Celestica
About: Celestica Inc offers supply chain solutions. The company has two operating and reportable segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The ATS segment consists of the ATS end market and is comprised of the Aerospace and Defense, Industrial, health tech, and Capital Equipment businesses. Its Capital Equipment business is comprised of the semiconductor, display, and robotics equipment businesses, and the CCS segment consists of Communications and Enterprise end markets, Enterprise end market is comprised of its servers and storage businesses. The company generates a majority of its revenue from the Connectivity & Cloud Solutions segment.
Employees: 26,554
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
122% more call options, than puts
Call options by funds: $298M | Put options by funds: $134M
13% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 64
12% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 117
2% more funds holding
Funds holding: 337 [Q2] → 345 (+8) [Q3]
6.6% less ownership
Funds ownership: 74.5% [Q2] → 67.9% (-6.6%) [Q3]
11% less funds holding in top 10
Funds holding in top 10: 19 [Q2] → 17 (-2) [Q3]
19% less capital invested
Capital invested by funds: $5.07B [Q2] → $4.13B (-$940M) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Stifel Matthew Sheerin 58% 1-year accuracy 15 / 26 met price target | 5%upside $100 | Buy Maintained | 10 Dec 2024 |
UBS David Vogt 45% 1-year accuracy 5 / 11 met price target | 0%downside $95 | Neutral Initiated | 22 Nov 2024 |
Barclays George Wang 56% 1-year accuracy 9 / 16 met price target | 5%downside $91 | Overweight Initiated | 5 Nov 2024 |
TD Cowen Daniel Chan 75% 1-year accuracy 3 / 4 met price target | 27%downside $70 | Buy Maintained | 24 Oct 2024 |
RBC Capital Paul Treiber 86% 1-year accuracy 12 / 14 met price target | 21%downside $75 | Outperform Maintained | 24 Oct 2024 |
Financial journalist opinion
Based on 12 articles about CLS published over the past 30 days