Celestica Shares Fall 3.8% Ahead of 72.5% EPS Growth Forecast
Celestica shares tumbled 3.84% to close at $266.98, underperforming a 0.04% S&P 500 gain. Analysts forecast Q1 EPS of $2.07 (+72.5%) on $4.0B revenue (+51.2%) and full-year EPS of $8.83 (+45.9%), while forward P/E of 31.4 exceeds the industry average of 24.0.
1. Share Price Movement
Celestica shares fell 3.84% to settle at $266.98, underperforming a 0.04% gain in the S&P 500, a 0.15% slip in the Dow, and a 0.36% rise in the Nasdaq.
2. Quarterly Earnings Forecast
Analysts expect Q1 earnings of $2.07 per share, a 72.5% year-over-year increase, on revenue of $4.0 billion, up 51.2%, setting a high bar for the upcoming earnings report.
3. Full-Year Estimates and Analyst Ranking
Full-year consensus forecasts call for EPS of $8.83, up 45.9%, and revenue of $17.03 billion, up 37.4%, while estimate revisions have driven the consensus EPS forecast 8.6% higher in the past month and earned a Zacks Rank of 2 (Buy).
4. Valuation and Industry Positioning
The stock trades at a forward P/E of 31.44, a premium to the industry average of 24.01, and sits within the Electronics Manufacturing Services industry, ranked in the top 3% of over 250 industries, indicating sector strength.