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) Stock Dips While Market Gains: Key Facts
Read MoreHide Full Article
Celestica (CLS - Free Report) closed the most recent trading day at $300.35, moving -1.14% from the previous trading session. This change lagged the S&P 500's 0.41% gain on the day. Meanwhile, the Dow lost 0.07%, and the Nasdaq, a tech-heavy index, added 1.11%.
Prior to today's trading, shares of the electronics manufacturing services company had lost 8.66% lagged the Computer and Technology sector's loss of 0.92% and the S&P 500's gain of 1.46%.
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. At the same time, our most recent consensus estimate is projecting a revenue of $5.4 billion, reflecting a 69.1% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $11.32 per share and a revenue of $20.35 billion, demonstrating changes of +87.11% and +64.27%, respectively, from the preceding 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. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Celestica is currently a Zacks Rank #3 (Hold).
Investors should also note Celestica's current valuation metrics, including its Forward P/E ratio of 26.83. This represents a premium compared to its industry average Forward P/E of 22.9.
The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 17, which puts it in the top 7% of all 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
Image: Bigstock
Celestica (CLS) Stock Dips While Market Gains: Key Facts
Celestica (CLS - Free Report) closed the most recent trading day at $300.35, moving -1.14% from the previous trading session. This change lagged the S&P 500's 0.41% gain on the day. Meanwhile, the Dow lost 0.07%, and the Nasdaq, a tech-heavy index, added 1.11%.
Prior to today's trading, shares of the electronics manufacturing services company had lost 8.66% lagged the Computer and Technology sector's loss of 0.92% and the S&P 500's gain of 1.46%.
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. At the same time, our most recent consensus estimate is projecting a revenue of $5.4 billion, reflecting a 69.1% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $11.32 per share and a revenue of $20.35 billion, demonstrating changes of +87.11% and +64.27%, respectively, from the preceding 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. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Celestica is currently a Zacks Rank #3 (Hold).
Investors should also note Celestica's current valuation metrics, including its Forward P/E ratio of 26.83. This represents a premium compared to its industry average Forward P/E of 22.9.
The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 17, which puts it in the top 7% of all 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.