Celestica Inc. (TSE:CLS) Senior Officer Sells C$15,272,532.16 in Stock
Celestica Inc. (TSE:CLS) Senior Officer Mandeep Chawla sold 87,341 shares at C$174.86, totaling C$15,272,532.16 on February 3rd. This follows previous sales of 9,483 shares at C$183.66 and 9,704 shares at C$119.54. The stock recently traded down to C$188.40, with a market cap of C$22.34 billion. Analysts have upgraded Celestica to a "strong-buy" rating, with a consensus rating of "Buy" and an average target price of C$96.75. The company provides supply chain solutions across various sectors.
Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS Senior Officer Mandeep Chawla sold 87,341 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of C$174.86, for a total value of C$15,272,532.16.
Mandeep Chawla also recently made the following trade(s):
- On Friday, January 31st, Mandeep Chawla sold 9,483 shares of Celestica stock. The shares were sold at an average price of C$183.66, for a total transaction of C$1,741,689.20.
- 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 Performance
Shares of Celestica stock traded down C$17.22 on Thursday, reaching C$188.40. 769,881 shares of the stock were exchanged, compared to its average volume of 890,182. The business has a 50 day moving average price of C$145.06 and a two-hundred day moving average price of C$103.41. The firm has a market capitalization of C$22.34 billion, a price-to-earnings ratio of 44.64, a PEG ratio of 0.14 and a beta of 2.23. Celestica Inc. has a twelve month low of C$48.63 and a twelve month high of C$206.57. The company has a quick ratio of 0.54, a current ratio of 1.47 and a debt-to-equity ratio of 52.78.
Analyst Ratings Changes
Several research analysts recently weighed in on the company. 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. UBS Group raised shares of Celestica to a "hold" rating in a research report on Friday, November 22nd. BMO Capital Markets boosted their target price on shares of Celestica from C$72.00 to C$140.00 in a research report on Thursday, January 30th. Finally, Cormark raised their price target on shares of Celestica from C$93.00 to C$137.00 in a report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of C$96.75.
View Our Latest Report on CLS
Celestica Company Profile
(Get Free Report)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.
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