Celestica (CLS) Outperforms Broader Market: What You Need to Know

Group 1 - Celestica's stock closed at $130.73, reflecting a +2.38% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.38% [1] - The stock has increased by 12.55% over the past month, surpassing the Computer and Technology sector's gain of 11.61% and the S&P 500's gain of 6.6% [1] Group 2 - Celestica is projected to report earnings of $1.23 per share, indicating a year-over-year growth of 35.16%, with anticipated revenue of $2.65 billion, representing a 10.95% increase from the same quarter last year [2] - For the annual period, earnings are expected to be $5.05 per share and revenue at $10.91 billion, reflecting increases of +30.15% and +13.15% respectively from the previous year [3] Group 3 - The Zacks Rank system, which evaluates estimate revisions, indicates that positive revisions reflect analysts' confidence in business performance [4][5] - Celestica currently holds a Zacks Rank of 3 (Hold), with no changes in the consensus EPS estimate over the past month [5] Group 4 - Celestica's Forward P/E ratio is 25.27, which is higher than the industry average of 19.72, indicating a premium valuation [6] - The Electronics - Manufacturing Services industry is ranked 203 in the Zacks Industry Rank, placing it in the bottom 18% of over 250 industries [6][7]