Celestica Inc. (TSE:CLS) Director Sells C$3,572,234.80 in Stock

Celestica Inc. (TSE:CLS) (NYSE:CLS) Director Robert Andrew Mionis sold 20,429 shares of Celestica stock in a transaction on Monday, February 3rd. The shares were sold at an average price of C$174.86, for a total value of C$3,572,234.80.

Celestica Price Performance

CLS stock opened at C$190.70 on Friday. The company has a current ratio of 1.47, a quick ratio of 0.54 and a debt-to-equity ratio of 52.78. The firm has a 50 day moving average of C$145.06 and a 200-day moving average of C$103.41. Celestica Inc. has a 12-month low of C$48.63 and a 12-month high of C$206.57. The company has a market cap of C$22.62 billion, a price-to-earnings ratio of 45.19, a PEG ratio of 0.14 and a beta of 2.23.

Analysts Set New Price Targets

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