities research analysts have issued reports on the company. The Goldman Sachs Group upgraded Celestica to a “strong-buy” rating in a report on Thursday, October 16th. TD Securities upgraded Celestica to a “hold” rating in a research report on Wednesday, January 21st. Finally, Citigroup raised Celestica from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 10th.

Celestica Trading Up 1.9%

CLS opened at C$389.83 on Friday. The firm’s fifty day moving average is C$428.75 and its two-hundred day moving average is C$372.82. The firm has a market cap of C$44.84 billion, a PE ratio of 54.45, a price-to-earnings-growth ratio of 0.14 and a beta of 1.43. Celestica has a twelve month low of C$82.66 and a twelve month high of C$512.83. The company has a debt-to-equity ratio of 51.72, a quick ratio of 0.54 and a current ratio of 1.47.

Celestica (TSE:CLS) (NYSE:CLS) last announced its quarterly earnings results on Wednesday, January 28th. The company reported C$2.59 earnings per share (EPS) for the quarter. Celestica had a net margin of 4.08% and a return on equity of 21.24%. The company had revenue of C$5.02 billion during the quarter. Equities research analysts anticipate that Celestica will post 5.028804 EPS for the current year.

Celestica Company Profile

Celestica Inc offers supply chain solutions. The firm operates in two segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). ATS segment consists of the ATS end market and is comprised of A&D, Industrial, Energy, HealthTech, and Capital Equipment businesses. Capital Equipment business is comprised of our semiconductor, display, and power & signal distribution equipment businesses. CCS segment that derives majority revenue consists of Communications and Enterprise end markets.