Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS) has earned a consensus recommendation of “Moderate Buy” from the twenty-two analysts that are covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $427.4211.
Several equities analysts have commented on CLS shares. Wolfe Research raised Celestica to a “strong-buy” rating in a report on Tuesday, February 17th. Zacks Research cut Celestica from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Royal Bank Of Canada increased their target price on Celestica from $400.00 to $440.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. TD increased their target price on Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a report on Monday, April 20th. Finally, Bank of America increased their target price on Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a report on Monday, April 20th.
Check Out Our Latest Stock Analysis on CLS
Celestica Price Performance
Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last posted its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.08. The business had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. Celestica had a return on equity of 36.91% and a net margin of 6.95%.The firm’s revenue was up 52.8% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Research analysts anticipate that Celestica will post 9.5 EPS for the current year.
Insider Activity
In other news, Director Michael Max Wilson sold 4,168 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total value of $1,389,236.08. Following the completion of the transaction, the director directly owned 24,718 shares of the company’s stock, valued at approximately $8,238,756.58. This represents a 14.43% decrease in their position. The sale was disclosed in a filing 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
Large investors have recently bought and sold shares of the business. Allianz Asset Management GmbH grew its position in Celestica by 7.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 337,397 shares of the technology company’s stock worth $83,044,000 after acquiring an additional 22,863 shares during the last quarter. Spark Investment Management LLC boosted its position in Celestica by 17.4% in the 3rd quarter. Spark Investment Management LLC now owns 27,000 shares of the technology company’s stock valued at $6,643,000 after buying an additional 4,000 shares during the last quarter. Spire Wealth Management boosted its position in Celestica by 354.3% in the 4th quarter. Spire Wealth Management now owns 5,979 shares of the technology company’s stock valued at $1,767,000 after buying an additional 4,663 shares during the last quarter. William Blair Investment Management LLC bought a new position in Celestica in the 3rd quarter valued at $28,924,000. Finally, Plato Investment Management Ltd boosted its position in Celestica by 154.5% in the 3rd quarter. Plato Investment Management Ltd now owns 15,046 shares of the technology company’s stock valued at $3,676,000 after buying an additional 9,135 shares during the last quarter. 67.38% of the stock is currently owned by 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.
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