Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS) President Jason Phillips sold 20,000 shares of the stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $300.01, for a total transaction of $6,000,200.00. Following the transaction, the president owned 112,584 shares in the company, valued at $33,776,325.84. The trade was a 15.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Jason Phillips also recently made the following trade(s):
- On Friday, February 6th, Jason Phillips sold 100,000 shares of Celestica stock. The shares were sold at an average price of $308.92, for a total transaction of $30,892,000.00.
Celestica Stock Performance
Celestica stock opened at $307.36 on Monday. The firm has a fifty day simple moving average of $307.14 and a two-hundred day simple moving average of $272.64. The company has a quick ratio of 0.88, a current ratio of 1.47 and a debt-to-equity ratio of 0.37. Celestica, Inc. has a twelve month low of $58.05 and a twelve month high of $363.40. The company has a market capitalization of $35.36 billion, a PE ratio of 42.81 and a beta of 1.86.
Institutional Inflows and Outflows
Analyst Ratings Changes
Several brokerages have weighed in on CLS. Royal Bank Of Canada reiterated an “outperform” rating and issued a $400.00 price objective on shares of Celestica in a research report on Thursday, January 22nd. Bank of America assumed coverage on shares of Celestica in a report on Wednesday, January 28th. They set a “buy” rating and a $400.00 price target for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Celestica in a research report on Wednesday, January 21st. Citigroup decreased their price objective on shares of Celestica from $375.00 to $338.00 and set a “buy” rating on the stock in a research report on Friday, January 30th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Celestica in a research note on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $356.59.
Get Our Latest Stock Analysis on Celestica
Celestica News Summary
Here are the key news stories impacting Celestica this week:
- Positive Sentiment: Zacks upgraded CLS to a Strong Buy (Zacks #1), signaling improved near-term earnings optimism that can attract momentum and retail flows. Celestica (CLS) Upgraded to Strong Buy: Here’s Why
- Positive Sentiment: Zacks also put CLS on its momentum list of stocks to buy, which can amplify short‑term inflows from momentum-focused funds and traders. Best Momentum Stocks to Buy for February 6th
- Positive Sentiment: Sector/market narrative: coverage highlights Celestica as a beneficiary of Google’s huge 2026 capex plan, suggesting sustained demand for cloud and infrastructure electronics (a tailwind for CLS’s contract manufacturing). Why Celestica is a Massive Winner from Google’s CapEx Bonanza
- Positive Sentiment: Analyst/coverage support: TD Securities projects >10% upside, reinforcing bullish analyst sentiment that can support further price gains. Celestica Inc. (CLS:CA) TD Securities Forecasts Over 10% Upside
- Positive Sentiment: Fundamental bullishness: recent commentary (Seeking Alpha, Zacks) highlights strong growth in the HPS segment (now a material portion of revenue) and attractive longer‑term growth/valuation metrics — supporting a growth case beyond near‑term momentum. Celestica: A Hidden Gem For Aggressive Growth Portfolios
- Neutral Sentiment: Valuation discussion: coverage assessing valuation after recent volatility — useful for longer‑term investors to weigh the rally versus historical multiples and risk. Assessing Celestica (TSX:CLS) Valuation After Recent Share Price Weakness
- Negative Sentiment: Significant insider selling: multiple filings show large sales by executives — notably President Jason Phillips sold 120,000 shares across Feb 5–6 (including a 100,000‑share sale at ~\$308.92), and other insider disposals were also reported. Heavy insider selling can concern investors about insider conviction despite positive headlines. SEC Insider Filing(s)
- Negative Sentiment: Media flagged the insider transactions in roundup stories, which can create short‑term selling pressure or cause some investors to reassess timing despite bullish analyst and sector narratives. Insider Selling: Celestica (NYSE:CLS) President Sells $25,722,175.80 in Stock
About Celestica
Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.
The company’s service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.
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