Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 11.300-11.300 for the period, compared to the consensus estimate of 10.130. The company issued revenue guidance of $20.5 billion-$20.5 billion, compared to the consensus revenue estimate of $19.2 billion. Celestica also updated its Q3 2026 guidance to 2.880-3.080 EPS.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on CLS. Barclays increased their price objective on Celestica from $391.00 to $441.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Stifel Nicolaus set a $445.00 price target on Celestica in a report on Tuesday, April 28th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $480.00 price objective on shares of Celestica in a research note on Wednesday, April 29th. Rothschild & Co Redburn assumed coverage on Celestica in a research report on Friday, May 1st. They set a “buy” rating and a $460.00 price objective for the company. Finally, The Goldman Sachs Group restated a “buy” rating and set a $475.00 target price on shares of Celestica in a research note on Tuesday, April 28th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $427.42.
Check Out Our Latest Report on CLS
Celestica Stock Up 5.2%
Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last posted its quarterly earnings results on Monday, July 27th. The technology company reported $2.41 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.12. Celestica had a return on equity of 36.91% and a net margin of 6.95%.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, sell-side analysts expect that Celestica will post 9.57 earnings per share for the current fiscal year.
Insider Transactions at Celestica
In related 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 document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert Mionis sold 18,176 shares of the business’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 sale, the chief executive officer owned 60,384 shares of the company’s stock, valued at approximately $23,258,105.28. The trade was a 23.14% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 161,168 shares of company stock valued at $63,190,485. Corporate insiders own 1.10% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of CLS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Celestica during the 4th quarter worth $28,000. Swiss RE Ltd. acquired a new position in Celestica in the fourth quarter valued at $29,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Celestica by 117.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 137 shares of the technology company’s stock worth $40,000 after purchasing an additional 74 shares during the last quarter. Wilmington Savings Fund Society FSB grew its holdings in shares of Celestica by 1,015.4% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 145 shares of the technology company’s stock worth $43,000 after purchasing an additional 132 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of Celestica by 1,015.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 145 shares of the technology company’s stock worth $43,000 after purchasing an additional 132 shares in the last quarter. 67.38% of the stock is owned by hedge funds and other 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.
Featured Stories
- Five stocks we like better than Celestica
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
Receive News & Ratings for Celestica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celestica and related companies with MarketBeat.com's FREE daily email newsletter.
