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Celestica (CLS) Registers a Bigger Fall Than the Market: Important Facts to Note
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Celestica (CLS - Free Report) closed at $347.50 in the latest trading session, marking a -4.05% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.06%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq lost 0.44%.
Shares of the electronics manufacturing services company have appreciated by 4.5% over the course of the past month, underperforming the Computer and Technology sector's gain of 4.85%, and outperforming the S&P 500's gain of 2.36%.
The upcoming earnings release of Celestica will be of great interest to investors. The company's earnings report is expected on October 26, 2026. The company's earnings per share (EPS) are projected to be $3.01, reflecting a 90.51% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $5.4 billion, showing a 69.1% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $11.32 per share and a revenue of $20.35 billion, indicating changes of +87.11% and +64.27%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Celestica. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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 no change in the Zacks Consensus EPS estimate. Celestica currently has a Zacks Rank of #3 (Hold).
In the context of valuation, Celestica is at present trading with a Forward P/E ratio of 31.98. This represents a premium compared to its industry average Forward P/E of 26.08.
The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 17, placing it within the top 7% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. 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) Registers a Bigger Fall Than the Market: Important Facts to Note
Celestica (CLS - Free Report) closed at $347.50 in the latest trading session, marking a -4.05% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.06%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq lost 0.44%.
Shares of the electronics manufacturing services company have appreciated by 4.5% over the course of the past month, underperforming the Computer and Technology sector's gain of 4.85%, and outperforming the S&P 500's gain of 2.36%.
The upcoming earnings release of Celestica will be of great interest to investors. The company's earnings report is expected on October 26, 2026. The company's earnings per share (EPS) are projected to be $3.01, reflecting a 90.51% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $5.4 billion, showing a 69.1% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $11.32 per share and a revenue of $20.35 billion, indicating changes of +87.11% and +64.27%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Celestica. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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 no change in the Zacks Consensus EPS estimate. Celestica currently has a Zacks Rank of #3 (Hold).
In the context of valuation, Celestica is at present trading with a Forward P/E ratio of 31.98. This represents a premium compared to its industry average Forward P/E of 26.08.
The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 17, placing it within the top 7% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. 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.