Celestica Inc. (CLS, Financial) recently experienced a notable stock price increase of 5.02%. The stock is currently trading at $54.06 with a trading volume of 903,401 shares, a turnover rate of 0.76%, and a price fluctuation of 3.51%.
In its latest financial report, Celestica recorded a revenue of $2.392 billion, a net profit of $99.6 million, and an earnings per share of $0.84. The company's gross profit reached $245 million, with a price-to-earnings ratio of 17.66.
Regarding analyst recommendations, 90% of the ten evaluated institutions have suggested buying the stock, while 10% recommended holding it, with no sell recommendations.
Celestica operates in the electronic components sector, which saw an overall rise of 0.78%. Within this sector, Ouster, Inc., Neonode Inc., and Celestica have witnessed significant gains. Other active stocks include Microcloud Hologram Inc., boasting a 15.43% fluctuation, Neonode Inc. with 9.57%, and additional companies showing varying levels of market activity.
Celestica specializes in providing supply chain solutions through its two segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The ATS segment focuses on aerospace, defense, industrial, health technology, and capital equipment, including semiconductors and robotics. Meanwhile, the CCS segment primarily handles communications, enterprise, server, and storage markets, generating the majority of the company’s revenue.
