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Celestica (CLS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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Celestica (CLS - Free Report) closed the most recent trading day at $335.50, moving -1.2% from the previous trading session. This change lagged the S&P 500's 0.14% loss on the day. At the same time, the Dow lost 0.01%, and the tech-heavy Nasdaq lost 0.57%.
Prior to today's trading, shares of the electronics manufacturing services company had lost 3.31% was narrower than the Computer and Technology sector's loss of 4.82% and lagged the S&P 500's gain of 0.25%.
Analysts and investors alike will be keeping a close eye on the performance of Celestica in its upcoming earnings disclosure. The company's earnings report is set to go public on July 27, 2026. In that report, analysts expect Celestica to post earnings of $2.29 per share. This would mark year-over-year growth of 64.75%. Simultaneously, our latest consensus estimate expects the revenue to be $4.35 billion, showing a 50.26% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $10.21 per share and a revenue of $19.21 billion, indicating changes of +68.76% and +55.01%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Celestica. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable 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, the Zacks Consensus EPS estimate has moved 0.7% higher. Celestica currently has a Zacks Rank of #2 (Buy).
Looking at its valuation, Celestica is holding a Forward P/E ratio of 33.27. This denotes a premium relative to the industry average Forward P/E of 28.46.
It is also worth noting that CLS currently has a PEG ratio of 0.74. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Electronics - Manufacturing Services stocks are, on average, holding a PEG ratio of 0.74 based on yesterday's closing prices.
The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 21, finds itself in the top 9% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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Celestica (CLS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Celestica (CLS - Free Report) closed the most recent trading day at $335.50, moving -1.2% from the previous trading session. This change lagged the S&P 500's 0.14% loss on the day. At the same time, the Dow lost 0.01%, and the tech-heavy Nasdaq lost 0.57%.
Prior to today's trading, shares of the electronics manufacturing services company had lost 3.31% was narrower than the Computer and Technology sector's loss of 4.82% and lagged the S&P 500's gain of 0.25%.
Analysts and investors alike will be keeping a close eye on the performance of Celestica in its upcoming earnings disclosure. The company's earnings report is set to go public on July 27, 2026. In that report, analysts expect Celestica to post earnings of $2.29 per share. This would mark year-over-year growth of 64.75%. Simultaneously, our latest consensus estimate expects the revenue to be $4.35 billion, showing a 50.26% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $10.21 per share and a revenue of $19.21 billion, indicating changes of +68.76% and +55.01%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Celestica. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable 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, the Zacks Consensus EPS estimate has moved 0.7% higher. Celestica currently has a Zacks Rank of #2 (Buy).
Looking at its valuation, Celestica is holding a Forward P/E ratio of 33.27. This denotes a premium relative to the industry average Forward P/E of 28.46.
It is also worth noting that CLS currently has a PEG ratio of 0.74. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Electronics - Manufacturing Services stocks are, on average, holding a PEG ratio of 0.74 based on yesterday's closing prices.
The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 21, finds itself in the top 9% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.