(CLS) Celestica - Ratings and Ratios

Celestica Inc. is a global supply chain solutions provider, operating in North America, Europe, and Asia, with a diverse client base including original equipment manufacturers, cloud-based service providers, hyperscalers, and companies in various industries such as aerospace and defense, industrial, HealthTech, and communications. The companys comprehensive services encompass product design and development, electronics manufacturing, testing, logistics, and after-market support, making it a one-stop-shop for companies seeking to outsource their manufacturing and supply chain needs.

With its Advanced Technology Solutions and Connectivity and Cloud Solutions segments, Celestica is well-positioned to capitalize on the growing demand for cloud infrastructure, 5G networks, and emerging technologies. The companys expertise in hardware platform solutions, including open-source software development, enables it to provide customized solutions for specific applications, further enhancing its value proposition.

From a technical analysis perspective, Celesticas stock has been trending upwards, with its current price of $119.31 above its 20-day SMA of $112.99 and 50-day SMA of $95.10. The stocks ATR of 4.53% indicates moderate volatility, and its support and resistance levels suggest potential for further growth, with resistance at $121.1 and support at $99.7 and $92.4. Given the current fundamental data, including a market cap of $13.27B and a forward P/E of 23.04, and the technical indicators, we forecast that Celesticas stock will continue to rise, potentially reaching $130 in the near term, driven by its strong earnings growth and increasing demand for its services.

Based on the provided fundamental data, Celesticas RoE of 23.32% indicates a strong ability to generate profits from shareholder equity. Combining this with the technical data, including the stocks current price and SMA indicators, we can infer that the companys financial performance is likely to continue driving its stock price upwards. As such, our forecast suggests that Celesticas stock will maintain its upward trajectory, with potential for further growth as the company continues to expand its services and client base.