Celestica (NYSE:CLS) Issues FY 2025 Earnings Guidance

Celestica (NYSE:CLS) (TSE:CLS) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 4.750-4.750 for the period, compared to the consensus EPS 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.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CLS shares. Canaccord Genuity Group raised 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. TD Securities lifted their target price on shares of Celestica from $70.00 to $107.00 and gave the stock a “buy” rating in a research report on Tuesday. BMO Capital Markets increased their price target on Celestica from $64.00 to $72.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. TD Cowen lifted their price objective on Celestica from $68.00 to $70.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Finally, Stifel Nicolaus upped their price objective on Celestica from $70.00 to $100.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $84.82.

Celestica Stock Performance

Shares of NYSE CLS traded up $5.98 during trading on Wednesday, hitting $100.46. The company had a trading volume of 7,635,466 shares, compared to its average volume of 4,045,220. Celestica has a 12 month low of $32.55 and a 12 month high of $131.23. 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 $11.69 billion, a P/E ratio of 31.89 and a beta of 2.25. The stock has a 50 day simple moving average of $97.08 and a 200 day simple moving average of $71.25.

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

Insiders Place Their Bets

In other 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 value of $2,468,250.00. Following the transaction, the director now owns 1,784 shares of the company’s stock, valued at approximately $176,134.32. The trade was a 93.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.00% of the stock is currently 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.