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 company’s stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of C$191.50, for a total transaction 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 shares were sold at an average price of C$119.54, for a total value of C$185,293.91.

Celestica Stock Down 2.9 %

Shares of CLS stock opened at C$185.26 on Friday. The company has a market capitalization of C$21.97 billion, a price-to-earnings ratio of 43.90, a P/E/G ratio of 0.14 and a beta of 2.23. Celestica Inc. has a 12-month low of C$48.67 and a 12-month high of C$206.57. The firm has a fifty day moving average of C$146.54 and a 200-day moving average of C$104.02. The company has a quick ratio of 0.54, a current ratio of 1.47 and a debt-to-equity ratio of 52.78.

Wall Street Analysts Forecast Growth

CLS has been the subject of a number of recent analyst reports. Barclays raised Celestica to a “strong-buy” rating in a research note on Tuesday, November 5th. Cibc World Mkts upgraded shares of Celestica from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. UBS Group raised shares of Celestica to a “hold” rating in a report on Friday, November 22nd. Cormark raised their price objective on Celestica from C$93.00 to C$137.00 in a research note on Thursday, January 30th. Finally, BMO Capital Markets boosted 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 given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$96.75.

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.