Celestica (CLS) Scheduled to Post Earnings on Wednesday

Celestica (TSE:CLS) (NYSE:CLS) is set to post its quarterly earnings results after the market closes on Wednesday, October 23rd. Analysts expect Celestica to post earnings of C$1.13 per share for the quarter.

Celestica (TSE:CLS) (NYSE:CLS) last posted its quarterly earnings data on Wednesday, July 24th. The company reported C$1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.99 by C$0.18. Celestica had a net margin of 4.16% and a return on equity of 20.99%. The company had revenue of C$3.27 billion for the quarter, compared to the consensus estimate of C$3.09 billion.

Celestica Stock Performance

The company has a current ratio of 1.47, a quick ratio of 0.54 and a debt-to-equity ratio of 52.78. Celestica has a twelve month low of C$28.90 and a twelve month high of C$88.05. The stock has a market capitalization of C$9.29 billion, a PE ratio of 18.82, a P/E/G ratio of 0.14 and a beta of 2.23. The firm’s 50 day simple moving average is C$69.24 and its 200 day simple moving average is C$70.60.

Wall Street Analyst Weigh In

Separately, TD Securities raised their target price on Celestica from C$55.00 to C$61.00 and gave the stock a “buy” rating in a report on Friday, July 26th.

Celestica Company Profile

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.