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

Celestica, Inc. (NYSE:CLS) (TSE:CLS) has been assigned an average rating of “Moderate Buy” from the twenty-two research firms that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation, eighteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $427.4211.

A number of equities analysts recently commented on CLS shares. JPMorgan Chase & Co. boosted their target price on shares of Celestica from $410.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Barclays boosted their target price on shares of Celestica from $391.00 to $441.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Rothschild & Co Redburn started coverage on shares of Celestica in a research note on Friday, May 1st. They set a “buy” rating and a $460.00 target price for the company. The Goldman Sachs Group reiterated a “buy” rating and set a $475.00 target price on shares of Celestica in a research note on Tuesday, April 28th. Finally, Wolfe Research upgraded shares of Celestica to a “strong-buy” rating in a research note on Tuesday, February 17th.

Insider Activity at Celestica

In related news, Director Michael Max Wilson sold 4,168 shares of the business’s stock in a transaction 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 in the company, valued at approximately $8,238,756.58. The trade was a 14.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Celestica

Institutional investors and hedge funds have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Celestica in the fourth quarter valued at $28,000. Swiss RE Ltd. purchased a new stake in Celestica in the fourth quarter valued at $29,000. Cullen Frost Bankers Inc. purchased a new stake in Celestica in the fourth quarter valued at $30,000. Sittner & Nelson LLC purchased a new stake in Celestica in the fourth quarter valued at $31,000. Finally, Ascentis Independent Advisors purchased a new stake in Celestica in the first quarter valued at $29,000. 67.38% of the stock is owned by hedge funds and other institutional investors.

Celestica Stock Performance

Shares of CLS stock opened at $471.63 on Wednesday. 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 moving average price of $353.50 and a 200 day moving average price of $318.46. The company has a market cap of $54.22 billion, a P/E ratio of 57.03, a PEG ratio of 0.99 and a beta of 2.02. Celestica has a 12 month low of $116.95 and a 12 month high of $474.03.

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