Celestica (NYSE:CLS) Releases Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Celestica (NYSE:CLS - Get Free Report) TSE: CLS announced its quarterly earnings data on Monday. The technology company reported $2.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.08 by $0.08, Briefing.com reports. Celestica had a net margin of 6.95% and a return on equity of 37.35%. The firm had revenue of $3.96 billion during the quarter, compared to analyst estimates of $4.06 billion. During the same quarter in the prior year, the firm posted $1.20 earnings per share. Celestica's quarterly revenue was up 52.8% on a year-over-year basis. Celestica updated its FY 2026 guidance to 10.150-10.150 EPS and its Q2 2026 guidance to 2.140-2.340 EPS.

Celestica Trading Down 14.4%

Shares of NYSE CLS opened at $361.59 on Wednesday. The company has a current ratio of 1.44, a quick ratio of 0.88 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $41.57 billion, a PE ratio of 43.72, a PEG ratio of 1.26 and a beta of 1.88. Celestica has a twelve month low of $81.88 and a twelve month high of $423.25. The stock has a fifty day simple moving average of $309.83 and a 200-day simple moving average of $307.90.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Weiss Ratings reissued a "buy (b)" rating on shares of Celestica in a research note on Wednesday, January 21st. TD Cowen lifted their price target on shares of Celestica from $330.00 to $350.00 and gave the company a "hold" rating in a research report on Monday, April 20th. The Goldman Sachs Group reissued a "buy" rating and set a $475.00 target price on shares of Celestica in a research note on Tuesday. Stifel Nicolaus set a $445.00 target price on Celestica in a research report on Tuesday. Finally, Canaccord Genuity Group upped their price target on Celestica from $400.00 to $430.00 and gave the company a "buy" rating in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Celestica currently has a consensus rating of "Moderate Buy" and a consensus target price of $393.28.

Insider Buying and Selling

In related news, insider Yann L. Etienvre sold 86,229 shares of the company's stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $287.45, for a total transaction of $24,786,526.05. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, President Jason Phillips sold 100,000 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $308.92, for a total transaction of $30,892,000.00. Following the sale, the president owned 12,584 shares in the company, valued at approximately $3,887,449.28. This trade represents a 88.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 297,923 shares of company stock valued at $88,027,459. Corporate insiders own 1.10% of the company's stock.

Institutional Trading of Celestica

Hedge funds have recently added to or reduced their stakes in the company. Canopy Partners LLC acquired a new position in shares of Celestica during the fourth quarter worth $216,000. Strive Financial Group LLC acquired a new stake in Celestica in the fourth quarter valued at $213,000. EP Wealth Advisors LLC acquired a new stake in Celestica in the fourth quarter valued at $209,000. Gen Wealth Partners Inc lifted its holdings in Celestica by 57.5% during the 4th quarter. Gen Wealth Partners Inc now owns 263 shares of the technology company's stock worth $78,000 after buying an additional 96 shares during the last quarter. Finally, Smartleaf Asset Management LLC purchased a new stake in Celestica during the 4th quarter worth about $74,000. Institutional investors and hedge funds own 67.38% of the company's stock.

Key Stories Impacting Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Q1 performance and upgraded full‑year outlook: Revenue grew ~53% YoY, adjusted EPS topped management guidance, and management raised FY2026 revenue to $19.0B and adj. EPS to $10.15 — confirming strong demand from cloud/AI customers. GlobeNewswire Q1 Release
• Positive Sentiment: Cloud, AI and CCS momentum: Management and analysts point to outsized growth from data‑center capex and CCS (cloud and hyperscaler) demand — Zacks highlights a 76% jump in CCS revenue and margin expansion as drivers of the beat. Zacks: CCS Demand
• Neutral Sentiment: Mixed headline metrics: Some reports stress a “double‑beat” (adjusted metrics) while others note revenue/EPS versus some consensus figures were softer — check the earnings transcript/notes to reconcile GAAP vs adjusted figures. Earnings Transcript
• Negative Sentiment: Profit‑taking and momentum fatigue: After the upbeat print and big guidance lift, the stock gapped down as some investors locked in gains and traders debated whether near‑term momentum had run ahead of fundamentals. Blockonomi: What Happened
• Negative Sentiment: Valuation and expectations risk: Analysts note CLS trades at a premium P/E vs. ODM peers and sector medians — rising expectations for multi‑year AI buildouts may already be priced in, increasing sensitivity to any execution slips. Seeking Alpha: Valuation & Momentum
• Negative Sentiment: Analyst/investor disappointment and high intraday volume: Multiple outlets report investors “wanted more” despite the beat — heightened volatility and heavy trading followed the print. Benzinga: Market Reaction MSN: Investors Wanted More

About Celestica

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company's service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.