An electronic manufacturer, they make stuff for other companies. Their biggest customer is Cisco. They have plants around the world. It’s an up and down industry because you are dependant on how other companies do. They are starting to turn around, earnings projections is going up, bought back about 30% of their stock, they have a ton of cash. Raised their guidance. He likes the outlook. Doesn’t pay a dividend. (Analysts' price target $12.34)
They have bought back over 80 million shares over the recent years. They just make a $130 million acquisition, it trades at 10 times earnings, and is debt free – it is great value. Yield 0%. (Analysts’ price target is $12.18 )
It has an interesting pattern. After a correction you can get clues that the downtrend is over by watching for a period of consolidation. Higher lows an higher highs. This is what they are doing so you could see a movement up. Buy it if it breaks the high end of the short term trading range.
This company makes electronic parts for other manufacturers. Their last quarter flow was not good and earnings took a hit. They have a good return on capital and hold a lot of cash, buying back some of their stock recently. The valuation is good here. It does not pay a dividend. Yield 0%. (Analysts’ price target is $14.64)
He is taking his time looking at this one. They have really struggled and earnings over the last couple of quarters have been disappointing. But what he likes is that capital spending will eventually fall into their hands. At some point things will turn.
He does not particularly like it. Investors think it is a technology play, but really it is a contract manufacturer without a lot of pricing power. Margins are low and it is fairly cyclical. The competitive strength is not enough to make him want to have a position.
Celestica Inc is a Canadian stock, trading under the symbol CLS-T on the Toronto Stock Exchange (CLS-CT). It is usually referred to as TSX:CLS or CLS-T
In the last year, 1 stock analyst published opinions about CLS-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Celestica Inc.
Celestica Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Celestica Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Celestica Inc In the last year. It is a trending stock that is worth watching.
On 2023-01-26, Celestica Inc (CLS-T) stock closed at a price of $17.57.
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