Celestica (NYSE:CLS) Posts Quarterly Earnings Results, Beats Expectations By $0.10 EPS

Celestica (NYSE:CLS - Get Free Report) TSE: CLS announced its quarterly earnings data on Thursday. The technology company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.10 by $0.10, Briefing.com reports. The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.56 billion. Celestica had a net margin of 4.61% and a return on equity of 23.34%. Celestica's revenue for the quarter was up 19.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.83 EPS. Celestica updated its Q2 2025 guidance to 1.170-1.270 EPS and its FY 2025 guidance to 5.000-5.000 EPS.

Celestica Price Performance

Shares of Celestica stock traded down $1.35 on Monday, hitting $87.70. 4,185,167 shares of the company traded hands, compared to its average volume of 3,131,073. Celestica has a 52 week low of $40.25 and a 52 week high of $144.27. The business has a 50-day simple moving average of $88.34 and a 200 day simple moving average of $92.67. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.87 and a current ratio of 1.47. The stock has a market capitalization of $10.17 billion, a P/E ratio of 23.45 and a beta of 2.09.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. TD Securities boosted their price objective on shares of Celestica from $70.00 to $107.00 and gave the stock a "buy" rating in a report on Tuesday, January 28th. JPMorgan Chase & Co. upped their price target on Celestica from $105.00 to $115.00 and gave the company an "overweight" rating in a report on Monday. Stifel Nicolaus boosted their target price on Celestica from $140.00 to $150.00 and gave the stock a "buy" rating in a research report on Wednesday, February 19th. Cibc World Mkts upgraded shares of Celestica from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 31st. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a $120.00 target price on shares of Celestica in a research report on Monday. Two equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $104.09.

Insider Buying and Selling

In other news, insider Yann L. Etienvre sold 83,179 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $122.28, for a total transaction of $10,171,128.12. Following the completion of the transaction, the insider now directly owns 9,224 shares in the company, valued at approximately $1,127,910.72. This represents a 90.02 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Robert Mionis sold 441,325 shares of the company's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $122.28, for a total transaction of $53,965,221.00. Following the sale, the chief executive officer now directly owns 531,417 shares in the company, valued at approximately $64,981,670.76. The trade was a 45.37 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 934,381 shares of company stock worth $116,673,769. 1.00% of the stock is owned by insiders.

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.