Jason Phillips Sells 20,000 Shares of Celestica Inc. (TSE:CLS) Stock

Celestica Inc. (TSE:CLS) (NYSE:CLS) Senior Officer Jason Phillips sold 20,000 shares of the stock in a transaction dated Friday, May 17th. The stock was sold at an average price of C$51.75, for a total transaction of C$1,035,092.00.

Celestica Trading Up 3.2 %

Shares of Celestica stock opened at C$76.07 on Friday. Celestica Inc. has a 12-month low of C$15.12 and a 12-month high of C$78.25. The company has a current ratio of 1.42, a quick ratio of 0.54 and a debt-to-equity ratio of 48.65. The stock has a market cap of C$9.04 billion, a PE ratio of 20.90, a price-to-earnings-growth ratio of 0.14 and a beta of 2.35. The company has a 50-day moving average of C$63.66 and a two-hundred day moving average of C$50.80.

Celestica (TSE:CLS) (NYSE:CLS) last issued its earnings results on Wednesday, April 24th. The company reported C$0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.86 by C$0.04. Celestica had a net margin of 3.86% and a return on equity of 19.10%. The company had revenue of C$2.98 billion during the quarter, compared to analysts’ expectations of C$2.83 billion. On average, research analysts anticipate that Celestica Inc. will post 4.5426908 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, CIBC cut shares of Celestica from an “outperform” rating to a “neutral” rating and increased their price target for the stock from C$41.00 to C$49.00 in a report on Friday, April 26th.

About Celestica

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.