Celestica (CLS) closed the most recent trading day at $300.35, moving -1.14% from the previous trading session. This change lagged the S&P 500's 0.41% gain on the day. Meanwhile, the Dow lost 0.07%, and the Nasdaq, a tech-heavy index, added 1.11%.
Prior to today's trading, shares of the electronics manufacturing services company had lost 8.66% lagged the Computer and Technology sector's loss of 0.92% and the S&P 500's gain of 1.46%.
The upcoming earnings release of Celestica will be of great interest to investors. The company's earnings report is expected on October 26, 2026. The company's earnings per share (EPS) are projected to be $3.01, reflecting a 90.51% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $5.4 billion, reflecting a 69.1% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $11.32 per share and a revenue of $20.35 billion, demonstrating changes of +87.11% and +64.27%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Celestica. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Celestica is currently a Zacks Rank #3 (Hold).
Investors should also note Celestica's current valuation metrics, including its Forward P/E ratio of 26.83. This represents a premium compared to its industry average Forward P/E of 22.9.
The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 17, which puts it in the top 7% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Celestica, Inc. (CLS): Free Stock Analysis Report
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