Alok K. Agrawal Sells 6,826 Shares of Celestica Inc. (TSE:CLS) Stock

Celestica Inc. (TSE:CLS) (NYSE:CLS) Director Alok K. Agrawal sold 6,826 shares of the stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of C$191.50, for a total value of C$1,307,181.11.

Alok K. Agrawal also recently made the following trade(s):

• On Friday, January 31st, Alok K. Agrawal sold 1,763 shares of Celestica stock. The stock was sold at an average price of C$183.66, for a total value of C$323,800.28.
• On Monday, December 2nd, Alok K. Agrawal sold 1,550 shares of Celestica stock. The stock was sold at an average price of C$119.54, for a total value of C$185,293.91.

Celestica Stock Down 9.3 %

CLS stock traded down C$19.16 on Thursday, reaching C$186.46. 639,976 shares of the company traded hands, compared to its average volume of 883,858. Celestica Inc. has a one year low of C$48.63 and a one year high of C$206.57. The company has a debt-to-equity ratio of 52.78, a current ratio of 1.47 and a quick ratio of 0.54. The company has a market cap of C$22.11 billion, a P/E ratio of 44.18, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23. The firm has a fifty day simple moving average of C$145.06 and a 200-day simple moving average of C$103.41.

Analysts Set New Price Targets

CLS has been the topic of several recent research reports. UBS Group upgraded Celestica to a “hold” rating in a research report on Friday, November 22nd. Barclays upgraded Celestica to a “strong-buy” rating in a research note on Tuesday, November 5th. Cibc World Mkts upgraded Celestica from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. Cormark raised their target price on Celestica from C$93.00 to C$137.00 in a research note on Thursday, January 30th. Finally, BMO Capital Markets raised their target price on Celestica from C$72.00 to C$140.00 in a research note on Thursday, January 30th. Two analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$96.75.

Celestica Company Profile

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.