Cormark Has Bearish Estimate for Celestica Q1 Earnings

Celestica Inc. (TSE:CLS - Free Report) NYSE: CLS - Stock analysts at Cormark cut their Q1 2026 EPS estimates for Celestica in a report released on Tuesday, April 22nd. Cormark analyst J. Pytlak now forecasts that the company will post earnings per share of $1.89 for the quarter, down from their previous estimate of $1.94. The consensus estimate for Celestica's current full-year earnings is $5.03 per share. Cormark also issued estimates for Celestica's Q2 2026 earnings at $1.79 EPS, Q3 2026 earnings at $1.90 EPS, Q4 2026 earnings at $1.98 EPS and FY2026 earnings at $7.56 EPS.

Several other analysts have also recently issued reports on CLS. Cibc World Mkts upgraded shares of Celestica from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 31st. Canaccord Genuity Group lowered their target price on shares of Celestica from C$138.00 to C$126.00 and set a "buy" rating for the company in a research note on Monday. Finally, BMO Capital Markets decreased their price objective on shares of Celestica from C$140.00 to C$118.00 in a report on Monday. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Celestica has a consensus rating of "Buy" and an average price target of C$110.50.

Celestica Price Performance

Shares of TSE:CLS traded down C$3.45 during midday trading on Wednesday, reaching C$120.00. 465,892 shares of the company were exchanged, compared to its average volume of 1,067,448. The stock has a market cap of C$10.15 billion, a PE ratio of 27.34, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23. The business's fifty day moving average is C$126.83 and its two-hundred day moving average is C$130.60. The company has a current ratio of 1.47, a quick ratio of 0.54 and a debt-to-equity ratio of 51.72. Celestica has a one year low of C$55.10 and a one year high of C$206.57.

Insider Activity at Celestica

In related news, Senior Officer Todd Christopher Cooper sold 1,772 shares of the company's stock in a transaction dated Friday, February 7th. The shares were sold at an average price of C$189.53, for a total value of C$335,851.06. Also, Director Alok K. Agrawal sold 6,826 shares of the business's stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of C$191.50, for a total transaction of C$1,307,181.11. Insiders sold 127,614 shares of company stock worth $22,553,289 over the last three months. Company insiders own 1.00% 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.