Celestica Stock Buy Hold or Sell Recommendation
| CLS Stock | CAD 116.70 5.28 4.33% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Celestica is 'Strong Hold'. The recommendation algorithm takes into account all of Celestica's available fundamental, technical, and predictive indicators you will find on this site.
Check out Celestica Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Celestica Stock, please use our How to Invest in Celestica guide. In addition, we conduct extensive research on individual companies such as Celestica and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Celestica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Celestica |
Execute Celestica Buy or Sell Advice
The Celestica recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Celestica. Macroaxis does not own or have any residual interests in Celestica or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Celestica's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Celestica Trading Alerts and Improvement Suggestions
| Celestica appears to be risky and price may revert if volatility continues | |
| Celestica is unlikely to experience financial distress in the next 2 years | |
| Over 80.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Celestica Inc Trading 2.18 percent Higher on Nov 19 - GuruFocus.com |
Celestica Returns Distribution Density
The distribution of Celestica's historical returns is an attempt to chart the uncertainty of Celestica's future price movements. The chart of the probability distribution of Celestica daily returns describes the distribution of returns around its average expected value. We use Celestica price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Celestica returns is essential to provide solid investment advice for Celestica.
| Mean Return | 0.87 | Value At Risk | -4.18 | Potential Upside | 5.61 | Standard Deviation | 3.79 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Celestica historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Celestica Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 57.5M | (15.7M) | (69.8M) | (19.5M) | (4.1M) | (3.9M) | |
| Free Cash Flow | 264.5M | 186.8M | 174.6M | 188.9M | 304.6M | 319.8M | |
| Depreciation | 135.4M | 124.7M | 126.3M | 144.8M | 160.4M | 104.9M | |
| Other Non Cash Items | (33.4M) | 22.4M | 10M | (12.7M) | (52.6M) | (50.0M) | |
| Net Income | 70.3M | 60.6M | 103.9M | 145.5M | 244.6M | 256.8M | |
| End Period Cash Flow | 479.5M | 463.8M | 394M | 374.5M | 370.4M | 572.3M | |
| Change To Inventory | 97.7M | (99.3M) | (521.9M) | (717.3M) | 244.2M | 256.4M | |
| Investments | 38.7M | (51M) | (364.3M) | (108.9M) | (122.8M) | (128.9M) | |
| Net Borrowings | (203.2M) | (155.6M) | 150M | (79.2M) | (71.3M) | (67.7M) | |
| Change To Netincome | 27.3M | 77.2M | 71.9M | 95.6M | 109.9M | 59.6M |
Celestica Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Celestica or Electronic Equipment, Instruments & Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Celestica's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Celestica stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.82 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 3.90 | |
Ir | Information ratio | 0.20 |
Celestica Volatility Alert
Celestica shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Celestica's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Celestica's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Celestica Fundamentals Vs Peers
Comparing Celestica's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Celestica's direct or indirect competition across all of the common fundamentals between Celestica and the related equities. This way, we can detect undervalued stocks with similar characteristics as Celestica or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Celestica's fundamental indicators could also be used in its relative valuation, which is a method of valuing Celestica by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Celestica to competition |
| Fundamentals | Celestica | Peer Average |
| Return On Equity | 0.21 | -0.31 |
| Return On Asset | 0.0551 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.06 % | (5.51) % |
| Current Valuation | 14.96 B | 16.62 B |
| Shares Outstanding | 116.36 M | 571.82 M |
| Shares Owned By Insiders | 1.01 % | 10.09 % |
| Shares Owned By Institutions | 79.94 % | 39.21 % |
| Number Of Shares Shorted | 2.17 M | 4.71 M |
| Price To Earning | 33.41 X | 28.72 X |
| Price To Book | 5.53 X | 9.51 X |
| Price To Sales | 1.54 X | 11.42 X |
| Revenue | 7.96 B | 9.43 B |
| Gross Profit | 640.3 M | 27.38 B |
| EBITDA | 543.6 M | 3.9 B |
| Net Income | 244.6 M | 570.98 M |
| Cash And Equivalents | 10.5 M | 2.7 B |
| Cash Per Share | 3.50 X | 5.01 X |
| Total Debt | 782.8 M | 5.32 B |
| Debt To Equity | 0.43 % | 48.70 % |
| Current Ratio | 1.67 X | 2.16 X |
| Book Value Per Share | 15.39 X | 1.93 K |
| Cash Flow From Operations | 429.7 M | 971.22 M |
| Short Ratio | 2.61 X | 4.00 X |
| Earnings Per Share | 4.41 X | 3.12 X |
| Target Price | 91.0 | |
| Number Of Employees | 21.89 K | 18.84 K |
| Beta | 2.23 | -0.15 |
| Market Capitalization | 14.19 B | 19.03 B |
| Total Asset | 5.89 B | 29.47 B |
| Retained Earnings | (839.6 M) | 9.33 B |
| Working Capital | 1.29 B | 1.48 B |
| Current Asset | 2.12 B | 9.34 B |
Celestica Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Celestica . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 61124.0 | |||
| Daily Balance Of Power | (0.70) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 117.92 | |||
| Day Typical Price | 117.51 | |||
| Price Action Indicator | (3.86) | |||
| Period Momentum Indicator | (5.28) |
About Celestica Buy or Sell Advice
When is the right time to buy or sell Celestica? Buying financial instruments such as Celestica Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Celestica in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Cash Cows Thematic Idea Now
Cash Cows
Entities with stable and reliable earnings or profits, which allows them to pay consistent dividends to their shareholders. The Cash Cows theme has 25 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cash Cows Theme or any other thematic opportunities.
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Check out Celestica Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Celestica Stock, please use our How to Invest in Celestica guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.