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Celestica, Inc. (CLS) is Attracting Investor Attention: Here is What You Should Know

Zacks Investment Research·
Celestica, Inc. (CLS) is Attracting Investor Attention: Here is What You Should Know

Celestica (CLS), an electronics manufacturing services company, has gained 9.6% over the past month, outperforming the S&P 500. The company shows strong earnings growth expectations of 87.1% year-over-year for the current fiscal year and 67.9% for the next fiscal year, with consistent revenue growth forecasts of 64.3% and 57.2% respectively. However, the stock received a Zacks Rank #3 (Hold) rating, suggesting it may perform in line with the broader market in the near term, and is valued at par with its peers.

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