Celestica: Still Dirt Cheap (Rating Upgrade) [Seeking Alpha]
Celestica, Inc. (CLS)
Last celestica, inc. earnings: 4/29 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
corporate.celestica.com/events-and-presentations
Company Research
Source: Seeking Alpha
The company's cash flows have nearly doubled YoY, enabling reinvestment in growth and improving financial flexibility. Management's guidance for Q2 and full fiscal 2024 outlook is optimistic, indicating sustainable momentum and market share gains over peers. My valuation analysis suggests that Celestica is 66% undervalued even with very conservative underlying assumptions. Investment thesis My initial cautious thesis about Celestica ( NYSE: CLS ) did not age well because the stock rallied by 87% since last September. Last time I have underestimated the strength of the momentum in revenue growth and profitability expansion. However, the fact that Celestica started leveraging more artificial intelligence [AI] capabilities in its offerings was a strong revenue growth catalyst. Moreover, providing more technologically advanced capabilities improved the revenue mix and that contributed to profitability. However, the company outperformed against my previous expectations and this st
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CLS
News
- Celestica: Explosive Momentum And Growth At An Attractive Price (SA Quant) [Seeking Alpha]Seeking Alpha
- TFSA: 3 Canadian Stocks to Buy and Hold Forever [Yahoo! Finance Canada]Yahoo! Finance Canada
- 3 Roaring Stocks to Hold for the Next 20 Years [Yahoo! Finance Canada]Yahoo! Finance Canada
- Adams Cable Service Upgrades To 400G Network With IP Infusion and RocNet [Yahoo! Finance]Yahoo! Finance
- Celestica First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
CLS
Earnings
- 4/24/24 - Beat
CLS
Sec Filings
- 5/1/24 - Form SD
- 4/26/24 - Form 6-K
- 4/25/24 - Form 8-A12B/A
- CLS's page on the SEC website