FY2026 Earnings Forecast for Celestica Issued By Scotiabank

Celestica, Inc. (NYSE:CLSFree Report) (TSE:CLS) – Investment analysts at Scotiabank issued their FY2026 EPS estimates for Celestica in a research note issued on Wednesday, August 19th. Scotiabank analyst K. Krishnaratne expects that the technology company will post earnings of $10.69 per share for the year. Scotiabank currently has a “Sector Outperform” rating and a $500.00 target price on the stock. The consensus estimate for Celestica’s current full-year earnings is $9.97 per share. Scotiabank also issued estimates for Celestica’s FY2027 earnings at $19.25 EPS.

Celestica (NYSE:CLSGet Free Report) (TSE:CLS) last posted its earnings results on Monday, July 27th. The technology company reported $2.54 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.25. The business had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.30 billion. Celestica had a net margin of 7.16% and a return on equity of 39.96%. The firm’s revenue was up 62.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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.

Other equities analysts also recently issued reports about the company. Stifel Nicolaus set a $500.00 price objective on Celestica in a research report on Tuesday, July 28th. JPMorgan Chase & Co. boosted their price target on shares of Celestica from $445.00 to $485.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Canadian Imperial Bank of Commerce lifted their target price on Celestica from $480.00 to $500.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Royal Bank Of Canada lifted their price objective on Celestica from $440.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Finally, Citigroup boosted their target price on shares of Celestica from $338.00 to $415.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $438.86.

Check Out Our Latest Analysis on Celestica

Celestica Price Performance

NYSE CLS opened at $302.45 on Friday. The stock has a market cap of $34.78 billion, a price-to-earnings ratio of 31.44 and a beta of 2.06. Celestica has a 12 month low of $179.01 and a 12 month high of $474.02. The company’s 50 day moving average is $343.11 and its two-hundred day moving average is $335.43. The company has a current ratio of 1.23, a quick ratio of 0.68 and a debt-to-equity ratio of 0.32.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. NewGen Equity Long Short Fund acquired a new stake in Celestica in the second quarter valued at approximately $14,050,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Celestica by 7,646.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,007 shares of the technology company’s stock worth $157,000 after purchasing an additional 994 shares in the last quarter. First Trust Advisors LP increased its position in shares of Celestica by 30.0% during the second quarter. First Trust Advisors LP now owns 78,061 shares of the technology company’s stock worth $12,197,000 after purchasing an additional 18,025 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of Celestica by 385.8% during the second quarter. NewEdge Advisors LLC now owns 2,803 shares of the technology company’s stock worth $438,000 after purchasing an additional 2,226 shares in the last quarter. Finally, HUB Investment Partners LLC lifted its holdings in shares of Celestica by 11.0% during the 2nd quarter. HUB Investment Partners LLC now owns 3,181 shares of the technology company’s stock valued at $497,000 after purchasing an additional 315 shares during the last quarter. Institutional investors own 67.38% of the company’s stock.

Insiders Place Their Bets

In other Celestica news, CEO Robert Mionis sold 23,496 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $362.39, for a total value of $8,514,715.44. Following the completion of the transaction, the chief executive officer directly owned 23,396 shares in the company, valued at approximately $8,478,476.44. The trade was a 50.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Mandeep Chawla sold 16,117 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $369.32, for a total transaction of $5,952,330.44. Following the sale, the chief financial officer directly owned 65,444 shares of the company’s stock, valued at approximately $24,169,778.08. The trade was a 19.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 356,553 shares of company stock valued at $135,238,444 over the last 90 days. 1.10% of the stock is currently owned by company insiders.

Celestica Company Profile

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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.

Further Reading

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