19,965 Shares in Celestica, Inc. $CLS Bought by Gunderson Capital Management Inc.

Key Points

• Gunderson Capital Management Inc. acquired a new stake in Celestica, purchasing 19,965 shares worth approximately $3.12 million, making it 1.3% of their investment portfolio.
• Celestica reported a 21% year-over-year revenue increase with $2.89 billion during the last quarter, and exceeded analysts' EPS expectations.
• Analyst ratings for Celestica suggest a consensus price target of $207.38, with a mix of ratings from "Strong Buy" to "Hold" among various research firms.

Gunderson Capital Management Inc. bought a new stake in shares of Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 19,965 shares of the technology company's stock, valued at approximately $3,117,000. Celestica comprises 1.3% of Gunderson Capital Management Inc.'s investment portfolio, making the stock its 27th largest holding.

A number of other institutional investors have also recently bought and sold shares of the stock. ORG Partners LLC purchased a new stake in Celestica during the first quarter valued at about $29,000. Center for Financial Planning Inc. purchased a new stake in shares of Celestica in the first quarter valued at $30,000. ST Germain D J Co. Inc. acquired a new stake in shares of Celestica in the second quarter worth $37,000. Farther Finance Advisors LLC grew its holdings in shares of Celestica by 1,516.7% during the first quarter. Farther Finance Advisors LLC now owns 679 shares of the technology company's stock valued at $54,000 after buying an additional 637 shares in the last quarter. Finally, Wolff Wiese Magana LLC lifted its position in Celestica by 45.6% in the 2nd quarter. Wolff Wiese Magana LLC now owns 364 shares of the technology company's stock worth $57,000 after buying an additional 114 shares in the last quarter. Hedge funds and other institutional investors own 67.38% of the company's stock.

Celestica Stock Up 2.0%

Shares of Celestica stock opened at $260.00 on Friday. The firm has a market cap of $29.91 billion, a PE ratio of 56.28 and a beta of 1.88. The business's 50 day simple moving average is $223.32 and its 200 day simple moving average is $155.17. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.86 and a current ratio of 1.44. Celestica, Inc. has a 52-week low of $55.30 and a 52-week high of $261.83.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last posted its quarterly earnings data on Monday, July 28th. The technology company reported $1.39 EPS for the quarter, topping analysts' consensus estimates of $1.23 by $0.16. The company had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.65 billion. Celestica had a net margin of 5.11% and a return on equity of 28.23%. The company's quarterly revenue was up 21.0% on a year-over-year basis. During the same period in the prior 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. On average, analysts predict that Celestica, Inc. will post 4.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on CLS. UBS Group reissued a "neutral" rating and issued a $208.00 price target (up previously from $101.00) on shares of Celestica in a research report on Wednesday, July 30th. Barclays lifted their price target on Celestica from $146.00 to $220.00 and gave the company an "overweight" rating in a report on Wednesday, July 30th. TD Securities lowered shares of Celestica from a "buy" rating to a "hold" rating and increased their price objective for the company from $130.00 to $238.00 in a report on Friday, October 3rd. Wall Street Zen upgraded shares of Celestica from a "hold" rating to a "buy" rating in a research report on Saturday, October 4th. Finally, CICC Research started coverage on shares of Celestica in a report on Tuesday, August 19th. They set an "outperform" rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $207.38.

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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