Economy

Celestica Inc (CLS) EPS Estimated At $0.24

The Company offers a range of services, including design and development, engineering services, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics and after-market fix and return services.

The following firms have recently changed their position in CLS.

A number of other hedge funds have also added to or reduced their stakes in CLS. AXA bought a new position in Celestica during the first quarter valued at $212,000. Cubist Systematic Strategies, LLC now owns 30,975 shares valued at $421,000. The days to cover increased to 1.0 and the short interest percentage is 0.00% as of August 31. Envestnet Asset Management Inc. lifted its position in Celestica by 16.4% in the 1st quarter. Eqis Capital Management Inc. now owns 23,266 shares of the technology company's stock valued at $316,000 after purchasing an additional 3,151 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Celestica by 1.7% in the 2nd quarter.

Traders are a little more bullish on shares of Celestica, Inc. of late if you evaluate the decrease in short interest. The company has market cap of $1.81 billion. As of the latest earnings report the EPS was $0.92 and is estimated to be $1.27 for the current year with 143,199,000 shares now outstanding. Next quarter's EPS is forecasted at $0.34 with next year's EPS projected to be $1.35. The company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.55 billion. Celestica had a net margin of 2.12% and a return on equity of 13.64%. After having $0.32 EPS previously, Celestica Inc's analysts see -25.00% EPS growth. Celestica, Inc. shares had a trading volume of 1,873 on Thursday.

COPYRIGHT VIOLATION NOTICE: "Public Sector Pension investment Board Sells 67,500 Shares of Celestica, Inc". If you are viewing this story on another site, it was illegally copied and republished in violation of USA and global copyright & trademark legislation. Scotiabank reissued a "sector perform" rating and issued a C$20.00 price target on shares of Celestica in a report on Sunday, April 23rd. Standpoint Research upgraded shares of Celestica from a "hold" rating to a "buy" rating in a research note on Thursday, August 17th. They noted that the move was a valuation call. BidaskClub lowered shares of Celestica from a "sell" rating to a "strong sell" rating in a research note on Friday, July 28th. The stock of Celestica Inc (NYSE:CLS) earned "Sector Perform" rating by RBC Capital Markets on Friday, October 30. Finally, BMO Capital Markets reissued a "market perform" rating and issued a C$15.50 price target on shares of Celestica in a report on Friday, April 21st. (NYSE:CLS) (TSE:CLS) have received a consensus rating of "Hold" from the thirteen research firms that are presently covering the stock, MarketBeat.com reports.



Like this

Latest


23 September 2017
President Trump mocks Kim Jong Un and Hillary Clinton in Sunday tweetstorm
President Donald Trump says he and South Korean President Moon Jae-in (jah-yihn) have discussed North Korea in their latest call. "Asked him how Rocket Man is doing". "Long gas lines forming in North Korea".

23 September 2017
Two-door Alfa Romeo Giulia reportedly due out next year
It's quite obvious what this vehicle will be after, namely the Audi A5, the BMW 4-series, and the Mercedes-Benz C-class coupe. It will target the likes of the Audi A5 and BMW 4-Series, and likely make its debut next March at the 2018 Geneva Motor Show.

23 September 2017
Orden de captura en contra de exmagistrado Francisco Ricaurte
Por su parte, el abogado de Ricaurte , Álvaro Luna Conde sostuvo que su defendido no eludirá la justicia. "No va a aceptar ningún delito".

23 September 2017
Raymond James Financial, Inc. (RJF) Holdings Reduced by BlackRock Inc
Also, it has an estimated price-earnings (P/E) multiple of 14.36 and a trailing 12-month price-earnings (P/E) multiple of 19.71. Shares of Civeo Corporation (NYSE:CVEO) are making a strong comeback as they have jumped 156% since bottoming out at $1 on Sep.

23 September 2017
Class-action lawsuit filed in NH over Equifax breach
Consumers and retailers are likely to be dealing with the aftermath of the major hack at credit reporting firm Equifax . And Hill suggested Equifax's reaction was created to take advantage of consumer fears in the wake of the breach.

23 September 2017
Getting Help! Troubled Aaron Carter Back In Rehab
According to police reports obtained by The Blast , Aaron has threatened to commit suicide and "harm family and others". The friend said that Aaron Carter's "words were slurred and did not make sense" and that his "skin color was off".

23 September 2017
Ed Sheeran Shatters Spotify's Most Streamed Song Record
Powered by the hit single, Sheeran, a 26-year-old British singer, also saw his total catalog soar to more than 10 billion plays on Spotify - earning him roughly $50 million in royalties.

23 September 2017
Impax Laboratories, Inc. (IPXL) Holdings Lifted by State of Wisconsin Investment Board
Currently, 420.8 million total shares are owned by the public and among those 416.13 million shares have been available to trade. Lastly, Louisiana State Employees Retirement System boosted its stake in Impax Laboratories by 1.0% through out the 1st period.

23 September 2017
Simple Moving Average Analysis of The Goldman Sachs Group, Inc. (GS)
Instinet reissued a "neutral" rating and set a $205.00 price objective (down from $214.00) on shares of Goldman Sachs Group, Inc. The firm has "Hold" rating given on Wednesday, June 14 by Susquehanna. ( NYSE:GS ) traded down 0.60% on Friday, hitting $229.91.

23 September 2017
Pro-Xcel Energy Inc Institutional Investors Sentiment Runs High in Q2 2017
Insiders contain to comply with strict disclosure requirements with regard to the sale or purchase of the shares of their company. Also, the number of hedge funds holding Xcel Energy Inc in their top 10 positions decreased from 7 to 5 for a decrease of 2.



Recommended