Celestica Inc. (TSE:CLS) Senior Officer Mandeep Chawla Sells 9,483 Shares

Celestica Inc. (TSE:CLS) (NYSE:CLS) Senior Officer Mandeep Chawla sold 9,483 shares of the business’s stock in a transaction on Friday, January 31st. The stock was sold at an average price of C$183.66, for a total value of C$1,741,689.20.

Mandeep Chawla also recently made the following trade(s):

• 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 Up 7.9 %

Shares of CLS traded up C$13.83 during mid-day trading on Tuesday, hitting C$189.94. 905,022 shares of the company’s stock were exchanged, compared to its average volume of 863,701. The company has a 50-day simple moving average of C$142.00 and a 200 day simple moving average of C$101.79. The company has a debt-to-equity ratio of 52.78, a current ratio of 1.47 and a quick ratio of 0.54. The company has a market cap of C$22.53 billion, a PE ratio of 45.01, a P/E/G ratio of 0.14 and a beta of 2.23. Celestica Inc. has a 52 week low of C$47.98 and a 52 week high of C$194.05.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Cormark raised their target price on Celestica from C$93.00 to C$137.00 in a report on Thursday, January 30th. UBS Group upgraded Celestica to a “hold” rating in a report on Friday, November 22nd. Cibc World Mkts upgraded Celestica from a “hold” rating to a “strong-buy” rating in a report on Friday. Barclays upgraded Celestica to a “strong-buy” rating in a report on Tuesday, November 5th. Finally, BMO Capital Markets increased their target price on Celestica from C$72.00 to C$140.00 in a research note 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average 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.