Celestica, Inc. (NYSE:CLS) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Celestica, Inc. (NYSE:CLSGet Free Report) (TSE:CLS) has been given an average rating of “Moderate Buy” by the twenty-two analysts that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $427.4211.

A number of research analysts have recently weighed in on the stock. Rothschild & Co Redburn assumed coverage on shares of Celestica in a research report on Friday, May 1st. They set a “buy” rating and a $460.00 target price for the company. TD Cowen raised shares of Celestica from a “hold” rating to a “buy” rating and increased their target price for the company from $350.00 to $430.00 in a research report on Wednesday, April 29th. Stifel Nicolaus set a $445.00 target price on shares of Celestica in a research report on Tuesday, April 28th. Susquehanna increased their target price on shares of Celestica from $460.00 to $510.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. Finally, Canaccord Genuity Group increased their target price on shares of Celestica from $400.00 to $430.00 and gave the company a “buy” rating in a research report on Monday, February 2nd.

Get Our Latest Report on CLS

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Celestica during the 4th quarter valued at approximately $28,000. Ascentis Independent Advisors bought a new position in shares of Celestica during the 1st quarter valued at approximately $29,000. Swiss RE Ltd. bought a new position in Celestica in the 4th quarter worth approximately $29,000. Cullen Frost Bankers Inc. bought a new position in Celestica in the 4th quarter worth approximately $30,000. Finally, MassMutual Private Wealth & Trust FSB grew its stake in Celestica by 42.5% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 124 shares of the technology company’s stock valued at $31,000 after buying an additional 37 shares in the last quarter. 67.38% of the stock is owned by institutional investors.

Celestica Trading Down 2.6%

NYSE:CLS opened at $375.32 on Friday. 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 cap of $43.15 billion, a price-to-earnings ratio of 45.38, a price-to-earnings-growth ratio of 0.90 and a beta of 2.09. Celestica has a 52 week low of $92.30 and a 52 week high of $435.00. The firm has a 50-day moving average price of $320.48 and a two-hundred day moving average price of $312.59.

Celestica (NYSE:CLSGet Free Report) (TSE:CLS) last posted its quarterly earnings data on Monday, April 27th. The technology company reported $2.16 EPS for the quarter, beating the consensus estimate 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 company’s revenue for the quarter was up 52.8% on a year-over-year basis. During the same quarter last year, the business posted $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. On average, equities analysts expect that Celestica will post 9.5 earnings per share for the current fiscal year.

Celestica News Summary

Here are the key news stories impacting Celestica this week:

About Celestica

(Get Free Report)

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.

See Also

Analyst Recommendations for Celestica (NYSE:CLS)

Receive News & Ratings for Celestica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celestica and related companies with MarketBeat.com's FREE daily email newsletter.