TORONTO, June 20, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, has amended its existing senior secured credit agreement ("Existing Facility")*, with an upsizing of the total facility to $1.5 billion ("Amended Facility") to support continuing growth. Increases the revolving loan commitments from $600 million to $750 million. Maturity date extended from March 2025 to Ju ...

TORONTO, June 20, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, has amended its existing senior secured credit agreement ("Existing Facility")*, with an upsizing of the total facility to $1.5 billion ("Amended Facility") to support continuing growth. New Term A and Term B loans with a total original principal amount of $750 million (the "Term Loans") The Amended Facili ...

Celestica is one of 618 companies in the Computer and Technology group. The Computer and Technology group currently sits at #12 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. Our latest available data shows that CLS has returned about 101.8% since the start of the calendar year. At the same time, Computer and Technology stocks have gained an average of 26.1%. A ...

Over the past month, shares of this electronics manufacturing services company have returned +8.3%, compared to the Zacks S&P 500 composite's +4.2% change. During this period, the Zacks Electronics - Manufacturing Services industry, which Celestica falls in, has gained 6.1%. The key question now is: What could be the stock's future direction? Earnings Estimate Revisions We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest ...

Celestica (CLS) Considering the Nasdaq has now climbed +30% over the last year, it can be harder to find tech stocks that are reasonably valued. However, several technology-driven stocks were added to the Zacks Rank #1 (Strong Buy) list today and are starting to stand out in terms of their valuation. With that being said, here are three of these favorably valued top-rated tech stocks to consider at the moment. Value Score: B Being one of the largest electronics manufacturing services companies in the world, ...

A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced. Moreover, the momentum for CLS is fast paced, as the stock currently has a beta of 2.28. This indicates that the stock move ...

Investors might want to bet on Celestica (CLS) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual inve ...

Celestica (CLS) closed at $55.57 in the latest trading session, marking a -0.63% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.11%. On the other hand, the Dow registered a loss of 0.3%, and the technology-centric Nasdaq increased by 0.56%. The electronics manufacturing services company's stock has climbed by 24.65% in the past month, exceeding the Computer and Technology sector's gain of 7.61% and the S&P 500's gain of 5.06%. The upcoming earnings release of Cele ...

Celestica (CLS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this electronics manufacturing services company have returned +24.7% over the past month versus the Zacks S&P 500 composite's +5.1% change. The Zacks Electronics - Manufacturing Services industry, to which Celestica belongs, has gained 10.7% over this period. Now the key question is: Where could the stock ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: DXP Enterprises, Inc. (DXPE) : This industrial distributor company has seen the Zacks Consensus Estimate for its current year earnings increasing 13% over the last 60 days. Engie SA (ENGIY) : This energy company has seen the Zacks Consensus Estimate for its current year earnings increasing 19.3% over the last 60 days. Luxfer Holdings PLC (LXFR) : This materials engineering company has seen the Zacks Consensus Estimate for its current y ...