{
}
Director Michael Wilson sold 25,000 shares of Celestica Inc. for $2,468,250 on January 6, while President Todd C. Cooper sold 65,000 shares for $8,435,700 on February 7, reducing their holdings significantly. Insiders have sold a total of 959,381 shares valued at $119 million over the last quarter, with 1% of the stock owned by insiders. Celestica operates in supply chain solutions across North America, Europe, and Asia, and has received positive ratings from several analysts, with a current consensus rating of "Moderate Buy."
Celestica Inc. has received a range of ratings from analysts, with a consensus of "Moderate Buy" and an average price target of $110.83. Recent upgrades include a shift from "hold" to "strong-buy" by Cibc World Mkts, and a price objective increase to $150.00. The company, which provides supply chain solutions across various regions, has seen significant institutional investment, with 67.38% of its stock held by hedge funds and other investors.
UBS analysts estimate that approximately one-third of Apple's iPhone business will be affected by new U.S. tariffs on China, Canada, and Mexico, potentially leading to a 3% decline in annual EPS and a 100 basis point pressure on gross margins. While some tech companies have diversified their supply chains, others, like Jabil, face significant risks due to their operations in tariff-impacted regions. UBS anticipates that these tariffs will remain in place for an extended period, giving the U.S. some negotiating leverage over Canada and Mexico.
UBS has initiated coverage of Celestica Inc. (NYSE:CLS) with a Neutral rating and a $95 price target, citing balanced growth prospects in AI infrastructure despite cyclical demand. The firm is already pricing in over 10% growth over the next decade, exceeding its 2025 revenue growth guidance of 8.3%. Investors are advised to wait for a more favorable entry point.
Celestica (TSE:CLS) has received an upgraded "hold" rating from UBS Group, while TD Securities raised its price target from C$55.00 to C$61.00, maintaining a "buy" rating. The stock has a consensus rating of "Moderate Buy" with an average price target of C$44.00. Recent insider sales totaled over C$23 million, indicating significant trading activity among executives.
Celestica Inc. specializes in developing, manufacturing, and providing hardware platforms and supply chain solutions across two main segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The ATS segment includes Aerospace & Defense, Industrial, HealthTech, and Capital Equipment, while CCS focuses on Communication and Enterprise markets, offering a range of services such as design, manufacturing, and systems integration.
UBS Group has initiated coverage of Celestica (NYSE: CLS) with a "neutral" rating and a price target of $95, indicating a potential upside of 3.63%. The stock has received mixed ratings from analysts, with three holding and nine buying, while its recent quarterly earnings surpassed expectations with a revenue increase of 24.8% year-over-year. Institutional investors hold 67.38% of the stock, reflecting strong interest in the technology company's supply chain solutions.
The Tiger Grandcub, led by Glen Kacher, has maintained its status as a top performer, with its long-short fund gaining 5.78% in October, bringing its year-to-date return to 53.26%. Light Street Capital's long-only fund rose 3.84% in October, up 39.85% for the year. The firm remains bullish on AI and semiconductor stocks, with Nvidia and TSMC as major holdings, while also initiating a position in Celestica, which surged 34% in October.
The Healthcare Electronics Contract Manufacturing market is poised for significant growth, driven by technological advancements and increasing demand for medical devices. Key players like Flex Ltd., Jabil Inc., and Sanmina Corporation are focusing on strategic collaborations and innovations to enhance their market presence. The report highlights regional market dynamics, growth opportunities, and the impact of various factors influencing the industry landscape.
Celestica Inc.
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
insider trading activity at celestica includes significant stock sales by executives
08:29 20.03.2025
celestica receives multiple analyst upgrades and maintains strong market interest
08:52 16.03.2025
apple's iphone business faces significant impact from new us tariffs
United States Dollar
Apple Inc.
NetApp, Inc.
Celestica Inc.
THA
NLD
CHN
TWN
CAN
USA
MEX
VNM
PHL
SGP
HUN
Show more
16:27 03.02.2025
ubs initiates coverage of celestica with neutral rating and price target
07:29 24.11.2024
celestica stock rating upgraded to hold by ubs group analysts
12:49 23.11.2024
celestica inc receives neutral rating from ubs amid diverse supply chain solutions
18:09 22.11.2024
ubs initiates coverage of celestica with neutral rating and price target
Celestica Inc.
Price T Rowe Associates Inc. MD
UBS Group AG
Vaughan Nelson Investment Management L.P.
Vanguard Group Inc.
Whale Rock Capital Management LLC
Dimensional Fund Advisors LP
CAN
Show more
13:53 22.11.2024
light street capital excels with strong gains in turbulent market conditions
Taiwan Semiconductor Manufacturing
Celestica Inc.
NVIDIA Corporation
Advanced Micro Devices, Inc.
USA
TWN
Glen Kacher
Blackstone
Intel
Show more
22:21 05.11.2024
healthcare electronics contract manufacturing market trends and growth opportunities 2024 to 2031
Jabil Inc.
Flex Ltd.
Sanmina Corporation
Celestica Inc.
Plexus Corp.
FRA
RUS
GBR
ITA
ESP
TUR
USA
KOR
SAU
JPN
MEX
IDN
BRA
ISR
CHN
IND
DEU
TWN
CAN
Jabil Inc.
Flex Ltd.
Sanmina Corporation
Celestica Inc.
Plexus Corp.
Show more
10:40 04.11.2024
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Finance Mergers & Acquisitions
Industry Mergers & Acquisitions
Global Financial Events
Market Analysis and Predictions
Banking Regulations
Financial Scams and Security
Retail and Consumer Goods
CEO Changes
Global Trade Developments
Central Bank Actions
Supply Chain Management
Startups & Entrepreneurship
Government Policies
Government Economic Policies
AI Innovations
Energy Sector Developments
Economic Sanctions
Countries:
Companies:
Barclays PLC
Tesla, Inc.
JPMorgan Chase & Co.
Bank of America Corporation
The Goldman Sachs Group, Inc.
NVIDIA Corporation
Wells Fargo & Company
Apple Inc.
UniCredit S.p.A.
UBS Group AG
Banco BPM S.p.A.
Amazon.com, Inc.
Citigroup Inc.
Google Inc.
Credit Suisse Real Estate Fund Siat
Deutsche Bank RV Global PP
BNP Paribas SA
Commerzbank AG
Lloyds Banking Group plc
Huawei Technologies CO. Ltd.
Currencies:
United States Dollar
Euro
Indian Rupee
Swiss Franc
British Pound Sterling
Chinese Yuan
Japanese Yen
Hong Kong Dollar
Danish Krone
Australian Dollar
United Arab Emirates Dirham
Swedish Krona
Singapore Dollar
South Korean Won
Canadian Dollar
Russian Ruble
Malaysian Ringgit
Offshore Chinese Yuan
Kuwaiti Dinar
Ghanaian Cedi
People: