Celestica (NYSE:CLS) CEO Robert Mionis Sells 23,396 Shares of Stock

Celestica, Inc. (NYSE:CLS) (TSE:CLS) CEO Robert Mionis sold 23,396 shares of the business’s stock in a transaction that occurred on Wednesday, September 23rd. The stock was sold at an average price of $364.22, for a total transaction of $8,521,291.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Thursday, August 13th, Robert Mionis sold 23,496 shares of Celestica stock. The stock was sold at an average price of $362.39, for a total transaction of $8,514,715.44.
• On Tuesday, August 4th, Robert Mionis sold 98,453 shares of Celestica stock. The shares were sold at an average price of $368.99, for a total transaction of $36,328,172.47.
• On Wednesday, August 5th, Robert Mionis sold 51,061 shares of Celestica stock. The shares were sold at an average price of $368.41, for a total transaction of $18,811,383.01.
• On Friday, July 31st, Robert Mionis sold 9,543 shares of Celestica stock. The shares were sold at an average price of $367.49, for a total value of $3,506,957.07.

Celestica Stock Performance

CLS opened at $373.26 on Friday. The company has a market cap of $42.92 billion, a PE ratio of 38.80 and a beta of 2.04. The stock has a 50-day moving average of $324.72 and a 200-day moving average of $341.70. Celestica, Inc. has a 52-week low of $227.00 and a 52-week high of $474.02. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23.

Celestica (NYSE:CLS) (TSE:CLS) last issued its quarterly earnings data on Monday, July 27th. The technology company reported $2.54 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.25. The business had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.30 billion. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The firm’s revenue was up 62.4% compared to the same quarter last year. During the same period last year, the business earned $1.39 EPS. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. As a group, equities research analysts forecast that Celestica, Inc. will post 10.71 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CLS. Barclays lowered their target price on shares of Celestica from $430.00 to $406.00 and set an “overweight” rating on the stock in a research note on Friday, August 7th. Stifel Nicolaus set a $500.00 price objective on Celestica in a research note on Tuesday, July 28th. Wall Street Zen downgraded Celestica from a “buy” rating to a “hold” rating in a research note on Sunday, September 6th. Weiss Ratings lowered Celestica from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. Finally, TD set a $430.00 price target on Celestica and gave the stock a “buy” rating in a report on Wednesday, September 16th. One analyst has rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $447.19.

Hedge Funds Weigh In On Celestica

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Washington Trust Advisors Inc. acquired a new stake in shares of Celestica during the 2nd quarter worth approximately $28,000. Sittner & Nelson LLC bought a new stake in Celestica in the fourth quarter valued at about $31,000. Ascentis Independent Advisors acquired a new position in Celestica in the first quarter worth about $29,000. Harbor Investment Advisory LLC bought a new position in Celestica during the second quarter worth about $58,000. Finally, Continuum Advisory LLC acquired a new stake in Celestica during the second quarter valued at approximately $62,000. 67.38% of the stock is currently owned by institutional investors.

Celestica Company Profile

Celestica Inc (NYSE: CLS) is a global provider of design, manufacturing, and supply chain solutions for technology companies and other businesses. The company helps customers develop, manufacture, and support complex electronic products and systems, offering services that span product design and engineering, prototyping, printed circuit board assembly, systems integration, testing, supply chain management, and after-market support.

Celestica serves customers across several markets, including communications and cloud infrastructure, aerospace and defense, industrial technology, health technology, and capital equipment.