Daniel DiMaggio - Celestica Independent Director

CLS Stock  CAD 119.71  4.83  3.88%   

Director

Mr. Daniel P. DiMaggio is an Independent Director of Celestica Inc since 2010.
Age 68
Tenure 14 years
Address 5140 Yonge Street, Toronto, ON, Canada, M2N 6L7
Phone416 448 2211
Webhttps://www.celestica.com
DiMaggio is a corporate director. Prior to retiring in 2006, he spent 35 years with United Parcel Services, most recently as CEO of the UPS Worldwide Logistics Group. Prior to leading UPS’ Worldwide Logistics Group, Mr. DiMaggio held a number of positions at UPS with increasing responsibility, including leadership roles for the UPS International Marketing Group, as well as the Industrial Engineering function. In addition to his senior leadership roles at UPS, Mr. DiMaggio was a member of the board of directors of Greatwide Logistics Services, Inc. and CEVA Logistics . He Daniel P. DiMaggio holds a BS degree from the Lowell Technological Institute .

Celestica Management Efficiency

The company has return on total asset (ROA) of 0.0551 % which means that it generated a profit of $0.0551 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2122 %, meaning that it generated $0.2122 on every $100 dollars invested by stockholders. Celestica's management efficiency ratios could be used to measure how well Celestica manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to grow to 0.05. Also, Return On Capital Employed is likely to grow to 0.15. At this time, Celestica's Other Current Assets are very stable compared to the past year. As of the 26th of November 2024, Return On Tangible Assets is likely to grow to 0.05, while Total Assets are likely to drop about 4.3 B.
Celestica has accumulated 782.8 M in total debt with debt to equity ratio (D/E) of 0.43, which is about average as compared to similar companies. Celestica has a current ratio of 1.64, which is within standard range for the sector. Debt can assist Celestica until it has trouble settling it off, either with new capital or with free cash flow. So, Celestica's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Celestica sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Celestica to invest in growth at high rates of return. When we think about Celestica's use of debt, we should always consider it together with cash and equity.

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Celestica Inc. provides hardware platform and supply chain solutions in North America, Europe, and Asia. Celestica Inc. was incorporated in 1994 and is headquartered in Toronto, Canada. CELESTICA INC operates under Electronic Components classification in Canada and is traded on Toronto Stock Exchange. It employs 21500 people. Celestica (CLS) is traded on Toronto Exchange in Canada and employs 21,890 people. Celestica is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification.

Management Performance

Celestica Leadership Team

Elected by the shareholders, the Celestica's board of directors comprises two types of representatives: Celestica inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Celestica. The board's role is to monitor Celestica's management team and ensure that shareholders' interests are well served. Celestica's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Celestica's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Cascella, Independent Director
Manny Panesar, Vice Services
CPA CMA, Chief Officer
Gavin Cato, Head Solutions
Laurette Koellner, Independent Director
Michael Wilson, Independent Chairman of the Board
Daniel DiMaggio, Independent Director
Shlomo Bibas, VP Officer
Alok Agrawal, Chief Officer
Robert Ellis, Chief Secretary
Todd Melendy, Vice Compliance
Elizabeth DelBianco, Executive Vice President Chief Legal and Administrative Officer and Corporate Secretary
Douglas Parker, Chief Secretary
John Lawless, Executive Vice President - Diversified Markets
Eamon Ryan, Independent Director
Carol Perry, Independent Director
Deepak Chopra, Independent Director
Craig Oberg, Vice Development
Mandeep Chawla, Senior Vice President - Finance
Jason Phillips, President - Connectivity and Cloud Solutions
Yann Etienvre, Chief Officer
Robert Mionis, President, Chief Executive Officer, Director
Tawfiq Popatia, Director
Leila Wong, Chief Officer
Paul Carpino, Vice Relations
Todd Cooper, Chief Operations Officer

Celestica Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Celestica a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Celestica

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Celestica position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Celestica will appreciate offsetting losses from the drop in the long position's value.

Moving against Celestica Stock

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The ability to find closely correlated positions to Celestica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Celestica when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Celestica - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Celestica to buy it.
The correlation of Celestica is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Celestica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Celestica moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Celestica can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Celestica is a strong investment it is important to analyze Celestica's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Celestica's future performance. For an informed investment choice regarding Celestica Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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.
To learn how to invest in Celestica Stock, please use our How to Invest in Celestica guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Please note, there is a significant difference between Celestica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Celestica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celestica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.