What is Cormark’s Estimate for Celestica Q1 Earnings?

Celestica Inc. (NYSE:CLS) (TSE:CLS) – Cormark lifted their Q1 2025 EPS estimates for Celestica in a research report issued on Tuesday, April 22nd. Cormark analyst J. Pytlak now anticipates that the technology company will earn $1.02 per share for the quarter, up from their previous forecast of $1.01. The consensus estimate for Celestica’s current full-year earnings is $4.35 per share. Cormark also issued estimates for Celestica’s FY2025 earnings at $4.36 EPS, Q1 2026 earnings at $1.35 EPS, Q4 2026 earnings at $1.42 EPS and FY2026 earnings at $5.41 EPS.

A number of other equities analysts have also weighed in on CLS. JPMorgan Chase & Co. reduced their price objective on Celestica from $166.00 to $105.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Cibc World Mkts upgraded Celestica from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. Royal Bank of Canada lowered their price objective on Celestica from $160.00 to $120.00 and set an “outperform” rating on the stock in a research report on Tuesday. Stifel Nicolaus boosted their target price on shares of Celestica from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, February 19th. Finally, TD Securities raised their price target on shares of Celestica from $70.00 to $107.00 and gave the company a “buy” rating in a research report on Tuesday, January 28th. Two equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Celestica has a consensus rating of “Moderate Buy” and a consensus price target of $101.58.

Celestica Stock Up 6.6 %

Shares of CLS stock opened at $88.21 on Wednesday. The stock’s 50-day simple moving average is $91.77 and its 200-day simple moving average is $91.58. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.87 and a current ratio of 1.47. The firm has a market capitalization of $10.23 billion, a PE ratio of 23.59 and a beta of 2.09. Celestica has a fifty-two week low of $40.25 and a fifty-two week high of $144.27.

Insider Buying and Selling

In other Celestica news, CEO Robert Mionis sold 441,325 shares of Celestica stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $122.28, for a total value of $53,965,221.00. Following the transaction, the chief executive officer now owns 531,417 shares in the company, valued at $64,981,670.76. This trade represents a 45.37 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Alok K. Agrawal sold 6,826 shares of Celestica stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $133.92, for a total value of $914,137.92. Following the completion of the transaction, the insider now directly owns 9,224 shares in the company, valued at $1,235,278.08. This represents a 42.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 934,381 shares of company stock worth $116,673,769. 1.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Celestica

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Independent Advisor Alliance grew its position in Celestica by 0.3% in the 4th quarter. Independent Advisor Alliance now owns 29,588 shares of the technology company’s stock worth $2,731,000 after purchasing an additional 79 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of Celestica by 4.6% during the fourth quarter. Jones Financial Companies Lllp now owns 2,034 shares of the technology company’s stock worth $188,000 after buying an additional 89 shares during the period. CoreCap Advisors LLC grew its holdings in Celestica by 5.4% in the 4th quarter. CoreCap Advisors LLC now owns 1,760 shares of the technology company’s stock worth $162,000 after buying an additional 90 shares in the last quarter. Pinpoint Asset Management Ltd raised its stake in Celestica by 109.6% during the 4th quarter. Pinpoint Asset Management Ltd now owns 348 shares of the technology company’s stock valued at $32,000 after acquiring an additional 182 shares in the last quarter. Finally, Bay Rivers Group boosted its position in Celestica by 1.1% during the 1st quarter. Bay Rivers Group now owns 19,494 shares of the technology company’s stock worth $1,536,000 after acquiring an additional 215 shares during the period. Hedge funds and other institutional investors own 67.38% 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.