2024-05-03 15:00:39 ET
Summary
- Celestica is up more than 300% in the past year and 15% since SA’s Quant Team recommended the stock as a ‘Strong Buy’ 2.5 months ago.
- Despite explosive price performance and delivering strong profitable growth in Q124, Celestica is trading at a mere 0.57x revenue, 13x forward earnings, with EV/EBITDA of 8.3x.
- Celestica has high consensus targets with EPS projected to grow +37% YoY and revenue +15%.
- Based on excellent momentum, a solid track record of profitable growth, strong earnings potential, and attractive valuation metrics, the SA Quant Team reiterates Celestica’s ‘Strong Buy’ rating.
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For further details see:
Celestica: Explosive Momentum And Growth At An Attractive Price (SA Quant)