Celestica (NYSE:CLS) Stock Price Up 1.1% – Should You Buy?

Celestica, Inc. (NYSE:CLS) (TSE:CLS) rose 1.1% during trading on Monday . The stock traded as high as $378.38 and last traded at $376.4820. Approximately 1,837,675 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 2,414,259 shares. The stock had previously closed at $372.55.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Bank of America upped their price objective on shares of Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Monday, April 20th. TD raised their target price on Celestica from $330.00 to $350.00 and gave the stock a “hold” rating in a research note on Monday, April 20th. Royal Bank Of Canada boosted their price target on Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Zacks Research lowered Celestica from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Weiss Ratings upgraded Celestica from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Celestica has an average rating of “Moderate Buy” and a consensus target price of $427.42.

Celestica Stock Up 1.1%

The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 0.36. The company’s fifty day moving average price is $383.45 and its 200-day moving average price is $326.48. The stock has a market capitalization of $43.28 billion, a PE ratio of 45.52, a price-to-earnings-growth ratio of 0.87 and a beta of 2.02.

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

Insider Buying and Selling at Celestica

In other news, CEO Robert Mionis sold 18,176 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $385.17, for a total value of $7,000,849.92. Following the completion of the sale, the chief executive officer directly owned 60,384 shares in the company, valued at $23,258,105.28. This represents a 23.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Mandeep Chawla sold 17,000 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $399.65, for a total value of $6,794,050.00. Following the completion of the sale, the chief financial officer owned 82,444 shares of the company’s stock, valued at approximately $32,948,744.60. The trade was a 17.10% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 161,168 shares of company stock valued at $63,190,485. Insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Celestica

Hedge funds and other institutional investors have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Celestica in the 4th quarter worth $28,000. Ascentis Independent Advisors bought a new stake in shares of Celestica in the 1st quarter worth about $29,000. Swiss RE Ltd. purchased a new stake in shares of Celestica during the 4th quarter valued at about $29,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Celestica during the 4th quarter valued at about $30,000. Finally, Sittner & Nelson LLC bought a new position in shares of Celestica in the 4th quarter valued at about $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.