Celestica (TSE:CLS) Hits New 52-Week High - Should You Buy?

Shares of Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS hit a new 52-week high on Tuesday . The stock traded as high as C$166.20 and last traded at C$164.41, with a volume of 148559 shares trading hands. The stock had previously closed at C$163.86.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on CLS shares. UBS Group upgraded Celestica to a "hold" rating in a research report on Friday, November 22nd. Barclays raised shares of Celestica to a "strong-buy" rating in a research report on Tuesday, November 5th.

Celestica Price Performance

The company has a debt-to-equity ratio of 52.78, a quick ratio of 0.54 and a current ratio of 1.47. The stock has a market capitalization of C$20.95 billion, a PE ratio of 41.86, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23. The business's 50-day moving average price is C$135.55 and its 200 day moving average price is C$97.33.

Celestica (TSE:CLS - Get Free Report) NYSE: CLS last announced its earnings results on Wednesday, October 23rd. The company reported C$1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.15 by C$0.12. Celestica had a net margin of 4.16% and a return on equity of 20.99%. During the same quarter last year, the firm earned $0.87 earnings per share. Research analysts forecast that Celestica Inc. will post 5.028804 earnings per share for the current year.

Insider Buying and Selling at Celestica

In related news, Director Michael M. Wilson sold 5,100 shares of the firm's stock in a transaction dated Monday, January 6th. The stock was sold at an average price of C$141.77, for a total value of C$723,030.57. Also, Director Robert Andrew Mionis sold 150,000 shares of the company's stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of C$96.83, for a total value of C$14,524,318.50. Insiders have sold 244,954 shares of company stock worth $25,363,678 over the last ninety days. 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.