Celestica (NYSE:CLS) Announces Quarterly Earnings Results

Key Points

• Celestica reported $1.26 earnings per share for the quarter, exceeding analysts' estimates of $1.23 by $0.03.
• The company's market cap stands at $19.95 billion, with its stock trading at $173.53 after gaining $3.31 in mid-day trading.
• Analyst ratings are mixed, with the consensus rating labeled as "Moderate Buy" and a consensus price target of $125.83.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS released its earnings results on Monday. The technology company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.03, Zacks reports. The company had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.65 billion. Celestica had a net margin of 5.11% and a return on equity of 28.23%. The firm's quarterly revenue was up 21.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.91 EPS. Celestica updated its Q3 2025 guidance to 1.370-1.530 EPS and its FY 2025 guidance to 5.500-5.500 EPS.

Celestica Price Performance

Shares of CLS stock traded down $5.07 on Friday, reaching $194.79. The company's stock had a trading volume of 1,607,180 shares, compared to its average volume of 4,437,202. The company has a current ratio of 1.44, a quick ratio of 0.85 and a debt-to-equity ratio of 0.48. The stock's fifty day simple moving average is $144.61 and its 200-day simple moving average is $115.31. The company has a market capitalization of $22.40 billion, a price-to-earnings ratio of 42.12 and a beta of 1.81. Celestica has a 1 year low of $40.25 and a 1 year high of $214.47.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Argus reduced their target price on shares of Celestica from $150.00 to $120.00 and set a "buy" rating for the company in a report on Tuesday, April 29th. UBS Group reaffirmed a "neutral" rating and set a $208.00 price objective (up from $101.00) on shares of Celestica in a report on Wednesday. CIBC cut their price objective on shares of Celestica from $150.00 to $120.00 and set an "outperformer" rating for the company in a report on Tuesday, April 15th. BNP Paribas raised shares of Celestica to a "strong-buy" rating in a report on Wednesday, June 11th. Finally, Citigroup increased their price objective on shares of Celestica from $172.00 to $212.00 and gave the company a "neutral" rating in a report on Wednesday. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Celestica presently has a consensus rating of "Moderate Buy" and a consensus price target of $168.92.

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.