Celestica Inc. (CLS) At $10.27 Forms Bottom; Diamond Offshore Drilling, Inc. (DO) Had 6 Analysts Last Week

Celestica Inc. (NYSE:CLS) Logo

Celestica Inc. (CLS) formed multiple bottom with $9.45 target or 8.00% below today’s $10.27 share price. Celestica Inc. (CLS) has $1.42B valuation. The stock decreased 0.29% or $0.03 during the last trading session, reaching $10.27. About 513,365 shares traded. Celestica Inc. (NYSE:CLS) has declined 26.94% since April 15, 2017 and is downtrending. It has underperformed by 38.49% the S&P500.

Among 35 analysts covering Diamond Offshore Drilling Inc. (NYSE:DO), 6 have Buy rating, 12 Sell and 17 Hold. Therefore 17% are positive. Diamond Offshore Drilling Inc. had 89 analyst reports since August 5, 2015 according to SRatingsIntel. Barclays Capital maintained Diamond Offshore Drilling, Inc. (NYSE:DO) rating on Monday, March 28. Barclays Capital has “Underweight” rating and $13 target. The firm earned “Sell” rating on Monday, October 9 by Bank of America. Piper Jaffray maintained Diamond Offshore Drilling, Inc. (NYSE:DO) rating on Monday, February 12. Piper Jaffray has “Sell” rating and $9.35 target. The rating was maintained by Citigroup with “Neutral” on Thursday, August 25. The rating was maintained by Howard Weil on Tuesday, August 4 with “Sector Perform”. Citigroup initiated the shares of DO in report on Tuesday, October 20 with “Sell” rating. On Wednesday, August 5 the stock rating was maintained by Cowen & Co with “Market Perform”. The stock of Diamond Offshore Drilling, Inc. (NYSE:DO) earned “Hold” rating by RBC Capital Markets on Thursday, December 21. The stock of Diamond Offshore Drilling, Inc. (NYSE:DO) has “Neutral” rating given on Wednesday, March 16 by Citigroup. Susquehanna maintained the stock with “Hold” rating in Friday, January 12 report. See Diamond Offshore Drilling, Inc. (NYSE:DO) latest ratings:

15/03/2018 Broker: Cowen & Co Rating: Hold New Target: $13.0 Maintain
15/02/2018 Broker: Jefferies Rating: Sell New Target: $12.0 Maintain
13/02/2018 Broker: Susquehanna Rating: Hold New Target: $15.0 Maintain
12/02/2018 Broker: Piper Jaffray Rating: Sell New Target: $9.35 Maintain
12/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $17.0 Maintain
13/02/2018 Broker: FBR Capital Rating: Hold New Target: $13.0
13/02/2018 Broker: Citigroup Old Rating: Sell New Rating: Sell Old Target: $13 New Target: $12 Maintain
09/02/2018 Broker: Raymond James Old Rating: Market Perform New Rating: Underperform Downgrade
07/02/2018 Broker: Jefferies Rating: Sell New Target: $14.0 Maintain
23/01/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Underweight Downgrade

Analysts await Celestica Inc. (NYSE:CLS) to report earnings on April, 19. They expect $0.16 earnings per share, down 33.33% or $0.08 from last year’s $0.24 per share. CLS’s profit will be $22.14 million for 16.05 P/E if the $0.16 EPS becomes a reality. After $0.10 actual earnings per share reported by Celestica Inc. for the previous quarter, Wall Street now forecasts 60.00% EPS growth.

Among 12 analysts covering Celestica (NYSE:CLS), 3 have Buy rating, 0 Sell and 9 Hold. Therefore 25% are positive. Celestica has $15.5000 highest and $0.75 lowest target. $12.80’s average target is 24.63% above currents $10.27 stock price. Celestica had 36 analyst reports since October 21, 2015 according to SRatingsIntel. Scotia Capital maintained Celestica Inc. (NYSE:CLS) on Thursday, January 25 with “Hold” rating. On Friday, January 29 the stock rating was upgraded by Howard Weil to “Sector Outperform”. The rating was upgraded by Canaccord Genuity to “Buy” on Friday, July 22. The stock of Celestica Inc. (NYSE:CLS) earned “Neutral” rating by Macquarie Research on Friday, July 29. Stifel Nicolaus maintained Celestica Inc. (NYSE:CLS) on Friday, January 27 with “Hold” rating. The rating was maintained by RBC Capital Markets on Monday, January 18 with “Sector Perform”. The stock of Celestica Inc. (NYSE:CLS) earned “Hold” rating by RBC Capital Markets on Monday, May 29. The firm has “Hold” rating given on Thursday, October 19 by TD Securities. The stock has “Sector Perform” rating by RBC Capital Markets on Friday, October 30. As per Wednesday, August 16, the company rating was maintained by Stifel Nicolaus.

Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company has market cap of $2.54 billion. It provides services in floater market, including ultra-deepwater, deepwater, and mid-water. It has a 142.46 P/E ratio. The firm operates a fleet of 24 offshore drilling rigs, which comprise 4 drillships, 8 ultra-deepwater, 6 deepwater, 5 mid-water semisubmersibles, and 1 jack-up rig.

Diamond Offshore Drilling, Inc. (NYSE:DO) Institutional Positions Chart