Celestica (NYSE:CLS) Announces Quarterly Earnings Results, Beats Expectations By $0.37 EPS

Celestica (NYSE:CLS) (TSE:CLS) announced its earnings results on Monday. The technology company reported $3.30 EPS for the quarter, beating the consensus estimate of $2.93 by $0.37, reports. The company had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.39 billion. Celestica had a net margin of 7.16% and a return on equity of 39.96%.

Celestica Price Performance

Celestica stock traded up $23.67 during mid-day trading on Tuesday, hitting $270.32. The company’s stock had a trading volume of 2,335,628 shares, compared to its average volume of 2,424,468. The stock has a market capitalization of $31.08 billion, a P/E ratio of 28.37 and a beta of 2.01. Celestica has a twelve month low of $244.51 and a twelve month high of $474.02. The company has a quick ratio of 0.68, a current ratio of 1.23 and a debt-to-equity ratio of 0.32. The stock’s fifty day moving average price is $327.22 and its two-hundred day moving average price is $331.72.

Insider Activity

In other Celestica news, CEO Robert Mionis sold 98,453 shares of Celestica stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $368.99, for a total value of $36,328,172.47. The sale was disclosed in a filing with the SEC, which is available through this link. Also, President Todd Cooper sold 20,118 shares of Celestica stock in a transaction dated Wednesday, September 23rd. The shares were sold at an average price of $360.00, for a total transaction of $7,242,480.00. Following the sale, the president owned 73,252 shares in the company, valued at approximately $26,370,720. This trade represents a 21.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 243,067 shares of company stock valued at $89,200,967 over the last 90 days. 1.10% of the stock is currently owned by company insiders.

Key Headlines Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Celestica reported third-quarter adjusted EPS of $3.30, exceeding the $2.93 consensus estimate, while revenue reached $5.74 billion versus expectations of $5.39 billion. The results represented earnings and revenue surprises of approximately 9.3% and 6.0%, respectively. Celestica Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Management raised its full-year earnings and revenue outlook after Q3 results came in above the high end of its guidance ranges. The company also projected accelerating revenue growth and expanding non-GAAP adjusted operating margins in 2027. Celestica Stock Pops on Strong Q3 Earnings and Raised Guidance
• Positive Sentiment: Investor enthusiasm is being driven by strong demand for AI infrastructure and data-center equipment. Reports highlighted an AI-related “supercycle,” stronger customer demand extending into 2028, and a reported outlook approaching $40 billion in 2027 sales. Celestica AI Infrastructure Demand and 2027 Sales Outlook
• Neutral Sentiment: Celestica became one of the market’s closely watched movers following the earnings release, with coverage emphasizing both the AI growth opportunity and the unusually strong earnings reaction. Biggest Stock Movers Tuesday
• Negative Sentiment: Despite the strong fundamentals, the shares have decreased from their earlier post-earnings levels and are trading near the one-year low. The supplied reports identify no new operational setback, so the weakness may reflect profit-taking, valuation concerns, or high expectations already embedded in the stock.

Analyst Upgrades and Downgrades

CLS has been the subject of several recent research reports. UBS Group upgraded shares of Celestica from a “neutral” rating to a “buy” rating and boosted their target price for the company from $410.00 to $430.00 in a research report on Monday, August 24th. Royal Bank Of Canada set a $450.00 price target on shares of Celestica and gave the stock an “outperform” rating in a report on Wednesday, August 26th. Bank of America reiterated a “buy” rating on shares of Celestica in a research report on Wednesday, July 29th. BWS Financial restated a “buy” rating on shares of Celestica in a research report on Tuesday, July 28th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Celestica from $445.00 to $485.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Twenty-four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $448.30.

Celestica Company Profile

Celestica Inc is a global provider of design, manufacturing, and supply chain solutions for original equipment manufacturers and other technology companies. The company helps customers develop, produce, and support complex hardware and integrated systems across their product life cycles.

Its services include product design and engineering, electronics and mechanical manufacturing, systems integration, testing, supply chain management, logistics, and after-market support. Celestica serves markets such as communications, enterprise and cloud computing, aerospace and defense, industrial technology, health technology, and capital equipment.

Headquartered in Toronto, Canada, Celestica operates a global network of manufacturing, engineering, and supply chain facilities serving customers in North America, Europe, and Asia.