We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Celestica (CLS) Ascends While Market Falls: Some Facts to Note
Read MoreHide Full Article
In the latest trading session, Celestica (CLS - Free Report) closed at $401.12, marking a +1.29% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.24%. On the other hand, the Dow registered a loss of 0.01%, and the technology-centric Nasdaq decreased by 0.26%.
The electronics manufacturing services company's stock has climbed by 47.16% in the past month, exceeding the Computer and Technology sector's gain of 9.41% and the S&P 500's gain of 6.42%.
Investors will be eagerly watching for the performance of Celestica in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on April 27, 2026. In that report, analysts expect Celestica to post earnings of $2.08 per share. This would mark year-over-year growth of 73.33%. Meanwhile, our latest consensus estimate is calling for revenue of $4 billion, up 51.16% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $8.94 per share and revenue of $17.03 billion. These totals would mark changes of +47.77% and +37.42%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Celestica. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 1.8% rise in the Zacks Consensus EPS estimate. Celestica is holding a Zacks Rank of #2 (Buy) right now.
In terms of valuation, Celestica is presently being traded at a Forward P/E ratio of 44.28. This denotes a premium relative to the industry average Forward P/E of 27.88.
The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 57, finds itself in the top 24% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow CLS in the coming trading sessions, be sure to utilize Zacks.com.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Celestica (CLS) Ascends While Market Falls: Some Facts to Note
In the latest trading session, Celestica (CLS - Free Report) closed at $401.12, marking a +1.29% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.24%. On the other hand, the Dow registered a loss of 0.01%, and the technology-centric Nasdaq decreased by 0.26%.
The electronics manufacturing services company's stock has climbed by 47.16% in the past month, exceeding the Computer and Technology sector's gain of 9.41% and the S&P 500's gain of 6.42%.
Investors will be eagerly watching for the performance of Celestica in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on April 27, 2026. In that report, analysts expect Celestica to post earnings of $2.08 per share. This would mark year-over-year growth of 73.33%. Meanwhile, our latest consensus estimate is calling for revenue of $4 billion, up 51.16% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $8.94 per share and revenue of $17.03 billion. These totals would mark changes of +47.77% and +37.42%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Celestica. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 1.8% rise in the Zacks Consensus EPS estimate. Celestica is holding a Zacks Rank of #2 (Buy) right now.
In terms of valuation, Celestica is presently being traded at a Forward P/E ratio of 44.28. This denotes a premium relative to the industry average Forward P/E of 27.88.
The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 57, finds itself in the top 24% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow CLS in the coming trading sessions, be sure to utilize Zacks.com.