Celestica, Inc. (NYSE:CLS) Given Consensus Rating of “Moderate Buy” by Analysts

Celestica, Inc. (NYSE:CLS) (TSE:CLS) has earned a consensus recommendation of “Moderate Buy” from the fourteen research firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $184.3846.

A number of equities research analysts have recently issued reports on CLS shares. Royal Bank Of Canada increased their target price on Celestica from $185.00 to $225.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Barclays increased their target price on Celestica from $146.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, July 30th. Wall Street Zen lowered Celestica from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. CICC Research started coverage on Celestica in a research note on Tuesday, August 19th. They issued an “outperform” rating for the company. Finally, BNP Paribas reiterated an “outperform” rating and issued a $300.00 target price on shares of Celestica in a research note on Thursday.

Institutional Investors Weigh In On Celestica

A number of hedge funds have recently bought and sold shares of CLS. Rothschild Investment LLC acquired a new stake in Celestica during the 1st quarter valued at approximately $26,000. Golden State Wealth Management LLC grew its stake in Celestica by 102.5% during the 2nd quarter. Golden State Wealth Management LLC now owns 164 shares of the technology company’s stock valued at $26,000 after purchasing an additional 83 shares in the last quarter. ORG Partners LLC acquired a new stake in Celestica during the 1st quarter valued at approximately $29,000. Center for Financial Planning Inc. acquired a new stake in Celestica during the 1st quarter valued at approximately $30,000. Finally, ST Germain D J Co. Inc. acquired a new stake in Celestica during the 2nd quarter valued at approximately $37,000. Institutional investors and hedge funds own 67.38% of the company’s stock.

Celestica Stock Performance

Celestica stock opened at $244.46 on Friday. The stock’s 50-day moving average is $209.28 and its 200-day moving average is $144.52. The company has a market cap of $28.12 billion, a price-to-earnings ratio of 52.91 and a beta of 1.89. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.44 and a quick ratio of 0.86. Celestica has a 12 month low of $48.97 and a 12 month high of $261.83.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings data on Monday, July 28th. The technology company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.16. The company had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.65 billion. Celestica had a return on equity of 28.23% and a net margin of 5.11%.The company’s quarterly revenue was up 21.0% compared to the same quarter last year. During the same period last year, the business posted $0.91 EPS. Celestica has set its Q3 2025 guidance at 1.370-1.530 EPS. FY 2025 guidance at 5.500-5.500 EPS. Equities analysts anticipate that Celestica will post 4.35 earnings per share for the current year.

Celestica Company Profile

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.