Is Celestica (CLS) a Buy as Wall Street Analysts Look Optimistic?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Best Momentum Stock to Buy for February 4th
CLS, SKYW and FLEX made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 4, 2025.
Celestica: 3 Reasons To Buy
Celestica has handily outperformed the S&P 500 since my last bullish update on the stock. After Q4 FY24 earnings, I retain my bullish views on the stock. I think Meta's blowout capex guidance for FY25 may be a key driver of growth for Celestica's networking products for high performance compute applications business. Impressively, Celestica is finding ways to manage inventory more efficiently even whilst servicing high and growing demand, reflecting a smooth supply chain and accurate demand forecasting.
Celestica: 25% Tariffs And DeepSeek Are Not The Problem - Decelerating Growth Is
The market has experienced numerous drastic events over the past week, as observed in the DeepSeek-induced sell off and the imposed import tariffs. For now, we believe that Celestica Inc. remains insulated from these headwinds as observed in the stock's rapid recovery after the sell-off, aided by the promising data center investment trends. Even so, readers must note that 70% of its production is based in Asia, with any future tariffs likely to trigger demand/ bottom-line impacts.
Celestica: It's Simple. Let Your Winners Run
Celestica investors have endured a volatile week as the DeepSeek fallout was overcome by its confident earnings outlook last week. CLS's increased exposure to hyperscalers augurs well as the AI infra investment theme doesn't seem to be slowing down anytime soon. As DeepSeek potentially democratizes access to more cost-efficient models, it could also spur the need for more AI compute and networking technologies.
Overlooked Stock: CLS
Celestica (CLS) got an upgrade from CIBC following stronger-than-expected 4Q results. George Tsilis notes that the company is trading at a discount compared to its growth rate.
Celestica Q4 Earnings In-Line With Estimates, Revenues Rise Y/Y
Solid growth in key end markets led CLS to report relatively modest fourth-quarter results.
Celestica Inc. (CLS) Q4 2024 Earnings Call Transcript
Celestica Inc. (NYSE:CLS ) Q4 2024 Earnings Conference Call January 30, 2025 8:00 AM ET Company Participants Craig Oberg - Vice President, Corporate Development and Investor Relations Rob Mionis - President and Chief Executive Officer Mandeep Chawla - Chief Financial Officer Conference Call Participants George Lyon - Barclays Robert Young - Canaccord Genuity Thanos Moschopoulos - BMO Capital Markets David Vogt - UBS Steven Fox - Fox Advisors Ruben Roy - Stifel Paul Treiber - RBC Todd Coupland - CIBC Operator Good morning, ladies and gentlemen, and welcome to the Celestica Fourth Quarter 2024 Earnings Call. At this time all lines are in listen-only mode.
Celestica: Stellar Q4 Earnings Reinforce Bullish Case
Celestica: Stellar Q4 Earnings Reinforce Bullish Case
Celestica Q4 Earnings: Why DeepSeek Fears Are Overblown
Celestica's stock has been volatile but remains strong, with a raised 2025 outlook and a valuation of 32x forward free cash flow. The company is well-positioned with new AI projects and significant wins, ensuring growth into 2026 despite recent market concerns. Celestica's robust balance sheet with $1.7 billion in cash and mid-teens revenue growth makes its current valuation reasonable.
Celestica (CLS) Matches Q4 Earnings Estimates
Celestica (CLS) came out with quarterly earnings of $1.11 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.76 per share a year ago.
Celestica (CLS) is a Great Momentum Stock: Should You Buy?
Does Celestica (CLS) have what it takes to be a top stock pick for momentum investors? Let's find out.
