Celestica (NYSE:CLS) Posts Earnings Results, Beats Expectations By $0.37 EPS

Celestica (NYSE:CLS) (TSE:CLS) issued its quarterly earnings results on Monday. The technology company reported $3.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.93 by $0.37, reports. Celestica had a return on equity of 39.96% and a net margin of 7.16%. The business had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.39 billion.

Celestica Stock Down 5.0%

NYSE:CLS opened at $247.03 on Tuesday. Celestica has a 12-month low of $244.51 and a 12-month high of $474.02. The company has a quick ratio of 0.68, a current ratio of 1.23 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $28.40 billion, a P/E ratio of 25.68 and a beta of 2.01. The stock’s fifty day simple moving average is $327.22 and its 200-day simple moving average is $331.72.

More Celestica News

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Celestica reported third-quarter adjusted EPS of $3.30, exceeding the $2.93 consensus estimate, while revenue reached $5.74 billion versus expectations of $5.39 billion. The results represented earnings and revenue surprises of approximately 9.3% and 6.0%, respectively. Celestica Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Management raised its full-year earnings and revenue outlook after Q3 results came in above the high end of its guidance ranges. The company also projected accelerating revenue growth and expanding non-GAAP adjusted operating margins in 2027. Celestica Stock Pops on Strong Q3 Earnings and Raised Guidance
• Positive Sentiment: Investor enthusiasm is being driven by strong demand for AI infrastructure and data-center equipment. Reports highlighted an AI-related “supercycle,” stronger customer demand extending into 2028, and a reported outlook approaching $40 billion in 2027 sales. Celestica AI Infrastructure Demand and 2027 Sales Outlook
• Neutral Sentiment: Celestica became one of the market’s closely watched movers following the earnings release, with coverage emphasizing both the AI growth opportunity and the unusually strong earnings reaction. Biggest Stock Movers Tuesday
• Negative Sentiment: Despite the strong fundamentals, the shares have decreased from their earlier post-earnings levels and are trading near the one-year low. The supplied reports identify no new operational setback, so the weakness may reflect profit-taking, valuation concerns, or high expectations already embedded in the stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. RBC Dominion Securities set a $450.00 price objective on Celestica and gave the stock an “outperform” rating in a research report on Friday. Stifel Nicolaus set a $500.00 target price on shares of Celestica in a research report on Tuesday, July 28th. Barclays cut their target price on shares of Celestica from $430.00 to $406.00 and set an “overweight” rating on the stock in a research report on Friday, August 7th. Wall Street Zen lowered shares of Celestica from a “buy” rating to a “hold” rating in a research note on Sunday, September 6th. Finally, BWS Financial reiterated a “buy” rating on shares of Celestica in a research report on Tuesday, July 28th. Twenty-four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $448.30.

Insider Buying and Selling

In other Celestica news, CEO Robert Mionis sold 23,396 shares of the stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $364.22, for a total value of $8,521,291.12. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President Todd C. Cooper sold 20,118 shares of the firm’s stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $360.00, for a total value of $7,242,480.00. Following the transaction, the president owned 73,252 shares in the company, valued at approximately $26,370,720. This trade represents a 21.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 243,067 shares of company stock valued at $89,200,967 over the last three months. Company insiders own 1.10% of the company’s stock.

Celestica Company Profile

Celestica Inc is a global provider of design, manufacturing, and supply chain solutions for original equipment manufacturers and other technology companies. The company helps customers develop, produce, and support complex hardware and integrated systems across their product life cycles.

Its services include product design and engineering, electronics and mechanical manufacturing, systems integration, testing, supply chain management, logistics, and after-market support. Celestica serves markets such as communications, enterprise and cloud computing, aerospace and defense, industrial technology, health technology, and capital equipment.

Headquartered in Toronto, Canada, Celestica operates a global network of manufacturing, engineering, and supply chain facilities serving customers in North America, Europe, and Asia.