Celestica (NYSE:CLS) Releases FY 2025 Earnings Guidance

Celestica (NYSE:CLS) (TSE:CLS) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.750-4.750 for the period, compared to the consensus estimate of 4.480. The company issued revenue guidance of $10.7 billion-$10.7 billion, compared to the consensus revenue estimate of $10.7 billion. Celestica also updated its Q1 2025 guidance to 1.060-1.160 EPS.

Celestica Trading Up 6.3 %

Shares of Celestica stock traded up $5.98 during trading hours on Wednesday, hitting $100.46. The company’s stock had a trading volume of 7,670,995 shares, compared to its average volume of 4,045,220. Celestica has a 1-year low of $32.55 and a 1-year high of $131.23. The business has a fifty day moving average of $97.08 and a 200 day moving average of $71.25. The company has a market capitalization of $11.69 billion, a PE ratio of 31.89 and a beta of 2.25. The company has a quick ratio of 0.87, a current ratio of 1.47 and a debt-to-equity ratio of 0.49.

Celestica (NYSE:CLS) (TSE:CLS) last released its quarterly earnings data on Wednesday, January 29th. The technology company reported $1.04 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.04. Celestica had a net margin of 4.08% and a return on equity of 21.58%. As a group, equities analysts forecast that Celestica will post 3.44 EPS for the current year.

Analyst Upgrades and Downgrades

CLS has been the subject of several recent research reports. Royal Bank of Canada increased their price objective on shares of Celestica from $75.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 8th. Barclays began coverage on shares of Celestica in a research report on Tuesday, November 5th. They issued an “overweight” rating and a $91.00 price objective for the company. UBS Group began coverage on shares of Celestica in a report on Friday, November 22nd. They set a “neutral” rating and a $95.00 price target for the company. TD Cowen raised their price target on shares of Celestica from $68.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, October 24th. 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 report on Tuesday. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, Celestica presently has a consensus rating of “Moderate Buy” and an average price target of $84.82.

Insiders Place Their Bets

In other news, Director Michael Wilson sold 25,000 shares of the firm’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $98.73, for a total value of $2,468,250.00. Following the transaction, the director now directly owns 1,784 shares in the company, valued at approximately $176,134.32. This trade represents a 93.34 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.00% of the stock is owned by company insiders.

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.