Celestica (TSE:CLS) Reaches New 1-Year High at $81.56

Celestica Inc. (TSE:CLSGet Free Report) (NYSE:CLS) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$81.56 and last traded at C$81.38, with a volume of 30075 shares. The stock had previously closed at C$80.34.

Wall Street Analyst Weigh In

Separately, CIBC cut shares of Celestica from an “outperform” rating to a “neutral” rating and raised their price target for the stock from C$41.00 to C$49.00 in a report on Friday, April 26th.

Check Out Our Latest Report on Celestica

Celestica Stock Up 0.6 %

The stock has a market capitalization of C$9.63 billion, a price-to-earnings ratio of 22.27, a price-to-earnings-growth ratio of 0.14 and a beta of 2.35. The business’s 50-day moving average is C$64.93 and its two-hundred day moving average is C$52.01. The company has a quick ratio of 0.54, a current ratio of 1.42 and a debt-to-equity ratio of 48.65.

Celestica (TSE:CLSGet Free Report) (NYSE:CLS) last issued its earnings results on Wednesday, April 24th. The company reported C$0.90 EPS for the quarter, topping analysts’ consensus estimates of C$0.86 by C$0.04. The company had revenue of C$2.98 billion for the quarter, compared to the consensus estimate of C$2.83 billion. Celestica had a net margin of 3.86% and a return on equity of 19.10%. Equities analysts anticipate that Celestica Inc. will post 4.5426908 EPS for the current year.

Insiders Place Their Bets

In other Celestica news, Senior Officer Jason Phillips sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of C$51.75, for a total transaction of C$1,035,092.00. 0.99% of the stock is currently owned by company insiders.

Celestica Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Celestica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celestica and related companies with MarketBeat.com's FREE daily email newsletter.