$0.16 EPS Expected for Celestica Inc. (CLS); WEYLAND TECH (WEYL) Sellers Decreased By 75% Their Shorts

June 24, 2018 - By Winifred Garcia

Weyland Tech Inc. (OTCMKTS:WEYL) Logo

Analysts expect Celestica Inc. (NYSE:CLS) to report $0.16 EPS on July, 24.They anticipate $0.08 EPS change or 33.33% from last quarter’s $0.24 EPS. CLS’s profit would be $22.57 million giving it 18.42 P/E if the $0.16 EPS is correct. After having $0.10 EPS previously, Celestica Inc.’s analysts see 60.00% EPS growth. The stock increased 1.46% or $0.17 during the last trading session, reaching $11.79. About 209,685 shares traded. Celestica Inc. (NYSE:CLS) has declined 12.87% since June 24, 2017 and is downtrending. It has underperformed by 25.44% the S&P500. Some Historical CLS News: 17/05/2018 – Celestica Forms Golden Cross: Technicals; 09/04/2018 – Investor Expectations to Drive Momentum within Esperion Therapeutics, Celestica, Sapiens International Corporation N.V, Royal B; 18/04/2018 – Lincoln International represents RFE Investments Partners in the sale of Atrenne Integrated Solutions, Inc. to Celestica, Inc; 27/04/2018 – Celestica Sees 2Q Rev $1.575B-$1.675B; 27/04/2018 – Celestica Announces Election of Directors; 26/03/2018 – Celestica Closes Below 50-Day Moving Average: Technicals; 27/04/2018 – Celestica Sees 2Q Adj EPS 25c-Adj EPS 31c; 27/04/2018 – CELESTICA INC QTRLY ADJUSTED EPS (NON-IFRS) $0.24 PER SHARE; 04/04/2018 – Celestica Completes Acquisition Of Atrenne Integrated Solutions; 27/04/2018 – Celestica: Deepak Chopra Appointed to Board of Directors

WEYLAND TECH INC (OTCMKTS:WEYL) had a decrease of 75% in short interest. WEYL’s SI was 200 shares in June as released by FINRA. Its down 75% from 800 shares previously. The stock decreased 7.79% or $0.11 during the last trading session, reaching $1.29. About 45,119 shares traded or 46.20% up from the average. Weyland Tech Inc. (OTCMKTS:WEYL) has 0.00% since June 24, 2017 and is . It has underperformed by 12.57% the S&P500.

Weyland Tech Inc. provides e-commerce solutions and services that facilitate business-to-consumer and business-to-business transactions to small-medium-sized businesses and resellers. The company has market cap of $38.08 million. It offers CreateApp platform to create a mobile application in Singapore, India, and the United States/Canada; and DIY App builder through a white label platform in European Union, Malaysia, Hong Kong, South China, Indonesia, North America, Korea, Thailand, and The Philippines. It currently has negative earnings. The firm was formerly known as Seratosa, Inc. and changed its name to Weyland Tech Inc. in September 2015.

More news for Celestica Inc. (NYSE:CLS) were recently published by: Prnewswire.com, which released: “The $2.2 Trillion Market Flying Under the Radar” on June 20, 2018. Fool.ca‘s article titled: “It’s Time to Buy This Cheap Tech Stock” and published on June 14, 2018 is yet another important article.

Among 12 analysts covering Celestica (NYSE:CLS), 3 have Buy rating, 0 Sell and 9 Hold. Therefore 25% are positive. Celestica had 36 analyst reports since October 21, 2015 according to SRatingsIntel. The stock of Celestica Inc. (NYSE:CLS) earned “Hold” rating by RBC Capital Markets on Friday, October 27. The stock of Celestica Inc. (NYSE:CLS) has “Hold” rating given on Tuesday, February 2 by TD Securities. The firm has “Hold” rating given on Monday, May 29 by RBC Capital Markets. The firm has “Hold” rating by BMO Capital Markets given on Friday, October 27. On Thursday, October 26 the stock rating was maintained by Canaccord Genuity with “Buy”. The stock of Celestica Inc. (NYSE:CLS) has “Hold” rating given on Friday, November 18 by Standpoint Research. TD Securities maintained the stock with “Hold” rating in Friday, October 27 report. As per Friday, July 14, the company rating was maintained by Stifel Nicolaus. Stifel Nicolaus maintained Celestica Inc. (NYSE:CLS) rating on Wednesday, August 16. Stifel Nicolaus has “Hold” rating and $14.0 target. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, October 30.

Celestica Inc. provides supply chain solutions in Canada and internationally. The company has market cap of $1.66 billion. The firm offers a range of services, including design and development, engineering, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, and after-market repair and return services. It has a 17.84 P/E ratio. The Company’s services and products are used in various applications, such as servers, networking and telecommunications equipment, storage systems, optical equipment, aerospace and defense electronics, healthcare products and applications, semiconductor equipment, and industrial and alternative energy products.

Celestica Inc. (NYSE:CLS) Ratings Chart

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