Robert Mionis Sells 18,176 Shares of Celestica (NYSE:CLS) Stock

Celestica, Inc. (NYSE:CLS) (TSE:CLS) CEO Robert Mionis sold 18,176 shares of the stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $385.17, for a total value of $7,000,849.92. Following the sale, the chief executive officer owned 60,384 shares in the company, valued at $23,258,105.28. The trade was a 23.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Robert Mionis also recently made the following trade(s):

• On Monday, June 15th, Robert Mionis sold 66,056 shares of Celestica stock. The stock was sold at an average price of $400.06, for a total value of $26,426,363.36.
• On Tuesday, June 16th, Robert Mionis sold 55,768 shares of Celestica stock. The stock was sold at an average price of $386.96, for a total value of $21,579,985.28.

Celestica Price Performance

Shares of CLS opened at $372.96 on Friday. Celestica, Inc. has a 12 month low of $130.68 and a 12 month high of $474.02. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.26 and a quick ratio of 0.73. The stock has a fifty day moving average price of $382.39 and a 200 day moving average price of $326.09. The company has a market cap of $42.88 billion, a P/E ratio of 45.10, a PEG ratio of 0.88 and a beta of 2.02.

Celestica (NYSE:CLS) (TSE:CLS) last posted its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.08. The company had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The firm’s quarterly revenue was up 52.8% compared to the same quarter last year. During the same period last year, the business posted $1.20 earnings per share. 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, research analysts forecast that Celestica, Inc. will post 9.5 earnings per share for the current year.

Institutional Investors Weigh In On Celestica

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Celestica in the fourth quarter worth about $28,000. Ascentis Independent Advisors bought a new position in Celestica in the 1st quarter valued at about $29,000. Swiss RE Ltd. acquired a new position in Celestica during the 4th quarter valued at about $29,000. Cullen Frost Bankers Inc. acquired a new position in Celestica during the 4th quarter valued at about $30,000. Finally, Sittner & Nelson LLC acquired a new position in Celestica during the 4th quarter valued at about $31,000. 67.38% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on CLS. BMO Capital Markets lifted their price objective on shares of Celestica from $370.00 to $450.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. TD upped their target price on shares of Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a research report on Monday, April 20th. TD Securities upgraded shares of Celestica from a “hold” rating to a “buy” rating and set a $430.00 target price for the company in a research report on Wednesday, April 29th. Barclays raised their price target on shares of Celestica from $391.00 to $441.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and set a $480.00 price target on shares of Celestica in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $427.42.

Celestica News Summary

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Zacks highlighted Celestica as a GARP stock with solid growth potential and attractive valuation, which supports the bullish case for CLS. Add These 4 GARP Stocks to Your Portfolio to Receive Handsome Returns
• Positive Sentiment: Another Zacks note said Celestica has been showing up frequently in investor searches, suggesting growing interest and speculative demand for the stock. Celestica, Inc. (CLS) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Independent commentary also pointed to Celestica as a possible beneficiary of rising data-center demand, a broader industry tailwind that may help the company’s long-term outlook. Celestica, Inc. (CLS) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: CFO Mandeep Chawla sold 17,000 shares, which may be viewed as a cautionary signal because it adds to recent insider selling. SEC filing for Mandeep Chawla sale
• Negative Sentiment: CEO Robert Mionis sold multiple blocks of shares over June 15-17, a larger insider-sales cluster that could weigh on sentiment as investors question whether management is taking profits after a strong run. SEC filing for Robert Mionis sale

Celestica Company Profile

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.