Analysts Set Celestica, Inc. (NYSE:CLS) Price Target at $174.75

Celestica, Inc. (NYSE:CLS) (TSE:CLS) has received an average recommendation of “Buy” from the fourteen research firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $174.75.

Several brokerages have recently commented on CLS. Royal Bank Of Canada raised their target price on Celestica from $185.00 to $225.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Wall Street Zen cut Celestica from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Barclays lifted their price objective on Celestica from $146.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, July 30th. CICC Research assumed coverage on Celestica in a research report on Tuesday, August 19th. They set an “outperform” rating for the company. Finally, BNP Paribas upgraded Celestica to a “strong-buy” rating in a report on Wednesday, June 11th.

Hedge Funds Weigh In On Celestica

A number of institutional investors have recently made changes to their positions in CLS. Rothschild Investment LLC bought a new position in shares of Celestica in the first quarter worth about $26,000. Golden State Wealth Management LLC increased its stake in Celestica by 102.5% during the second quarter. Golden State Wealth Management LLC now owns 164 shares of the technology company’s stock valued at $26,000 after acquiring an additional 83 shares during the period. ORG Partners LLC bought a new position in Celestica during the first quarter valued at about $29,000. Center for Financial Planning Inc. bought a new position in Celestica during the first quarter valued at about $30,000. Finally, ST Germain D J Co. Inc. bought a new position in Celestica during the second quarter valued at about $37,000. 67.38% of the stock is currently owned by institutional investors.

Celestica Stock Performance

Shares of Celestica stock opened at $257.68 on Friday. The stock has a market cap of $29.64 billion, a PE ratio of 55.78 and a beta of 1.89. The business has a fifty day simple moving average of $206.05 and a 200-day simple moving average of $142.72. The company has a quick ratio of 0.86, a current ratio of 1.44 and a debt-to-equity ratio of 0.48. Celestica has a 12 month low of $48.96 and a 12 month high of $261.83.

Celestica (NYSE:CLS) (TSE:CLS) last issued its earnings results on Monday, July 28th. The technology company reported $1.39 EPS for the quarter, topping the consensus estimate of $1.23 by $0.16. The business had revenue of $2.89 billion during the quarter, compared to analysts’ expectations of $2.65 billion. Celestica had a return on equity of 28.23% and a net margin of 5.11%.Celestica’s revenue was up 21.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.91 earnings per share. Celestica has set its Q3 2025 guidance at 1.370-1.530 EPS. FY 2025 guidance at 5.500-5.500 EPS. On average, sell-side analysts anticipate that Celestica will post 4.35 EPS for the current fiscal year.

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.