Celestica (TSE:CLS) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Posted by ABMN Staff on Jun 23rd, 2026

Celestica Inc. (TSE:CLS – Get Free Report) (NYSE:CLS) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$531.52 and traded as low as C$509.50. Celestica shares last traded at C$533.43, with a volume of 270,000 shares trading hands.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CLS. Susquehanna raised shares of Celestica to a “strong-buy” rating in a research note on Wednesday, April 1st. TD raised Celestica from a “hold” rating to a “buy” rating and increased their target price for the company from C$350.00 to C$430.00 in a research report on Wednesday, April 29th. Finally, TD Securities upgraded Celestica from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Five investment analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Strong Buy” and an average price target of C$367.50.

Read Our Latest Stock Report on CLS

Celestica Stock Up 1.5%

The firm has a market capitalization of C$61.33 billion, a P/E ratio of 64.66, a PEG ratio of 0.14 and a beta of 1.61. The company has a debt-to-equity ratio of 36.81, a quick ratio of 0.54 and a current ratio of 1.26. The business’s fifty day moving average price is C$531.52 and its two-hundred day moving average price is C$450.58.

Celestica (TSE:CLS – Get Free Report) (NYSE:CLS) last issued its quarterly earnings data on Monday, April 27th. The company reported C$3.00 earnings per share (EPS) for the quarter. The firm had revenue of C$5.63 billion for the quarter. Celestica had a net margin of 6.95% and a return on equity of 47.41%. Equities analysts expect that Celestica Inc. will post 5.028804 earnings per share for the current fiscal year.

About Celestica

(Get Free Report)

Celestica Inc offers supply chain solutions. The firm operates in two segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). ATS segment consists of the ATS end market and is comprised of A&D, Industrial, Energy, HealthTech, and Capital Equipment businesses. Capital Equipment business is comprised of our semiconductor, display, and power & signal distribution equipment businesses. CCS segment that derives majority revenue consists of Communications and Enterprise end markets.