Celestica, Inc. (NYSE:CLS) Stock Has Average Price Target of $447.19

Celestica, Inc. (NYSE:CLS – Get Free Report) (TSE:CLS) has received an average recommendation of “Moderate Buy” from the twenty-four analysts that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and twenty-three have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $450.50.

Several research analysts have recently commented on CLS shares. TD set a $430.00 target price on Celestica and gave the stock a “buy” rating in a report on Wednesday, September 16th. Barclays dropped their price target on Celestica from $430.00 to $406.00 and set an “overweight” rating for the company in a report on Friday, August 7th. Weiss Ratings downgraded Celestica from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. Zacks Research lowered Celestica from a “strong-buy” rating to a “hold” rating in a research note on Monday. Finally, UBS Group upgraded Celestica from a “neutral” rating to a “buy” rating and increased their target price for the stock from $410.00 to $430.00 in a report on Monday, August 24th.

Read Our Latest Research Report on CLS

Celestica Price Performance

Shares of CLS stock opened at $373.56 on Tuesday. Celestica has a 12 month low of $230.24 and a 12 month high of $474.02. The company has a market capitalization of $42.95 billion, a P/E ratio of 38.83 and a beta of 2.01. The stock has a 50 day moving average of $328.81 and a two-hundred day moving average of $345.17. The company has a current ratio of 1.23, a quick ratio of 0.68 and a debt-to-equity ratio of 0.32.

Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last announced its quarterly earnings results on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.25. Celestica had a net margin of 7.16% and a return on equity of 39.96%. The firm had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.30 billion. During the same quarter in the previous year, the firm posted $1.39 EPS. The business’s revenue for the quarter was up 62.4% on a year-over-year basis. 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 analysts expect that Celestica will post 10.71 EPS for the current year.

Insiders Place Their Bets

In other Celestica news, CFO Mandeep Chawla sold 16,117 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $369.32, for a total value of $5,952,330.44. Following the completion of the transaction, 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. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Robert Mionis sold 23,396 shares of the company’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 SEC filing for this sale provides additional information. Insiders have sold a total of 243,067 shares of company stock valued at $89,200,967 in the last 90 days. 1.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Washington Trust Advisors Inc. bought a new position in Celestica in the 2nd quarter valued at $28,000. Ascentis Independent Advisors bought a new stake in shares of Celestica during the first quarter worth $29,000. Sittner & Nelson LLC bought a new stake in shares of Celestica during the fourth quarter worth $31,000. Harbor Investment Advisory LLC acquired a new position in shares of Celestica during the second quarter valued at $58,000. Finally, Hilton Head Capital Partners LLC acquired a new position in shares of Celestica during the fourth quarter valued at $59,000. Institutional investors own 67.38% of the company’s stock.

Celestica Company Profile

(Get Free Report)

Celestica Inc (NYSE: CLS) is a global provider of design, manufacturing, and supply-chain services for original equipment manufacturers and other technology companies. The company helps customers develop, produce, deploy, and support complex hardware and electronic systems, serving industries such as communications, enterprise technology, aerospace and defense, industrial technology, health care, and semiconductor equipment.

Its services include product design and engineering, printed circuit board and systems assembly, manufacturing, testing, logistics, aftermarket support, and supply-chain management.

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Analyst Recommendations for Celestica (NYSE:CLS)

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