Celestica, Inc. (NYSE:CLS - Get Free Report) (TSE:CLS) CFO Mandeep Chawla sold 883 shares of the firm's stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $366.52, for a total transaction of $323,637.16. Following the completion of the sale, the chief financial officer owned 81,561 shares of the company's stock, valued at $29,893,737.72. This trade represents a 1.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Mandeep Chawla also recently made the following trade(s):
- On Monday, June 15th, Mandeep Chawla sold 17,000 shares of Celestica stock. The stock was sold at an average price of $399.65, for a total value of $6,794,050.00.
Celestica Price Performance
Shares of NYSE CLS opened at $342.75 on Tuesday. 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 business's 50 day moving average price is $360.20 and its two-hundred day moving average price is $333.77. The company has a market cap of $39.41 billion, a PE ratio of 35.63 and a beta of 2.06. Celestica, Inc. has a twelve month low of $173.23 and a twelve month high of $474.02.
Celestica (NYSE:CLS - Get Free Report) (TSE:CLS) last released its quarterly earnings data on Monday, July 27th. The technology company reported $2.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.29 by $0.25. Celestica had a return on equity of 39.96% and a net margin of 7.16%.The company had revenue of $4.68 billion during the quarter, compared to analysts' expectations of $4.30 billion. During the same period last year, the firm posted $1.39 earnings per share. The business's revenue was up 62.4% on a year-over-year basis. Celestica has set its FY 2026 guidance at 11.300-11.300 EPS and its Q3 2026 guidance at 2.880-3.080 EPS. On average, analysts predict that Celestica, Inc. will post 9.97 EPS for the current year.
Institutional Investors Weigh In On Celestica
A number of institutional investors have recently modified their holdings of CLS. NewGen Equity Long Short Fund acquired a new stake in Celestica in the 2nd quarter worth about $14,050,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Celestica by 7,646.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,007 shares of the technology company's stock valued at $157,000 after purchasing an additional 994 shares during the period. First Trust Advisors LP grew its position in shares of Celestica by 30.0% during the 2nd quarter. First Trust Advisors LP now owns 78,061 shares of the technology company's stock worth $12,197,000 after purchasing an additional 18,025 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Celestica by 385.8% during the 2nd quarter. NewEdge Advisors LLC now owns 2,803 shares of the technology company's stock worth $438,000 after purchasing an additional 2,226 shares in the last quarter. Finally, HUB Investment Partners LLC increased its holdings in shares of Celestica by 11.0% during the second quarter. HUB Investment Partners LLC now owns 3,181 shares of the technology company's stock worth $497,000 after purchasing an additional 315 shares during the period. Institutional investors own 67.38% of the company's stock.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on CLS shares. Stifel Nicolaus set a $500.00 price target on Celestica in a report on Tuesday, July 28th. JPMorgan Chase & Co. upped their price objective on shares of Celestica from $445.00 to $485.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Rothschild & Co Redburn started coverage on shares of Celestica in a research report on Friday, May 1st. They issued a "buy" rating and a $460.00 price objective on the stock. Barclays cut their target price on shares of Celestica from $441.00 to $430.00 and set an "overweight" rating for the company in a research note on Wednesday, July 29th. Finally, UBS Group reaffirmed a "neutral" rating and set a $410.00 target price on shares of Celestica in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Celestica has a consensus rating of "Moderate Buy" and a consensus target price of $437.00.
View Our Latest Stock Report on CLS
Celestica News Roundup
Here are the key news stories impacting Celestica this week:
- Positive Sentiment: Celestica’s shares have risen over the past six months as investors favor its exposure to AI networking, hyperscaler capital spending and strategic partnerships. Rising earnings estimates suggest analysts expect continued growth. CLS Stock Surges 20.1% in Six Months: Is There More Upside Ahead?
- Positive Sentiment: The company recently reported a substantial earnings and revenue beat: quarterly EPS was $2.54 versus a $2.29 consensus estimate, while revenue reached $4.68 billion compared with expectations of $4.30 billion. Revenue increased 62.4% year over year, and management issued third-quarter 2026 EPS guidance of $2.88 to $3.08.
- Positive Sentiment: Analyst sentiment remains constructive. Celestica has a consensus “Moderate Buy” rating and an average price target of $437, with Stifel setting a $500 target and Barclays maintaining an “overweight” rating despite lowering its target to $430. Celestica analyst coverage
- Neutral Sentiment: Institutional investors own approximately 67.4% of Celestica. Several smaller funds recently initiated positions, indicating ongoing institutional interest, though the disclosed purchases were modest.
- Negative Sentiment: CEO Robert Mionis sold 9,543 shares for approximately $3.51 million, reducing his direct holdings by 15.8% to 50,841 shares. CFO Mandeep Chawla also sold 883 shares worth about $324,000. The transactions may raise caution because they follow additional large CEO sales in June, although executives continue to retain significant holdings. Celestica insider selling
- Negative Sentiment: At a P/E ratio near 35.6, Celestica trades at a demanding valuation. The stock’s elevated beta also indicates that it may be particularly sensitive to shifts in AI spending expectations and broader market sentiment.
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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