With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near -term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Celestica. Brokerage Recommendation Trend ...

Buoyed by solid AI traction, Celestica Inc. (CLS) has gained a stellar 274.1% over the past year compared with the industry's growth of 23%. It has also outperformed its peers like Flex Ltd. (FLEX) and Jabil Inc. (JBL) over this period. Image Source: Zacks Investment Research Celestia had largely been a beneficiary of the ongoing generative AI boom, thanks to the solid demand trends for AI/ML compute and networking products from hyperscale customers. In addition to the high-performance 800G family of networ ...

https://onlinexperiences.com/Launch/QReg/ShowUUID=408CCB11-9839- 4E12-8BEC-59BEA61D589A&LangLocaleID=1033 TORONTO, July 08, 2024 (GLOBE NEWSWIRE) -- Celestica's (TSX: CLS) (NYSE: CLS) second quarter financial results and conference call will take place on Thursday, July 25. The conference call start time is 8:00 a.m. ET. Financial results will be released after market close on Wednesday, July 24. For those unable to participate, a recorded webcast will be available approximately two hours after completion o ...

TORONTO, July 08, 2024 (GLOBE NEWSWIRE) -- Celestica's (TSX: CLS) (NYSE: CLS) second quarter financial results and conference call will take place on Thursday, July 25. The conference call start time is 8:00 a.m. ET. Financial results will be released after market close on Wednesday, July 24. Celestica Investor Relations clsir@celestica.com For those unable to participate, a recorded webcast will be available approximately two hours after completion of the call. To access the recorded webcast visit www.cele ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Celestica currently has an average brokerage recommendation (ABR) of 1.86, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by seven brokerage firms. An ABR ...

Shares of this electronics manufacturing services company have returned -9.2% over the past month versus the Zacks S&P 500 composite's +2.8% change. The Zacks Electronics - Manufacturing Services industry, to which Celestica belongs, has lost 6.7% over this period. Now the key question is: Where could the stock be headed in the near term? Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its s ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Kelly Services (KELYA) : This company which is a global leader of providing workforce solutions, has seen the Zacks Consensus Estimate for its current year earnings increasing 29.1% over the last 60 days. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Celestica (CLS) : This company which is one of the largest electronics manufacturing services company in the world, serving the computer, and communicati ...

Colin Anderson Productions pty ltd My thesis SA Quant is a very interesting tool that helps exploring hidden gems like Celestica's (NYSE:CLS)(TSX:CLS:CA) stock which has almost a maximum 4.97 rating. The stock became a Strong Buy from Quant since last June, exactly a year ago. It was an excellent rating upgrade because the stock price increased by 280% since last June. I have delved into Celestica's fundamentals and conducted valuation analysis and I think that the fact that the stock still has that high Qu ...

Heading into today, shares of the electronics manufacturing services company had gained 0.78% over the past month, lagging the Computer and Technology sector's gain of 6.77% and the S&P 500's gain of 3.15% in that time. Celestica (CLS) closed the latest trading day at $55.91, indicating a +0.2% change from the previous session's end. This change outpaced the S&P 500's 0.16% loss on the day. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq decreased by 0.18%. Looking a ...

Celestica (CLS) NRG shares are up over 56% YTD, while the utilities sector underperformed. The company managed to reverse a net loss of $1,335 million in Q1 2023 into a net income of $511 million in Q1 2024. Adjusted EBITDA increased 31.41% YOY. NRG's price-to-earnings (P/E) ratio of 11.55x is well below the industry average of 16.75x. This positions the firm as one of the stocks with more upside ahead. It is expected to increase approximately 45% to reach industry valuation and (barely) claim triple-digit ...