Celestica (NYSE:CLS) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Celestica (NYSE:CLS) (TSE:CLS) from a hold rating to a strong-buy rating in a report published on Thursday morning,Zacks.com reports.

Other research analysts also recently issued research reports about the company. Canaccord Genuity Group lifted their price target on Celestica from $400.00 to $430.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. New Street Research set a $400.00 price target on shares of Celestica in a research report on Wednesday, October 29th. TD Securities raised their price objective on shares of Celestica from $305.00 to $330.00 and gave the stock a “hold” rating in a research note on Friday, January 30th. UBS Group upped their target price on Celestica from $208.00 to $350.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Celestica in a report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $356.59.

Celestica Stock Performance

Shares of CLS stock opened at $307.36 on Thursday. The stock has a fifty day moving average price of $307.14 and a 200 day moving average price of $271.11. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.88 and a current ratio of 1.47. The stock has a market cap of $35.36 billion, a PE ratio of 42.81 and a beta of 1.86. Celestica has a 1 year low of $58.05 and a 1 year high of $363.40.

Insider Transactions at Celestica

In other news, President Jason Phillips sold 100,000 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $308.92, for a total transaction of $30,892,000.00. Following the transaction, the president directly owned 12,584 shares in the company, valued at $3,887,449.28. This represents a 88.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, President Todd C. Cooper sold 89,484 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $287.45, for a total transaction of $25,722,175.80. Following the completion of the sale, the president owned 108,970 shares of the company’s stock, valued at approximately $31,323,426.50. The trade was a 45.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 297,923 shares of company stock worth $88,027,459 in the last three months. Company insiders own 0.52% of the company’s stock.

Institutional Trading of Celestica

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Cullen Frost Bankers Inc. purchased a new stake in Celestica during the fourth quarter valued at about $30,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Celestica by 42.5% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 124 shares of the technology company’s stock worth $31,000 after purchasing an additional 37 shares during the period. First Horizon Corp acquired a new stake in Celestica during the 3rd quarter worth approximately $31,000. Atlantic Edge Private Wealth Management LLC purchased a new position in Celestica in the fourth quarter valued at approximately $38,000. Finally, Park Square Financial Group LLC lifted its position in Celestica by 36.3% during the fourth quarter. Park Square Financial Group LLC now owns 154 shares of the technology company’s stock valued at $46,000 after buying an additional 41 shares in the last quarter. 67.38% of the stock is currently owned by institutional investors and hedge funds.

Celestica News Roundup

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Zacks upgraded CLS to a Strong Buy (Zacks #1), signaling improved near-term earnings optimism that can attract momentum and retail flows. Celestica (CLS) Upgraded to Strong Buy: Here’s Why
• Positive Sentiment: Zacks also put CLS on its momentum list of stocks to buy, which can amplify short‑term inflows from momentum-focused funds and traders. Best Momentum Stocks to Buy for February 6th
• Positive Sentiment: Sector/market narrative: coverage highlights Celestica as a beneficiary of Google’s huge 2026 capex plan, suggesting sustained demand for cloud and infrastructure electronics (a tailwind for CLS’s contract manufacturing). Why Celestica is a Massive Winner from Google’s CapEx Bonanza
• Positive Sentiment: Analyst/coverage support: TD Securities projects >10% upside, reinforcing bullish analyst sentiment that can support further price gains. Celestica Inc. (CLS:CA) TD Securities Forecasts Over 10% Upside
• Positive Sentiment: Fundamental bullishness: recent commentary (Seeking Alpha, Zacks) highlights strong growth in the HPS segment (now a material portion of revenue) and attractive longer‑term growth/valuation metrics — supporting a growth case beyond near‑term momentum. Celestica: A Hidden Gem For Aggressive Growth Portfolios
• Neutral Sentiment: Valuation discussion: coverage assessing valuation after recent volatility — useful for longer‑term investors to weigh the rally versus historical multiples and risk. Assessing Celestica (TSX:CLS) Valuation After Recent Share Price Weakness
• Negative Sentiment: Significant insider selling: multiple filings show large sales by executives — notably President Jason Phillips sold 120,000 shares across Feb 5–6 (including a 100,000‑share sale at ~\$308.92), and other insider disposals were also reported. Heavy insider selling can concern investors about insider conviction despite positive headlines. SEC Insider Filing(s)
• Negative Sentiment: Media flagged the insider transactions in roundup stories, which can create short‑term selling pressure or cause some investors to reassess timing despite bullish analyst and sector narratives. Insider Selling: Celestica (NYSE:CLS) President Sells $25,722,175.80 in Stock

About Celestica

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.