Celestica Inc. (TSE:CLS) Senior Officer Sells C$1,741,689.20 in Stock

Celestica Inc. (TSE:CLS) (NYSE:CLS) Senior Officer Mandeep Chawla sold 9,483 shares of the company’s stock in a transaction on Friday, January 31st. The stock was sold at an average price of C$183.66, for a total transaction of C$1,741,689.20.

Mandeep Chawla also recently made the following trade(s):

• On Monday, February 3rd, Mandeep Chawla sold 87,341 shares of Celestica stock. The stock was sold at an average price of C$174.86, for a total transaction of C$15,272,532.16.
• On Monday, December 2nd, Mandeep Chawla sold 9,704 shares of Celestica stock. The stock was sold at an average price of C$119.54, for a total transaction of C$1,160,059.44.

Celestica Price Performance

TSE CLS opened at C$190.70 on Friday. The company has a market cap of C$22.62 billion, a PE ratio of 45.19, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23. Celestica Inc. has a 52 week low of C$48.63 and a 52 week high of C$206.57. The company has a quick ratio of 0.54, a current ratio of 1.47 and a debt-to-equity ratio of 52.78. The firm’s 50-day simple moving average is C$145.06 and its two-hundred day simple moving average is C$103.41.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on CLS. Cibc World Mkts raised shares of Celestica from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. BMO Capital Markets boosted their price target on shares of Celestica from C$72.00 to C$140.00 in a report on Thursday, January 30th. UBS Group raised shares of Celestica to a “hold” rating in a report on Friday, November 22nd. Cormark boosted their price target on shares of Celestica from C$93.00 to C$137.00 in a report on Thursday, January 30th. Finally, Barclays raised shares of Celestica to a “strong-buy” rating in a report on Tuesday, November 5th. Two research analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$96.75.

About Celestica

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.