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

Celestica, Inc. (NYSE:CLS) (TSE:CLS) has earned an average recommendation of “Moderate Buy” from the twenty-four ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and twenty-three have given a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $450.50.

A number of equities research analysts have weighed in on the company. TD set a $430.00 target price on Celestica and gave the company a “buy” rating in a research report on Wednesday, September 16th. JPMorgan Chase & Co. raised their price target on Celestica from $445.00 to $485.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Bank of America restated a “buy” rating on shares of Celestica in a report on Wednesday, July 29th. Scotiabank began coverage on shares of Celestica in a research note on Tuesday, August 11th. They issued a “sector outperform” rating and a $500.00 price objective for the company. Finally, Stifel Nicolaus set a $500.00 target price on shares of Celestica in a report on Tuesday, July 28th.

Insider Activity

In related news, President Todd C. Cooper sold 20,118 shares of Celestica stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of $360.00, for a total transaction of $7,242,480.00. Following the transaction, the president directly owned 73,252 shares of the company’s stock, valued at $26,370,720. This trade represents a 21.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Robert Mionis sold 23,396 shares of the business’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. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 243,067 shares of company stock worth $89,200,967. 1.10% of the stock is currently owned by corporate insiders.

Institutional Trading of Celestica

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cibc World Market Inc. purchased a new position in shares of Celestica in the 2nd quarter worth approximately $757,811,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Celestica during the 2nd quarter worth approximately $674,199,000. Norges Bank purchased a new stake in Celestica during the fourth quarter valued at approximately $456,511,000. Bank of America Corp DE purchased a new stake in Celestica during the second quarter valued at approximately $444,899,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in Celestica in the second quarter valued at approximately $351,717,000. Institutional investors own 67.38% of the company’s stock.

Celestica Stock Performance

Shares of NYSE:CLS opened at $386.97 on Tuesday. The firm has a market cap of $44.49 billion, a PE ratio of 40.23 and a beta of 2.01. The firm’s 50 day simple moving average is $330.45 and its 200-day simple moving average is $345.47. Celestica has a one year low of $230.24 and a one year high of $474.02. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.68 and a current ratio of 1.23.

Celestica (NYSE:CLS) (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 analysts’ consensus estimates of $2.29 by $0.25. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The firm had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.30 billion. During the same quarter in the previous year, the business earned $1.39 earnings per share. Celestica’s quarterly revenue 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 predict that Celestica will post 10.71 EPS for the current year.

Celestica Company Profile

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.