Insider Selling: Celestica Inc. (TSE:CLS) Senior Officer Sells 1,772 Shares of Stock

Celestica Inc. (TSE:CLS) (NYSE:CLS) Senior Officer Todd Christopher Cooper sold 1,772 shares of the stock in a transaction dated Friday, February 7th. The stock was sold at an average price of C$189.53, for a total value of C$335,851.06.

Celestica Stock Performance

TSE CLS opened at C$186.33 on Tuesday. The firm has a market capitalization of C$22.10 billion, a P/E ratio of 44.15, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23. 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’s fifty day moving average price is C$149.19 and its two-hundred day moving average price is C$105.61. Celestica Inc. has a 1 year low of C$48.67 and a 1 year high of C$206.57.

Analyst Ratings Changes

A number of research firms have weighed in on CLS. BMO Capital Markets upped their price target on Celestica from C$72.00 to C$140.00 in a research report on Thursday, January 30th. Cibc World Mkts upgraded shares of Celestica from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. Barclays upgraded shares of Celestica to a “strong-buy” rating in a research note on Tuesday, November 5th. UBS Group upgraded shares of Celestica to a “hold” rating in a research note on Friday, November 22nd. Finally, Cormark lifted their target price on Celestica from C$93.00 to C$137.00 in a research report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Celestica has a consensus 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.