Key Points
- Celestica director Michael Max Wilson sold 4,168 shares on May 19 for about $1.39 million, cutting his holdings by 14.43%. The filing says the sale was to cover tax withholding tied to vesting equity awards.
- Celestica’s recent quarterly results were strong, with EPS of $2.16 beating estimates and revenue of $3.96 billion, up 52.8% year over year. The company also issued FY 2026 and Q2 2026 guidance.
- Analysts remain broadly constructive on the stock, with multiple firms raising price targets and the consensus view listed as “Moderate Buy” with an average target price of $427.42.
Celestica, Inc. (NYSE:CLS - Get Free Report) (TSE:CLS) Director Michael Max Wilson sold 4,168 shares of the firm's stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $333.31, for a total transaction of $1,389,236.08. Following the transaction, the director directly owned 24,718 shares of the company's stock, valued at $8,238,756.58. The trade was a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Celestica Price Performance
NYSE:CLS opened at $345.84 on Thursday. The company has a 50-day moving average of $337.35 and a 200-day moving average of $316.63. The company has a market capitalization of $39.76 billion, a price-to-earnings ratio of 41.82, a PEG ratio of 0.79 and a beta of 2.09. Celestica, Inc. has a 52 week low of $110.54 and a 52 week high of $435.00. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.73 and a current ratio of 1.26.
Celestica (NYSE:CLS - Get Free Report) (TSE:CLS) last announced its quarterly earnings results on Monday, April 27th. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.08 by $0.08. Celestica had a net margin of 6.95% and a return on equity of 36.91%. The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. During the same period last year, the firm posted $1.20 EPS. The firm's quarterly revenue was up 52.8% on a year-over-year basis. Celestica has set its FY 2026 guidance at 10.150-10.150 EPS and its Q2 2026 guidance at 2.140-2.340 EPS. As a group, equities research analysts anticipate that Celestica, Inc. will post 9.5 earnings per share for the current fiscal year.
Analysts Set New Price Targets
CLS has been the subject of several analyst reports. Citigroup lifted their price target on shares of Celestica from $338.00 to $415.00 and gave the company a "buy" rating in a report on Wednesday, April 29th. Weiss Ratings raised shares of Celestica from a "buy (b-)" rating to a "buy (b)" rating in a research note on Monday, May 4th. TD boosted their target price on shares of Celestica from $330.00 to $350.00 and gave the stock a "hold" rating in a research note on Monday, April 20th. TD Cowen raised shares of Celestica from a "hold" rating to a "buy" rating and boosted their target price for the stock from $350.00 to $430.00 in a research note on Wednesday, April 29th. Finally, Stifel Nicolaus set a $445.00 target price on shares of Celestica in a research note on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $427.42.
View Our Latest Stock Report on CLS
Institutional Investors Weigh In On Celestica
Institutional investors have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Celestica during the 4th quarter worth $28,000. Ascentis Independent Advisors bought a new stake in shares of Celestica during the 1st quarter valued at $29,000. Swiss RE Ltd. acquired a new position in Celestica during the fourth quarter valued at approximately $29,000. Cullen Frost Bankers Inc. acquired a new position in Celestica during the fourth quarter valued at approximately $30,000. Finally, Sittner & Nelson LLC acquired a new position in Celestica during the fourth quarter valued at approximately $31,000. Institutional investors and hedge funds own 67.38% of the company's stock.
About Celestica
(
Get Free Report)
Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.
The company's service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.
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