Celestica, Inc. (NYSE:CLS) Receives $207.38 Average PT from Analysts

Celestica, Inc. (NYSE:CLS) (TSE:CLS) has received an average recommendation of “Moderate Buy” from the seventeen analysts that are presently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $242.9286.

CLS has been the subject of a number of recent analyst reports. BNP Paribas reaffirmed an “outperform” rating and set a $300.00 price target on shares of Celestica in a research note on Thursday, September 25th. TD Cowen reaffirmed a “hold” rating and set a $238.00 price target on shares of Celestica in a research note on Friday, October 3rd. Canaccord Genuity Group lifted their price target on shares of Celestica from $126.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, July 30th. UBS Group reaffirmed a “neutral” rating and set a $208.00 price target (up from $101.00) on shares of Celestica in a research note on Wednesday, July 30th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Celestica in a research note on Wednesday, October 8th.

Institutional Investors Weigh In On Celestica

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp lifted its holdings in Celestica by 1,103.8% during the 1st quarter. Jones Financial Companies Lllp now owns 24,486 shares of the technology company’s stock valued at $1,930,000 after buying an additional 22,452 shares in the last quarter. Consolidated Planning Corp bought a new stake in Celestica during the 1st quarter valued at about $3,361,000. Fortis Capital Advisors LLC bought a new stake in Celestica during the 2nd quarter valued at about $343,000. Think Investments LP bought a new stake in Celestica during the 1st quarter valued at about $14,939,000. Finally, Royal Bank of Canada lifted its holdings in Celestica by 1.5% during the 1st quarter. Royal Bank of Canada now owns 1,280,563 shares of the technology company’s stock valued at $100,922,000 after buying an additional 19,391 shares in the last quarter. Institutional investors own 67.38% of the company’s stock.

Celestica Stock Down 1.0%

Shares of CLS stock opened at $273.74 on Tuesday. The company has a market capitalization of $31.49 billion, a price-to-earnings ratio of 59.25 and a beta of 1.88. The company’s fifty day moving average price is $232.28 and its 200-day moving average price is $165.21. Celestica has a one year low of $55.30 and a one year high of $296.85. 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 (NYSE:CLS) (TSE:CLS) last released its quarterly earnings results on Monday, July 28th. The technology company reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.16. Celestica had a net margin of 5.11% and a return on equity of 28.23%. The firm had revenue of $2.89 billion during the quarter, compared to analysts’ expectations of $2.65 billion. During the same period in the previous year, the company earned $0.91 EPS. The firm’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. Sell-side analysts expect that Celestica will post 4.35 EPS for the current fiscal 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.