Pure Financial Advisors LLC Buys Shares of 1,567 Celestica, Inc. $CLS

Key Points

• Pure Financial Advisors LLC has acquired 1,567 shares of Celestica, Inc., valued at approximately $245,000, during the 2nd quarter.
• Celestica's share price has shown significant movement, with a 52-week low of $52.25 and a high of $261.83, reflecting its strong market performance.
• The company reported earnings of $1.39 EPS for the latest quarter, surpassing analysts' expectations and marking a revenue increase of 21% year-over-year.

Pure Financial Advisors LLC purchased a new stake in shares of Celestica, Inc. (NYSE:CLS - Free Report) TSE: CLS during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,567 shares of the technology company's stock, valued at approximately $245,000.

Other large investors also recently modified their holdings of the company. Jones Financial Companies Lllp boosted its position in Celestica by 1,103.8% in the first quarter. Jones Financial Companies Lllp now owns 24,486 shares of the technology company's stock worth $1,930,000 after purchasing an additional 22,452 shares during the last quarter. Consolidated Planning Corp bought a new position in shares of Celestica in the 1st quarter worth approximately $3,361,000. Think Investments LP purchased a new position in shares of Celestica in the first quarter worth approximately $14,939,000. Royal Bank of Canada grew its position in Celestica by 1.5% during the first quarter. Royal Bank of Canada now owns 1,280,563 shares of the technology company's stock valued at $100,922,000 after buying an additional 19,391 shares during the period. Finally, BNP Paribas Financial Markets increased its holdings in Celestica by 79.3% during the first quarter. BNP Paribas Financial Markets now owns 991,776 shares of the technology company's stock valued at $78,162,000 after buying an additional 438,762 shares during the last quarter. Institutional investors own 67.38% of the company's stock.

Celestica Price Performance

Shares of NYSE:CLS opened at $234.08 on Friday. The firm has a market cap of $26.93 billion, a price-to-earnings ratio of 50.67 and a beta of 1.88. The firm has a fifty day moving average price of $219.11 and a 200 day moving average price of $151.41. Celestica, Inc. has a fifty-two week low of $52.25 and a fifty-two week high of $261.83. 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 (NYSE:CLS - Get Free Report) TSE: CLS last announced its quarterly earnings results on Monday, July 28th. The technology company reported $1.39 EPS for the quarter, topping the consensus estimate of $1.23 by $0.16. Celestica had a net margin of 5.11% and a return on equity of 28.23%. The business had revenue of $2.89 billion for the quarter, compared to analysts' expectations of $2.65 billion. During the same quarter in the previous year, the company earned $0.91 EPS. The business's quarterly revenue 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. As a group, sell-side analysts expect that Celestica, Inc. will post 4.35 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Canaccord Genuity Group upped their price objective on Celestica from $126.00 to $240.00 and gave the stock a "buy" rating in a research note on Wednesday, July 30th. Weiss Ratings restated a "buy (b)" rating on shares of Celestica in a research report on Saturday, September 27th. Wall Street Zen raised Celestica from a "hold" rating to a "buy" rating in a research report on Saturday. Citigroup increased their target price on shares of Celestica from $172.00 to $212.00 and gave the stock a "neutral" rating in a report on Wednesday, July 30th. Finally, TD Cowen reaffirmed a "hold" rating and set a $238.00 price target on shares of Celestica in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $207.38.

Celestica 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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