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CLS
Stock ticker:
NYSE
AS OF
Jul 1 closing price
Price
$9.64
Change
-$0.08 (-0.82%)
Capitalization
1.21B

CLS Price Prediction, Celestica AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

CLS sees MACD Histogram just turned negative

CLS saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on June 13, 2022. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 47 instances where the indicator turned negative. In 38 of the 47 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 81%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

CLS moved below its 50-day moving average on June 10, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for CLS crossed bearishly below the 50-day moving average on June 16, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

The 50-day moving average for CLS moved below the 200-day moving average on June 17, 2022. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CLS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CLS's RSI Indicator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 48 cases where CLS's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on July 01, 2022. You may want to consider a long position or call options on CLS as a result. In of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CLS advanced for three days, in of 303 cases, the price rose further within the following month. The odds of a continued upward trend are .

CLS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 215 cases where CLS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.792) is normal, around the industry mean (6.867). P/E Ratio (10.582) is within average values for comparable stocks, (31.775). CLS's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.166). CLS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.024). P/S Ratio (0.203) is also within normal values, averaging (7.205).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CLS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CLS’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock worse than average.

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published price charts
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A.I. Advisor
published Earnings

CLS is expected to report earnings to rise 7.92% to 42 cents per share on July 26

Celestica CLS Stock Earnings Reports
Q2'22
Est.
$0.42
Q1'22
Beat
by $0.04
Q4'21
Beat
by $0.06
Q3'21
Beat
by $0.03
Q2'21
Beat
by $0.06
The last earnings report on April 27 showed earnings per share of 38 cents, beating the estimate of 34 cents. With 329.38K shares outstanding, the current market capitalization sits at 1.21B.
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Corning (NYSE:GLW).

Industry description

The Electronic Components industry produces electronic equipment for industries and consumer electronics products, such as mobile devices, televisions, and circuit boards. TE Connectivity Ltd, for example, is a company that designs and manufactures connectivity and sensor products for harsh environments in various industries, such as automotive, industrial equipment, aerospace, and oil & gas. Another major player, Corning Inc., makes advanced optics including end-to-end fiber and wireless solutions for communications networks along with various other technologies catering to industrial and scientific applications.

Market Cap

The average market capitalization across the Electronic Components Industry is 4.76B. The market cap for tickers in the group ranges from 3.89K to 181.25B. MAWAF holds the highest valuation in this group at 181.25B. The lowest valued company is ALPE at 3.89K.

High and low price notable news

The average weekly price growth across all stocks in the Electronic Components Industry was -0%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was -19%. NXOPF experienced the highest price growth at 63%, while ZTSTF experienced the biggest fall at -24%.

Volume

The average weekly volume growth across all stocks in the Electronic Components Industry was -78%. For the same stocks of the Industry, the average monthly volume growth was -11% and the average quarterly volume growth was -16%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 41
P/E Growth Rating: 62
Price Growth Rating: 66
SMR Rating: 32
Profit Risk Rating: 77
Seasonality Score: 3 (-100 ... +100)
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published General Information

General Information

a provider of electronics manufacturing services

Industry ElectronicComponents

Profile
Fundamentals
Details
Industry
Electronic Components
Address
5140 Yonge Street
Phone
+1 416 448-2211
Employees
23915
Web
https://www.celestica.com

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CLS and

Correlation & Price change

A.I.dvisor indicates that over the last year, CLS has been loosely correlated with JBL. These tickers have moved in lockstep 63% of the time. This A.I.-generated data suggests there is some statistical probability that if CLS jumps, then JBL could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CLS
1D Price
Change %
CLS100%
-0.93%
JBL - CLS
63%
Loosely correlated
-0.23%
FLEX - CLS
60%
Loosely correlated
-1.52%
SANM - CLS
60%
Loosely correlated
-0.17%
APH - CLS
58%
Loosely correlated
-0.98%
TEL - CLS
55%
Loosely correlated
-1.90%
More