Celestica (NYSE:CLS) Trading Up 1.6% – Here’s Why

Shares of Celestica, Inc. (NYSE:CLS) (TSE:CLS) were up 1.6% during mid-day trading on Monday . The company traded as high as $391.40 and last traded at $381.5980. Approximately 1,965,352 shares changed hands during trading, a decline of 22% from the average daily volume of 2,508,031 shares. The stock had previously closed at $375.55.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. TD boosted their price target on shares of Celestica from $330.00 to $350.00 and gave the company a “hold” rating in a report on Monday, April 20th. Stifel Nicolaus set a $445.00 price target on shares of Celestica in a report on Tuesday, April 28th. BMO Capital Markets boosted their price target on shares of Celestica from $370.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $480.00 price target on shares of Celestica in a report on Wednesday, April 29th. Finally, Canaccord Genuity Group boosted their price target on shares of Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $427.42.

Celestica Trading Up 1.6%

The company’s fifty day moving average price is $320.48 and its two-hundred day moving average price is $312.59. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 0.36. The firm has a market cap of $43.87 billion, a P/E ratio of 46.14, a price-to-earnings-growth ratio of 0.87 and a beta of 2.09.

Celestica (NYSE:CLS) (TSE:CLS) last posted its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.08. The business had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The firm’s quarterly revenue was up 52.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.20 EPS. 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, sell-side analysts predict that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Celestica during the 4th quarter worth about $28,000. Swiss RE Ltd. acquired a new position in Celestica during the 4th quarter valued at about $29,000. Cullen Frost Bankers Inc. acquired a new position in Celestica during the 4th quarter valued at about $30,000. Sittner & Nelson LLC acquired a new position in Celestica during the 4th quarter valued at about $31,000. Finally, Ascentis Independent Advisors acquired a new position in Celestica during the 1st quarter valued at about $29,000. Institutional investors and hedge funds 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.