Celestica (NYSE:CLS) Issues Earnings Results, Misses Expectations By $0.10 EPS

Celestica (NYSE:CLS - Get Free Report) TSE: CLS posted its quarterly earnings results on Thursday. The technology company reported $1.00 EPS for the quarter, missing the consensus estimate of $1.10 by ($0.10), Zacks reports. The company had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.56 billion. Celestica had a net margin of 4.61% and a return on equity of 23.34%. Celestica updated its Q2 2025 guidance to 1.170-1.270 EPS and its FY 2025 guidance to 5.000-5.000 EPS.

Celestica Stock Performance

Celestica stock traded down $3.01 during mid-day trading on Friday, reaching $89.13. 6,937,107 shares of the company were exchanged, compared to its average volume of 3,127,409. The firm's 50-day simple moving average is $89.22 and its two-hundred day simple moving average is $92.05. Celestica has a twelve month low of $40.25 and a twelve month high of $144.27. The firm has a market cap of $10.34 billion, a PE ratio of 23.83 and a beta of 2.09. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.87 and a current ratio of 1.47.

Analyst Upgrades and Downgrades

CLS has been the subject of a number of analyst reports. Royal Bank of Canada dropped their price objective on shares of Celestica from $160.00 to $120.00 and set an "outperform" rating for the company in a report on Tuesday. TD Securities boosted their price objective on shares of Celestica from $70.00 to $107.00 and gave the company a "buy" rating in a report on Tuesday, January 28th. JPMorgan Chase & Co. lowered their target price on shares of Celestica from $166.00 to $105.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Barclays boosted their price target on shares of Celestica from $139.00 to $157.00 and gave the company an "overweight" rating in a research note on Thursday, February 13th. Finally, CIBC lowered their price objective on shares of Celestica from $150.00 to $120.00 and set an "outperformer" rating for the company in a research report on Tuesday, April 15th. Two research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $101.58.

Insider Activity

In related news, insider Yann L. Etienvre sold 9,181 shares of the stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $127.54, for a total transaction of $1,170,944.74. Following the completion of the transaction, the insider now directly owns 83,179 shares of the company's stock, valued at $10,608,649.66. This represents a 9.94 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Robert Mionis sold 75,000 shares of the firm's stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $141.29, for a total transaction of $10,596,750.00. Following the completion of the sale, the chief executive officer now owns 456,417 shares of the company's stock, valued at approximately $64,487,157.93. The trade was a 14.11 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 934,381 shares of company stock valued at $116,673,769. Company insiders own 1.00% of the company's stock.

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.