Michael M. Wilson Sells 45,000 Shares of Celestica Inc. (TSE:CLS) Stock

Celestica Inc. (TSE:CLS) (NYSE:CLS) Director Michael M. Wilson sold 45,000 shares of the company’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of C$34.05, for a total transaction of C$1,532,205.00.

Celestica Stock Performance

CLS opened at C$35.12 on Friday. The company has a current ratio of 1.43, a quick ratio of 0.54 and a debt-to-equity ratio of 45.52. The company’s fifty day moving average price is C$33.34 and its two-hundred day moving average price is C$25.34. Celestica Inc. has a 1-year low of C$14.31 and a 1-year high of C$37.58. The company has a market cap of C$4.19 billion, a price-to-earnings ratio of 15.07, a PEG ratio of 0.14 and a beta of 2.24.

Celestica (TSE:CLS) (NYSE:CLS) last released its quarterly earnings data on Wednesday, October 25th. The company reported C$0.87 earnings per share for the quarter, topping the consensus estimate of C$0.81 by C$0.06. The firm had revenue of C$2.74 billion for the quarter, compared to the consensus estimate of C$2.63 billion. Celestica had a net margin of 2.58% and a return on equity of 12.27%. On average, analysts expect that Celestica Inc. will post 3.6926316 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada upped their price objective on shares of Celestica from C$22.00 to C$30.00 and gave the stock an “outperform” rating in a report on Thursday, October 5th.

Celestica Company Profile

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through Advanced Technology Solutions, and Connectivity & Cloud Solutions segments. 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.