Celestica Inc. (TSE:CLS) Senior Officer Sells C$1,741,689.20 in Stock

Celestica Inc. (TSE:CLS) (NYSE:CLS) Senior Officer Mandeep Chawla sold 9,483 shares of the stock in a transaction dated Friday, January 31st. The stock was sold at an average price of C$183.66, for a total transaction of C$1,741,689.20.

Mandeep Chawla also recently made the following trade(s):

• On Monday, February 3rd, Mandeep Chawla sold 87,341 shares of Celestica stock. The stock was sold at an average price of C$174.86, for a total transaction of C$15,272,532.16.
• On Monday, December 2nd, Mandeep Chawla sold 9,704 shares of Celestica stock. The stock was sold at an average price of C$119.54, for a total transaction of C$1,160,059.44.

Celestica Stock Down 7.3 %

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 company’s 50 day moving average is C$145.06 and its 200 day moving average is C$103.41. The stock has a market cap of C$22.62 billion, a price-to-earnings ratio of 45.19, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23. Celestica Inc. has a 1-year low of C$48.63 and a 1-year high of C$206.57.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CLS. Barclays raised shares of Celestica to a “strong-buy” rating in a report on Tuesday, November 5th. BMO Capital Markets increased their price target on shares of Celestica from C$72.00 to C$140.00 in a report on Thursday, January 30th. Cibc World Mkts upgraded shares of Celestica from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. UBS Group upgraded shares of Celestica to a “hold” rating in a research report on Friday, November 22nd. Finally, Cormark upped their price objective on shares of Celestica from C$93.00 to C$137.00 in a research report on Thursday, January 30th. Two equities research 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 stock. According to data from MarketBeat.com, the stock 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.