Celestica, Inc. (NYSE:CLS) Receives Consensus Rating of “Moderate Buy” from Brokerages

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

A number of brokerages have weighed in on CLS. UBS Group boosted their target price on shares of Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. BMO Capital Markets boosted their target price on shares of Celestica from $370.00 to $450.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Citigroup boosted their target price on shares of Celestica from $338.00 to $415.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Stifel Nicolaus set a $445.00 target price on shares of Celestica in a research note on Tuesday, April 28th. Finally, TD boosted their target price on shares of Celestica from $330.00 to $350.00 and gave the company a “hold” rating in a research note on Monday, April 20th.

Celestica Price Performance

Shares of CLS opened at $372.97 on Friday. The firm has a market cap of $42.88 billion, a PE ratio of 45.10, a P/E/G ratio of 0.87 and a beta of 2.02. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36. The firm has a fifty day simple moving average of $383.45 and a two-hundred day simple moving average of $326.42. Celestica has a 1-year low of $130.68 and a 1-year high of $474.02.

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

Insider Transactions at Celestica

In other news, CEO Robert Mionis sold 18,176 shares of the company’s stock in a transaction 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 completion of the sale, the chief executive officer directly owned 60,384 shares in the company, valued at $23,258,105.28. This represents a 23.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Mandeep Chawla sold 17,000 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $399.65, for a total value of $6,794,050.00. Following the completion of the sale, the chief financial officer owned 82,444 shares of the company’s stock, valued at $32,948,744.60. This trade represents a 17.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 161,168 shares of company stock worth $63,190,485 in the last three months. Corporate insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Celestica

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Legacy Wealth Managment LLC ID increased its stake in shares of Celestica by 14.4% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 223 shares of the technology company’s stock worth $63,000 after purchasing an additional 28 shares in the last quarter. Pinney & Scofield Inc. increased its stake in shares of Celestica by 20.0% in the 3rd quarter. Pinney & Scofield Inc. now owns 180 shares of the technology company’s stock worth $44,000 after purchasing an additional 30 shares in the last quarter. Capital Planning LLC increased its stake in shares of Celestica by 3.2% in the 1st quarter. Capital Planning LLC now owns 1,025 shares of the technology company’s stock worth $289,000 after purchasing an additional 32 shares in the last quarter. LeConte Wealth Management LLC increased its stake in shares of Celestica by 3.5% in the 4th quarter. LeConte Wealth Management LLC now owns 1,001 shares of the technology company’s stock worth $296,000 after purchasing an additional 34 shares in the last quarter. Finally, PCB Capital LLC increased its stake in shares of Celestica by 3.5% in the 1st quarter. PCB Capital LLC now owns 995 shares of the technology company’s stock worth $280,000 after purchasing an additional 34 shares in the last quarter. 67.38% of the stock is currently owned by hedge funds and other institutional investors.

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.