Celestica (NYSE:CLS) Updates Q1 2025 Earnings Guidance

Celestica (NYSE:CLS) (TSE:CLS) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.060-1.160 for the period, compared to the consensus EPS estimate of 1.000. The company issued revenue guidance of $2.5 billion-$2.6 billion, compared to the consensus revenue estimate of $2.4 billion. Celestica also updated its FY 2025 guidance to 4.750-4.750 EPS.

Celestica Stock Up 6.3 %

NYSE:CLS traded up $5.98 during trading hours on Wednesday, hitting $100.46. 7,635,466 shares of the stock traded hands, compared to its average volume of 4,045,220. The firm has a 50 day moving average price of $97.08 and a 200 day moving average price of $71.25. The firm has a market cap of $11.69 billion, a price-to-earnings ratio of 31.89 and a beta of 2.25. Celestica has a fifty-two week low of $32.55 and a fifty-two week high of $131.23. The company has a current ratio of 1.47, a quick ratio of 0.87 and a debt-to-equity ratio of 0.49.

Celestica (NYSE:CLS) (TSE:CLS) last posted its quarterly earnings results on Wednesday, January 29th. The technology company reported $1.04 earnings per share for the quarter, meeting the consensus estimate of $1.04. Celestica had a return on equity of 21.58% and a net margin of 4.08%. Equities research analysts anticipate that Celestica will post 3.44 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. UBS Group started coverage on shares of Celestica in a research report on Friday, November 22nd. They set a “neutral” rating and a $95.00 price objective on the stock. Canaccord Genuity Group boosted their price target on shares of Celestica from $77.00 to $110.00 and gave the company a “buy” rating in a report on Friday, December 20th. Royal Bank of Canada increased their price objective on Celestica from $75.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, January 8th. BMO Capital Markets boosted their target price on Celestica from $64.00 to $72.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, TD Securities raised their price target on Celestica from $70.00 to $107.00 and gave the stock a “buy” rating in a research note on Tuesday. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $84.82.

Insider Buying and Selling

In other Celestica news, Director Michael Wilson sold 25,000 shares of the business’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $98.73, for a total transaction of $2,468,250.00. Following the completion of the transaction, the director now owns 1,784 shares of the company’s stock, valued at $176,134.32. The trade was a 93.34 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.00% 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.