02:09:20 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



Celestica Inc
Symbol CLS
Shares Issued 119,041,272
Close 2023-12-29 C$ 38.81
Market Cap C$ 4,619,991,766
Recent Sedar Documents

Globe says Celestica still a top Megastar pick

2024-01-02 07:37 ET - In the News

The Globe and Mail reports in its Saturday, Dec. 30, edition that its Megastar portfolio has outperformed the market by 9.4 percentage points since last year. The Globe's Norman Rothery writes that Celestica was included in last year's Megastar portfolio and remains on it for this year. The stock finished last year at about $16. It is one of the portfolio's top 20 picks. Celestica offers a range of electronics product manufacturing and related supply-chain services through operations in North America, Europe and Asia. The Toronto-based company's shares jumped 158 per cent over the past year, but they trade at a relatively modest 11 times forward 12-month earnings estimates. The Globe reported on Oct. 17 that CIBC World Markets analyst Todd Coupland had reaffirmed his "outperformer" recommendation for Celestica. The shares could then be had for $37.17. The Globe's guest columnist Gordon Pape recommended buying Celestica on Nov. 21. Mr. Pape said the stock was trading at a reasonable price-earnings ratio of 16.65. He said Celestica was good for the long-term investor. The shares were then going for $36.70. The Globe's Tim Shufelt said Celestica was worth consideration on Dec. 23 when it could be had for $38.96.

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