Cormark Weighs in on Celestica's Q3 Earnings (NYSE:CLS)

Key Points

• Cormark has raised Celestica's Q3 2025 earnings per share estimate from $1.29 to $1.37, while also projecting a full-year earnings estimate of $4.35 per share for the current year.
• Celestica reported a Q2 earnings of $1.39 per share, exceeding estimates by $0.16, and achieved a revenue of $2.89 billion, which outperformed expectations of $2.65 billion.
• The stock currently carries an average rating of "Moderate Buy" among analysts, with a price target increase from various analysts raising interest in Celestica's potential for growth.

Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS - Research analysts at Cormark upped their Q3 2025 earnings per share (EPS) estimates for shares of Celestica in a research note issued on Tuesday, October 21st. Cormark analyst J. Pytlak now forecasts that the technology company will earn $1.37 per share for the quarter, up from their prior forecast of $1.29. The consensus estimate for Celestica's current full-year earnings is $4.35 per share. Cormark also issued estimates for Celestica's FY2025 earnings at $5.06 EPS, Q2 2026 earnings at $1.63 EPS, Q3 2026 earnings at $1.71 EPS, Q4 2026 earnings at $1.76 EPS and FY2026 earnings at $6.60 EPS.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last issued its quarterly earnings results on Monday, July 28th. The technology company reported $1.39 EPS for the quarter, beating analysts' consensus estimates of $1.23 by $0.16. Celestica had a return on equity of 28.23% and a net margin of 5.11%.The firm had revenue of $2.89 billion for the quarter, compared to analysts' expectations of $2.65 billion. During the same quarter in the prior year, the firm earned $0.91 EPS. The business's revenue for the quarter was up 21.0% compared to the same quarter last year. Celestica has set its Q3 2025 guidance at 1.370-1.530 EPS. FY 2025 guidance at 5.500-5.500 EPS.

Other research analysts have also recently issued research reports about the company. Wall Street Zen raised Celestica from a "hold" rating to a "buy" rating in a research report on Saturday, October 4th. UBS Group reaffirmed a "neutral" rating and set a $208.00 price target (up previously from $101.00) on shares of Celestica in a research report on Wednesday, July 30th. JPMorgan Chase & Co. boosted their price objective on Celestica from $225.00 to $295.00 and gave the company an "overweight" rating in a research note on Monday, September 8th. TD Securities lowered Celestica from a "buy" rating to a "hold" rating and boosted their price objective for the company from $130.00 to $238.00 in a research note on Friday, October 3rd. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Celestica in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Celestica presently has an average rating of "Moderate Buy" and an average target price of $249.36.

Celestica Stock Up 2.3%

Shares of NYSE CLS opened at $270.72 on Thursday. Celestica has a one year low of $55.30 and a one year high of $296.85. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.44 and a quick ratio of 0.86. The business's fifty day moving average price is $234.63 and its 200-day moving average price is $166.63. The stock has a market capitalization of $31.14 billion, a PE ratio of 58.60 and a beta of 1.88.

Institutional Trading of Celestica

Institutional investors and hedge funds have recently modified their holdings of the business. Jones Financial Companies Lllp raised its holdings in shares of Celestica by 1,103.8% in the 1st quarter. Jones Financial Companies Lllp now owns 24,486 shares of the technology company's stock valued at $1,930,000 after acquiring an additional 22,452 shares in the last quarter. Fortis Capital Advisors LLC purchased a new stake in shares of Celestica in the 2nd quarter valued at about $343,000. Think Investments LP purchased a new stake in shares of Celestica in the 1st quarter valued at about $14,939,000. Royal Bank of Canada raised its holdings in shares of Celestica by 1.5% in the 1st quarter. Royal Bank of Canada now owns 1,280,563 shares of the technology company's stock valued at $100,922,000 after acquiring an additional 19,391 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of Celestica by 79.3% in the 1st quarter. BNP Paribas Financial Markets now owns 991,776 shares of the technology company's stock valued at $78,162,000 after acquiring an additional 438,762 shares in the last quarter. Hedge funds and other institutional investors own 67.38% of the company's stock.

About Celestica

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.