Celestica (NYSE:CLS) Stock Price Up 10.8% – Still a Buy?

Celestica, Inc. (NYSE:CLS) (TSE:CLS) shares traded up 10.8% during mid-day trading on Monday . The company traded as high as $427.96 and last traded at $427.06. 3,332,428 shares traded hands during mid-day trading, an increase of 36% from the average session volume of 2,454,233 shares. The stock had previously closed at $385.39.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. UBS Group boosted their target price on shares of Celestica from $355.00 to $400.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Royal Bank Of Canada raised their price objective on shares of Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. TD Cowen upgraded shares of Celestica from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $350.00 to $430.00 in a report on Wednesday, April 29th. JPMorgan Chase & Co. upped their price objective on Celestica from $410.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $480.00 target price on shares of Celestica in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $427.42.

Celestica Stock Up 10.8%

The company’s 50-day moving average price is $350.64 and its 200 day moving average price is $317.79. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26. The stock has a market cap of $49.10 billion, a PE ratio of 51.64, a price-to-earnings-growth ratio of 0.90 and a beta of 2.02.

Celestica (NYSE:CLS) (TSE:CLS) last announced its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.08 by $0.08. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. During the same period in the previous year, the business posted $1.20 earnings per share. The firm’s quarterly revenue was up 52.8% compared to the same quarter last year. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. As a group, analysts forecast that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Insider Activity at Celestica

In other news, Director Michael Max Wilson sold 4,168 shares of the company’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total value of $1,389,236.08. Following the completion of the sale, the director directly owned 24,718 shares in the company, valued at $8,238,756.58. This represents a 14.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Celestica during the 4th quarter valued at approximately $28,000. Ascentis Independent Advisors bought a new stake in Celestica during the 1st quarter worth approximately $29,000. Swiss RE Ltd. purchased a new position in Celestica during the fourth quarter valued at approximately $29,000. Cullen Frost Bankers Inc. purchased a new position in Celestica during the fourth quarter valued at approximately $30,000. Finally, Sittner & Nelson LLC bought a new position in shares of Celestica in the fourth quarter worth approximately $31,000. Institutional investors own 67.38% of the company’s stock.

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.