The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Celestica, Inc. (CLS) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.31, or 1.11%, to $28.36. The Celestica, Inc. has recorded 55,266 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Celestica to Hold a Virtual Investor Meeting on November 29.
The company is listed on the NYSE and operates within the Electronic Components industry segment. At the end of the last regular session, the stock closed at $28.05 and fluctuated between $28.38 as its day high and $27.59 as its day low. The current market capitalization of Celestica, Inc. is $3.87B. A total of 2.14 million shares were traded on the day, compared to an average of 1.91M shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, CLS has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 6,974 and the disposition of 0 shares. Over the last 12 months, there were 90 BUYs and 63 SELLs from insiders. Insiders purchased 23,078,860 shares during that period but sold 22,168,714.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for CLS in the last 3 months, the mean price target is $29.00 with high estimates of $33.00 and low estimates of $26.00. In terms of 52-week highs and lows, CLS has a high of $27.99 and a low of $10.50.
As of this writing, CLS has an earnings estimate of $0.67 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.68 per share and a lower estimate of $0.65. The company reported an EPS of $0.55 in the last quarter, which was 17.00% higher than expectations of $0.47.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CLS’s latest balance sheet shows that the firm has $394.00M in Cash & Short Term Investments as of fiscal 2021. There were $794.40M in debt and $2.25B in liabilities at the time. Its Book Value Per Share was $13.24, while its Total Shareholder’s Equity was $1.46B.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CLS is Buy with a score of 4.50.