Celestica Inc. (TSE:CLS) Senior Officer Sells C$1,048,187.00 in Stock

Celestica Inc. (TSE:CLS) (NYSE:CLS) Senior Officer Mandeep Chawla sold 13,700 shares of the firm’s stock in a transaction on Thursday, June 13th. The shares were sold at an average price of C$76.51, for a total transaction of C$1,048,187.00.

Celestica Price Performance

Shares of CLS stock opened at C$76.57 on Friday. The firm has a market cap of C$9.10 billion, a P/E ratio of 20.75, a P/E/G ratio of 0.14 and a beta of 2.35. The company has a debt-to-equity ratio of 48.65, a current ratio of 1.42 and a quick ratio of 0.54. Celestica Inc. has a 1-year low of C$17.81 and a 1-year high of C$83.16. The firm has a fifty day moving average of C$68.16 and a two-hundred day moving average of C$55.41.

Celestica (TSE:CLS) (NYSE:CLS) last announced its quarterly earnings data on Wednesday, April 24th. The company reported C$0.90 earnings per share for the quarter, topping the consensus estimate of C$0.86 by C$0.04. The company had revenue of C$2.98 billion during the quarter, compared to analyst estimates of C$2.83 billion. Celestica had a net margin of 3.86% and a return on equity of 19.10%. As a group, research analysts anticipate that Celestica Inc. will post 4.5011198 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, CIBC lowered shares of Celestica from an “outperform” rating to a “neutral” rating and raised their price objective for the stock from C$41.00 to C$49.00 in a report on Friday, April 26th.

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.