Headlines about Celestica (NYSE:CLS) (TSE:CLS) have trended somewhat positive on Wednesday, according to Accern Sentiment. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Celestica earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 46.3319042442629 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news headlines that may have effected Accern’s scoring:
Celestica (NYSE CLS) opened at $10.97 on Wednesday. The company has a market capitalization of $1,580.00, a P/E ratio of 15.24 and a beta of 0.60. The company has a current ratio of 1.94, a quick ratio of 1.10 and a debt-to-equity ratio of 0.12. Celestica has a 52-week low of $9.79 and a 52-week high of $14.74.
Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings results on Wednesday, January 24th. The technology company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.10). The business had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.56 billion. Celestica had a net margin of 1.72% and a return on equity of 8.84%. equities research analysts forecast that Celestica will post 0.78 earnings per share for the current fiscal year.
A number of equities research analysts have recently weighed in on the company. Stifel Nicolaus lowered their target price on Celestica from $14.00 to $13.00 and set a “hold” rating for the company in a research note on Thursday, January 25th. Royal Bank of Canada reissued a “hold” rating and issued a $11.00 target price on shares of Celestica in a research note on Thursday, January 25th. Canaccord Genuity reissued a “buy” rating and issued a $13.00 target price on shares of Celestica in a research note on Thursday, January 25th. TheStreet lowered Celestica from a “b” rating to a “c+” rating in a research note on Thursday, November 9th. Finally, ValuEngine lowered Celestica from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $13.36.
Celestica Inc is a provider of supply chain solutions. The Company operates in electronics manufacturing services business segment. The Company offers a range of services to its customers, including design and development, engineering services, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics and after-market repair and return services.