Celestica (NYSE:CLS) Shares Up 4.3% - What's Next?

Key Points

• Celestica's stock price surged 4.3% on Wednesday, reaching a high of $279.70 before closing at $276.10, although trading volume was down 85% from the average.
• Analyst ratings for Celestica have been mixed, with one upgrade to "buy," a price target increase from Royal Bank of Canada to $315.00, but also a downgrade from TD Securities to "hold."
• The company reported a quarterly EPS of $1.39, exceeding expectations, and projected a guidance of 1.370-1.530 EPS for Q3 2025.

Celestica, Inc. (NYSE:CLS - Get Free Report) TSE: CLS's stock price shot up 4.3% on Wednesday . The company traded as high as $279.70 and last traded at $276.10. 586,592 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 4,025,677 shares. The stock had previously closed at $264.69.

Analyst Upgrades and Downgrades

CLS has been the topic of several research reports. Royal Bank Of Canada boosted their price target on Celestica from $225.00 to $315.00 and gave the company an "outperform" rating in a research note on Wednesday. Wall Street Zen upgraded Celestica from a "hold" rating to a "buy" rating in a research report on Saturday, October 4th. TD Securities lowered Celestica from a "buy" rating to a "hold" rating and increased their price target for the stock from $130.00 to $238.00 in a research report on Friday, October 3rd. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Celestica in a report on Wednesday, October 8th. Finally, BMO Capital Markets upped their price objective on Celestica from $230.00 to $300.00 and gave the stock an "outperform" rating in a report on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $249.36.

Celestica Price Performance

The firm has a market cap of $30.65 billion, a price-to-earnings ratio of 57.61 and a beta of 1.88. The company has a current ratio of 1.44, a quick ratio of 0.86 and a debt-to-equity ratio of 0.48. The company has a 50 day moving average of $233.31 and a 200 day moving average of $165.91.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last issued its quarterly earnings data on Monday, July 28th. The technology company reported $1.39 EPS for the quarter, topping the consensus estimate of $1.23 by $0.16. The business had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.65 billion. Celestica had a return on equity of 28.23% and a net margin of 5.11%.The firm's revenue was up 21.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.91 EPS. Celestica has set its Q3 2025 guidance at 1.370-1.530 EPS. FY 2025 guidance at 5.500-5.500 EPS. Equities research analysts predict that Celestica, Inc. will post 4.35 EPS for the current fiscal year.

Hedge Funds Weigh In On Celestica

Hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC lifted its stake in Celestica by 1,516.7% in the 1st quarter. Farther Finance Advisors LLC now owns 679 shares of the technology company's stock valued at $54,000 after purchasing an additional 637 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Celestica by 66.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,334 shares of the technology company's stock valued at $578,000 after purchasing an additional 2,941 shares during the last quarter. ORG Partners LLC acquired a new stake in Celestica in the 1st quarter valued at about $29,000. Cambridge Investment Research Advisors Inc. lifted its stake in Celestica by 4.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 20,557 shares of the technology company's stock valued at $1,621,000 after purchasing an additional 964 shares during the last quarter. Finally, Flagship Harbor Advisors LLC lifted its stake in Celestica by 14.5% in the 1st quarter. Flagship Harbor Advisors LLC now owns 3,748 shares of the technology company's stock valued at $295,000 after purchasing an additional 475 shares during the last quarter. Institutional investors own 67.38% 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.

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