Celestica (NYSE:CLS) Issues FY 2025 Earnings Guidance

Celestica (NYSE:CLS) (TSE:CLS) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.750-4.750 for the period, compared to the consensus estimate of 4.480. The company issued revenue guidance of $10.7 billion-$10.7 billion, compared to the consensus revenue estimate of $10.7 billion. Celestica also updated its Q1 2025 guidance to 1.060-1.160 EPS.

Celestica Price Performance

Shares of NYSE CLS opened at $123.57 on Monday. The company has a current ratio of 1.47, a quick ratio of 0.87 and a debt-to-equity ratio of 0.49. The company’s 50-day moving average price is $98.48 and its 200 day moving average price is $72.36. The stock has a market cap of $14.38 billion, a price-to-earnings ratio of 33.04 and a beta of 2.27. Celestica has a 52 week low of $32.80 and a 52 week high of $133.66.

Analysts Set New Price Targets

Several brokerages recently issued reports on CLS. Cibc World Mkts raised Celestica from a “hold” rating to a “strong-buy” rating in a report on Friday. TD Securities increased their target price on shares of Celestica from $70.00 to $107.00 and gave the company a “buy” rating in a research note on Tuesday, January 28th. BMO Capital Markets boosted their price objective on Celestica from $64.00 to $72.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Canaccord Genuity Group lifted their price target on Celestica from $77.00 to $110.00 and gave the company a “buy” rating in a report on Friday, December 20th. Finally, Barclays increased their target price on shares of Celestica from $91.00 to $139.00 and gave the stock an “overweight” rating in a research report on Thursday. Two equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $99.64.

Insider Buying and Selling

In other Celestica news, Director Michael Wilson sold 25,000 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of $98.73, for a total transaction of $2,468,250.00. Following the completion of the sale, the director now owns 1,784 shares of the company’s stock, valued at $176,134.32. This represents a 93.34 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.00% of the stock is currently owned by insiders.

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.