Celestica (CLS) Stock Declines While Market Improves: Some Information for Investors

In the latest close session, Celestica (CLS) was down 1.07% at $273.50. The stock's performance was behind the S&P 500's daily gain of 1.07%. Meanwhile, the Dow gained 1.12%, and the Nasdaq, a tech-heavy index, added 1.37%. Heading into today, shares of the electronics manufacturing services company had gained 9.3% over the past month, outpacing the Computer and Technology sector's gain of 2.68% and the S&P 500's gain of 1.08%.Market participants will be closely following the financial results of Celestica in its upcoming release. The company plans to announce its earnings on October 27, 2025. The company is predicted to post an EPS of $1.45, indicating a 39.42% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $3 billion, indicating a 19.99% growth compared to the corresponding quarter of the prior year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.55 per share and revenue of $11.63 billion. These totals would mark changes of +43.04% and +20.61%, respectively, from last year. It is also important to note the recent changes to analyst estimates for Celestica. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Celestica is currently sporting a Zacks Rank of #2 (Buy). In terms of valuation, Celestica is currently trading at a Forward P/E ratio of 49.81. This expresses a premium compared to the average Forward P/E of 19.39 of its industry. The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 49, finds itself in the top 20% echelons of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. #1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Celestica, Inc. (CLS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks