Celestica (NYSE:CLS) Cut to Hold at Zacks Research

Zacks Research lowered shares of Celestica (NYSE:CLS) (TSE:CLS) from a strong-buy rating to a hold rating in a report issued on Monday morning,Zacks.com reports.

Several other research firms also recently commented on CLS. Wall Street Zen upgraded Celestica from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Citigroup reduced their price objective on Celestica from $375.00 to $338.00 and set a “buy” rating on the stock in a report on Friday, January 30th. Royal Bank Of Canada restated an “outperform” rating and set a $400.00 price objective on shares of Celestica in a report on Thursday, January 22nd. BMO Capital Markets restated an “outperform” rating on shares of Celestica in a report on Monday, January 26th. Finally, Wolfe Research upgraded Celestica to a “strong-buy” rating in a report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $355.39.

Celestica Trading Up 7.6%

CLS opened at $319.97 on Monday. The stock’s fifty day moving average is $283.79 and its two-hundred day moving average is $294.02. The company has a market capitalization of $36.79 billion, a P/E ratio of 44.56 and a beta of 1.88. Celestica has a 52 week low of $68.83 and a 52 week high of $363.40. The company has a quick ratio of 0.88, a current ratio of 1.44 and a debt-to-equity ratio of 0.34.

Insider Activity

In other news, insider Yann L. Etienvre sold 86,229 shares of Celestica stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $287.45, for a total value of $24,786,526.05. The sale was disclosed in a filing with the SEC, which is available through this link. Also, President Jason Phillips sold 100,000 shares of Celestica stock in a transaction on Friday, February 6th. The shares were sold at an average price of $308.92, for a total value of $30,892,000.00. Following the completion of the transaction, the president owned 12,584 shares in the company, valued at $3,887,449.28. This represents a 88.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 297,923 shares of company stock worth $88,027,459. 0.52% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of Celestica by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 4,811,695 shares of the technology company’s stock valued at $1,423,333,000 after acquiring an additional 73,022 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Celestica by 24.8% in the 4th quarter. JPMorgan Chase & Co. now owns 4,017,623 shares of the technology company’s stock valued at $1,187,650,000 after acquiring an additional 798,782 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Celestica by 5,806,149.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,657,937 shares of the technology company’s stock valued at $1,081,323,000 after acquiring an additional 3,657,874 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in shares of Celestica by 471.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,146,928 shares of the technology company’s stock valued at $775,133,000 after acquiring an additional 2,596,318 shares during the period. Finally, Franklin Resources Inc. increased its holdings in shares of Celestica by 18.6% in the 4th quarter. Franklin Resources Inc. now owns 2,278,214 shares of the technology company’s stock valued at $673,471,000 after acquiring an additional 356,797 shares during the period. 67.38% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Celestica

Here are the key news stories impacting Celestica this week:

• Positive Sentiment: Bullish earnings preview argues Celestica is positioned to benefit from a surge in AI infrastructure demand, forecasting upside to results as data‑center customers scale deployments. Celestica: The AI Infrastructure Titan Ready To Explode (Earnings Preview)
• Positive Sentiment: Coverage highlights Celestica’s increasing role in AI data centers—supplying high‑speed networking, storage and compute solutions—which supports revenue leverage if AI capex remains strong. Can Celestica’s Robust AI Data Center Offerings Propel Its Shares?
• Positive Sentiment: Company moves to scale production capacity across its footprint to meet rising demand for AI and networking hardware, which could help shorten delivery timelines and win larger contracts. Celestica (NYSE:CLS) Scales Production Capabilities Across NYSE Composite
• Positive Sentiment: Momentum/market‑share narrative: analysts and media note a multi‑hundred percent one‑year gain driven by AI demand and partnerships (including AMD tie‑ups), which attracts flows and momentum investors. Celestica Stock Rises 262.3% in the Past Year: How to Play the Stock
• Neutral Sentiment: Brokerage consensus sits around a “moderate buy”—supportive but not unanimous—leaving room for divergent analyst views to move the stock near earnings. Celestica, Inc. (NYSE:CLS) Receives Average Recommendation of “Moderate Buy” from Brokerages
• Neutral Sentiment: Several pieces ask whether the stock’s multi‑year gains leave attractive entry points today; these articles focus on valuation and investor timing rather than new company fundamentals. Is It Too Late To Consider Celestica (TSX:CLS) After Its 1-Year 322% Surge?
• Negative Sentiment: Zacks downgraded Celestica from “strong‑buy” to “hold,” signaling some analyst caution that could weigh on near‑term sentiment. Zacks.com
• Negative Sentiment: Coverage also flags concentration risk: heavy reliance on AI capex and sensitivity to broader macro cycles could produce volatile results if enterprise spending slows. Celestica Stock Rises 262.3% in the Past Year: How to Play the Stock

Celestica Company Profile

Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.

The company’s service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.