Toth Financial Advisory Corp Invests $468,000 in Celestica, Inc. $CLS

Toth Financial Advisory Corp bought a new position in shares of Celestica, Inc. (NYSE:CLSFree Report) (TSE:CLS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,000 shares of the technology company’s stock, valued at approximately $468,000.

Several other large investors also recently made changes to their positions in CLS. Rothschild Investment LLC bought a new stake in shares of Celestica during the first quarter worth $26,000. ORG Partners LLC bought a new stake in shares of Celestica during the first quarter worth $29,000. Center for Financial Planning Inc. bought a new position in Celestica in the first quarter valued at about $30,000. Farther Finance Advisors LLC increased its position in Celestica by 1,516.7% in the first quarter. Farther Finance Advisors LLC now owns 679 shares of the technology company’s stock worth $54,000 after purchasing an additional 637 shares during the period. Finally, Flaharty Asset Management LLC acquired a new stake in Celestica in the first quarter worth about $63,000. Institutional investors own 67.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CLS. JPMorgan Chase & Co. lifted their price objective on Celestica from $225.00 to $295.00 and gave the stock an “overweight” rating in a research report on Monday, September 8th. Canaccord Genuity Group lifted their price objective on Celestica from $126.00 to $240.00 and gave the stock a “buy” rating in a research report on Wednesday, July 30th. UBS Group reiterated a “neutral” rating and issued a $208.00 price objective (up from $101.00) on shares of Celestica in a research report on Wednesday, July 30th. CICC Research began coverage on Celestica in a research report on Tuesday, August 19th. They issued an “outperform” rating for the company. Finally, Royal Bank Of Canada lifted their price objective on Celestica from $185.00 to $225.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $174.75.

View Our Latest Research Report on Celestica

Celestica Stock Up 0.3%

Shares of Celestica stock opened at $252.72 on Monday. The business’s 50 day simple moving average is $202.25 and its 200 day simple moving average is $140.75. Celestica, Inc. has a 52-week low of $48.18 and a 52-week high of $258.16. The firm has a market cap of $29.07 billion, a PE ratio of 54.70 and a beta of 1.89. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.86 and a current ratio of 1.44.

Celestica (NYSE:CLSGet Free Report) (TSE:CLS) last announced its earnings results on Monday, July 28th. The technology company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.16. Celestica had a return on equity of 28.23% and a net margin of 5.11%.The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.65 billion. During the same quarter last year, the firm earned $0.91 EPS. Celestica’s revenue for the quarter was up 21.0% compared to the same quarter last year. Celestica has set its Q3 2025 guidance at 1.370-1.530 EPS. FY 2025 guidance at 5.500-5.500 EPS. On average, analysts predict that Celestica, Inc. will post 4.35 earnings per share for the current fiscal year.

About Celestica

(Free Report)

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.

Further Reading

Institutional Ownership by Quarter for Celestica (NYSE:CLS)

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