Celestica (NYSE:CLS) Stock Price Up 4.2% – Still a Buy?

Celestica, Inc. (NYSE:CLS) (TSE:CLS) shares rose 4.2% on Monday . The stock traded as high as $359.77 and last traded at $350.24. Approximately 1,362,497 shares traded hands during trading, a decline of 43% from the average daily volume of 2,378,185 shares. The stock had previously closed at $336.21.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised their price target on shares of Celestica from $410.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. The Goldman Sachs Group reissued a “buy” rating and set a $475.00 target price on shares of Celestica in a research report on Tuesday, April 28th. Royal Bank Of Canada raised their target price on Celestica from $400.00 to $440.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Rothschild & Co Redburn assumed coverage on Celestica in a research report on Friday, May 1st. They issued a “buy” rating and a $460.00 price target for the company. Finally, BMO Capital Markets upped their price target on Celestica from $370.00 to $450.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $427.42.

Celestica Stock Up 4.5%

The business’s 50 day moving average is $376.13 and its 200-day moving average is $329.38. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26. The firm has a market capitalization of $41.45 billion, a price-to-earnings ratio of 43.59, a price-to-earnings-growth ratio of 0.81 and a beta of 2.05.

Celestica (NYSE:CLS) (TSE:CLS) last released its earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share for the quarter, topping analysts’ consensus estimates of $2.08 by $0.08. The firm had revenue of $3.96 billion during 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 business’s revenue was up 52.8% on a year-over-year basis. During the same quarter in the previous year, the business 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. Equities analysts anticipate that Celestica, Inc. will post 9.5 EPS for the current fiscal year.

Insider Transactions at Celestica

In related news, CFO Mandeep Chawla sold 17,000 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $399.65, for a total transaction of $6,794,050.00. Following the transaction, the chief financial officer directly owned 82,444 shares in the company, valued at $32,948,744.60. The trade was a 17.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Michael Max Wilson sold 4,168 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $333.31, for a total value of $1,389,236.08. Following the sale, the director owned 24,718 shares in the company, valued at approximately $8,238,756.58. This represents a 14.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 161,168 shares of company stock worth $63,190,485. Insiders own 1.10% of the company’s stock.

Institutional Trading of Celestica

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Legacy Wealth Managment LLC ID grew its stake in shares of Celestica by 14.4% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 223 shares of the technology company’s stock valued at $63,000 after purchasing an additional 28 shares during the period. Capital Planning LLC lifted its position in shares of Celestica by 3.2% during the first quarter. Capital Planning LLC now owns 1,025 shares of the technology company’s stock worth $289,000 after purchasing an additional 32 shares in the last quarter. LeConte Wealth Management LLC boosted its position in Celestica by 3.5% in the 4th quarter. LeConte Wealth Management LLC now owns 1,001 shares of the technology company’s stock valued at $296,000 after buying an additional 34 shares during the last quarter. PCB Capital LLC increased its position in Celestica by 3.5% in the first quarter. PCB Capital LLC now owns 995 shares of the technology company’s stock worth $280,000 after purchasing an additional 34 shares during the period. Finally, Terra Nova Asset Management LLC grew its position in shares of Celestica by 2.3% during the 4th quarter. Terra Nova Asset Management LLC now owns 1,686 shares of the technology company’s stock worth $498,000 after buying an additional 38 shares during the period. 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.