Cormark Issues Pessimistic Estimate for Celestica Earnings

Celestica Inc. (TSE:CLS - Free Report) NYSE: CLS - Equities research analysts at Cormark lowered their Q1 2025 earnings estimates for shares of Celestica in a report released on Tuesday, April 22nd. Cormark analyst J. Pytlak now forecasts that the company will post earnings of $1.43 per share for the quarter, down from their prior estimate of $1.47. The consensus estimate for Celestica's current full-year earnings is $5.03 per share. Cormark also issued estimates for Celestica's Q2 2025 earnings at $1.47 EPS, Q3 2025 earnings at $1.57 EPS, Q4 2025 earnings at $1.64 EPS and FY2025 earnings at $6.10 EPS.

Several other research firms have also issued reports on CLS. Cibc World Mkts upgraded shares of Celestica from a "hold" rating to a "strong-buy" rating in a report on Friday, January 31st. BMO Capital Markets raised their price target on Celestica from C$72.00 to C$140.00 in a report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of C$96.75.

Celestica Stock Down 3.1 %

TSE CLS traded down C$3.91 during trading hours on Thursday, reaching C$123.45. 1,090,068 shares of the company's stock traded hands, compared to its average volume of 1,075,100. Celestica has a 52-week low of C$55.10 and a 52-week high of C$206.57. The company has a debt-to-equity ratio of 51.72, a current ratio of 1.47 and a quick ratio of 0.54. The firm has a 50-day simple moving average of C$126.83 and a 200 day simple moving average of C$130.18. The firm has a market cap of C$10.44 billion, a PE ratio of 28.13, a PEG ratio of 0.14 and a beta of 2.23.

Insider Buying and Selling

In other Celestica news, Director Alok K. Agrawal sold 1,763 shares of the company's stock in a transaction dated Friday, January 31st. The shares were sold at an average price of C$183.66, for a total transaction of C$323,800.28. Also, Senior Officer Mandeep Chawla sold 87,341 shares of the firm's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of C$174.86, for a total transaction of C$15,272,532.16. Insiders sold a total of 127,614 shares of company stock worth $22,553,289 in the last three months. 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.