Celestica initiated with a Neutral at UBS - TipRanks
CLS Stock | CAD 147.42 6.45 4.58% |
About 55% of Celestica's investors are presently thinking to get in. The analysis of overall sentiment of trading Celestica stock suggests that some investors are interested at this time. Celestica's investing sentiment overview a quick insight into current market opportunities from investing in Celestica. Many technical investors use Celestica stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Celestica |
Celestica initiated with a Neutral at UBS TipRanks
Read at news.google.com
Celestica Fundamental Analysis
We analyze Celestica's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Celestica using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Celestica based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
EBITDA
EBITDA Comparative Analysis
Celestica is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Celestica Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Celestica stock to make a market-neutral strategy. Peer analysis of Celestica could also be used in its relative valuation, which is a method of valuing Celestica by comparing valuation metrics with similar companies.
Peers
Celestica Related Equities
DSG | Descartes Systems | 1.68 | ||||
GIB-A | CGI | 1.06 | ||||
CFP | Canfor | 2.15 | ||||
CCA | Cogeco Communications | 2.53 |
Check out Celestica Hype Analysis, Celestica Correlation and Celestica Performance. To learn how to invest in Celestica Stock, please use our How to Invest in Celestica guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.