Celestica, Inc. (NYSE:CLS) Given Consensus Recommendation of “Buy” by Analysts

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

CLS has been the subject of several research analyst reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $475.00 price objective on shares of Celestica in a research note on Tuesday, April 28th. UBS Group raised their price target on shares of Celestica from $355.00 to $400.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Bank of America raised their target price on Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Stifel Nicolaus set a $445.00 target price on Celestica in a research report on Tuesday, April 28th. Finally, Weiss Ratings raised Celestica from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th.

Insider Buying and Selling at Celestica

In other news, CFO Mandeep Chawla sold 17,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the completion of the sale, the chief financial officer owned 82,444 shares in the company, valued at $32,948,744.60. The trade was a 17.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Robert Mionis sold 18,176 shares of the company’s 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 transaction, the chief executive officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 161,168 shares of company stock valued at $63,190,485. Company insiders own 1.10% of the company’s stock.

Institutional Trading of Celestica

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bay Rivers Group raised its holdings in Celestica by 0.3% during the second quarter. Bay Rivers Group now owns 14,922 shares of the technology company’s stock worth $5,444,000 after buying an additional 47 shares during the last quarter. Arista Wealth Management LLC grew its holdings in shares of Celestica by 31.1% during the second quarter. Arista Wealth Management LLC now owns 4,714 shares of the technology company’s stock valued at $1,720,000 after buying an additional 1,117 shares during the last quarter. Tactive Advisors LLC acquired a new position in shares of Celestica during the second quarter valued at about $509,000. Hennion & Walsh Asset Management Inc. increased its position in shares of Celestica by 47.5% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 3,874 shares of the technology company’s stock worth $1,413,000 after acquiring an additional 1,248 shares in the last quarter. Finally, Sunburst Financial Group LLC increased its position in shares of Celestica by 13.7% during the second quarter. Sunburst Financial Group LLC now owns 830 shares of the technology company’s stock worth $303,000 after acquiring an additional 100 shares in the last quarter. Institutional investors own 67.38% of the company’s stock.

Celestica Trading Down 3.0%

Shares of CLS stock opened at $334.62 on Thursday. The company has a market cap of $38.47 billion, a P/E ratio of 40.46, a PEG ratio of 0.80 and a beta of 2.05. The stock has a 50 day simple moving average of $370.09 and a two-hundred day simple moving average of $331.55. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26. Celestica has a fifty-two week low of $153.11 and a fifty-two week high of $474.02.

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

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.