Celestica Inc. (NYSE:CLS) traded up 1.8% during mid-day trading on Monday . The company traded as high as $11.08 and last traded at $11.05, with a volume of 190,483 shares changing hands. The stock had previously closed at $10.85.

A number of equities research analysts recently issued reports on the stock. Scotiabank downgraded shares of Celestica from an “outperform” rating to a “sector perform” rating in a report on Friday, April 15th. Macquarie began coverage on shares of Celestica in a research note on Wednesday, May 18th. They set an “outperform” rating for the company. B. Riley reiterated a “neutral” rating and set a $11.00 price objective on shares of Celestica in a research note on Wednesday, April 27th. TheStreet upgraded shares of Celestica from a “hold” rating to a “buy” rating in a research note on Thursday, April 21st. Finally, Canaccord Genuity upgraded shares of Celestica from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a research note on Friday, July 22nd. Seven analysts have rated the stock with a hold rating and four have given a buy rating to the company. Celestica currently has an average rating of “Hold” and a consensus target price of $12.67.

The stock has a market cap of $1.59 billion and a price-to-earnings ratio of 19.55. The company has a 50-day moving average price of $9.98 and a 200-day moving average price of $10.19.

Celestica (NYSE:CLS) last released its quarterly earnings data on Thursday, July 21st. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. During the same quarter in the prior year, the company posted $0.25 EPS. The firm earned $1.49 billion during the quarter, compared to analyst estimates of $1.46 billion. Equities analysts anticipate that Celestica Inc. will post $1.17 EPS for the current year.

A number of institutional investors recently made changes to their positions in CLS. I.G. Investment Management LTD. increased its position in shares of Celestica by 12.3% in the fourth quarter. I.G. Investment Management LTD. now owns 183,700 shares of the company’s stock valued at $2,032,000 after buying an additional 20,100 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Celestica by 9.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 291,338 shares of the company’s stock valued at $3,213,000 after buying an additional 26,334 shares during the period. Matarin Capital Management LLC bought a new position in shares of Celestica during the fourth quarter valued at approximately $3,477,000. Wells Fargo & Company MN increased its position in shares of Celestica by 26.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,075,107 shares of the company’s stock valued at $11,858,000 after buying an additional 222,154 shares during the period. Finally, Donald Smith & CO. Inc. increased its position in shares of Celestica by 66.3% in the fourth quarter. Donald Smith & CO. Inc. now owns 4,835,879 shares of the company’s stock valued at $53,340,000 after buying an additional 1,928,798 shares during the period.

Celestica Inc (Celestica) is a provider of supply chain solutions globally to original equipment manufacturers (OEMs) and service providers in the communications, consumer, diversified, servers and storage end markets. The Company offers a range of services to its customers, including design and development, engineering services, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics and after-market repair and return services.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.