Celestica, Inc. (NYSE:CLS) Given Average Rating of “Moderate Buy” by Analysts

Shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-two research firms that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, eighteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $427.4211.

Several brokerages have commented on CLS. UBS Group raised their price objective on shares of Celestica from $355.00 to $400.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Weiss Ratings upgraded shares of Celestica from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Canadian Imperial Bank of Commerce restated an “outperform” rating and issued a $480.00 price objective on shares of Celestica in a report on Wednesday, April 29th. TD raised their price objective on shares of Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a report on Monday, April 20th. Finally, TD Securities upgraded shares of Celestica from a “hold” rating to a “buy” rating and set a $430.00 price objective for the company in a report on Wednesday, April 29th.

Insider Buying and Selling at Celestica

In other Celestica news, Director Michael Max Wilson sold 4,168 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total transaction of $1,389,236.08. Following the completion of the transaction, the director owned 24,718 shares of the company’s stock, valued at approximately $8,238,756.58. This trade represents a 14.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Celestica

Institutional investors and hedge funds have recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Celestica during the fourth quarter valued at approximately $28,000. Swiss RE Ltd. bought a new position in shares of Celestica during the fourth quarter valued at approximately $29,000. Cullen Frost Bankers Inc. bought a new position in shares of Celestica during the fourth quarter valued at approximately $30,000. Sittner & Nelson LLC bought a new position in shares of Celestica during the fourth quarter valued at approximately $31,000. Finally, Ascentis Independent Advisors bought a new position in shares of Celestica during the first quarter valued at approximately $29,000. Institutional investors own 67.38% of the company’s stock.

Celestica Stock Performance

Shares of CLS opened at $371.25 on Wednesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. Celestica has a one year low of $110.54 and a one year high of $435.00. The company has a 50-day simple moving average of $345.30 and a two-hundred day simple moving average of $317.19. The firm has a market capitalization of $42.68 billion, a PE ratio of 44.89, a price-to-earnings-growth ratio of 0.85 and a beta of 2.09.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, topping the consensus estimate of $2.08 by $0.08. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The business had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. During the same period last year, the business posted $1.20 earnings per share. Celestica’s quarterly revenue was up 52.8% compared to the same quarter last year. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. On average, analysts anticipate that Celestica will post 9.5 EPS for the current fiscal year.

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.