Celestica (NYSE:CLS) Issues FY 2025 Earnings Guidance

Celestica (NYSE:CLS - Get Free Report) TSE: CLS updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 5.000-5.000 for the period, compared to the consensus earnings per share estimate of 4.820. The company issued revenue guidance of $10.9 billion-$10.9 billion, compared to the consensus revenue estimate of $10.8 billion. Celestica also updated its Q2 2025 guidance to 1.170-1.270 EPS.

Celestica Stock Performance

Shares of NYSE CLS traded down $3.01 during trading on Friday, reaching $89.13. 6,937,107 shares of the company traded hands, compared to its average volume of 3,127,409. The company has a current ratio of 1.47, a quick ratio of 0.87 and a debt-to-equity ratio of 0.49. The stock has a market cap of $10.34 billion, a P/E ratio of 23.83 and a beta of 2.09. The firm's fifty day simple moving average is $89.22 and its 200 day simple moving average is $92.05. Celestica has a 12-month low of $40.25 and a 12-month high of $144.27.

Analysts Set New Price Targets

Several research firms have recently weighed in on CLS. Cibc World Mkts raised shares of Celestica from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 31st. Barclays upped their price target on Celestica from $139.00 to $157.00 and gave the company an "overweight" rating in a research note on Thursday, February 13th. JPMorgan Chase & Co. cut their price objective on Celestica from $166.00 to $105.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. CIBC decreased their target price on shares of Celestica from $150.00 to $120.00 and set an "outperformer" rating on the stock in a research report on Tuesday, April 15th. Finally, Royal Bank of Canada dropped their price target on shares of Celestica from $160.00 to $120.00 and set an "outperform" rating for the company in a research report on Tuesday. Two investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Celestica presently has an average rating of "Moderate Buy" and an average price target of $101.58.

Insider Buying and Selling at Celestica

In other news, President Todd C. Cooper sold 65,000 shares of Celestica stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $129.78, for a total transaction of $8,435,700.00. Following the sale, the president now directly owns 110,426 shares of the company's stock, valued at approximately $14,331,086.28. The trade was a 37.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Yann L. Etienvre sold 9,181 shares of Celestica stock in a transaction on Friday, January 31st. The stock was sold at an average price of $127.54, for a total transaction of $1,170,944.74. Following the completion of the sale, the insider now owns 83,179 shares of the company's stock, valued at approximately $10,608,649.66. This trade represents a 9.94 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 934,381 shares of company stock valued at $116,673,769. Company insiders own 1.00% of the company's stock.

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.