Celestica Inc. (TSE:CLS) Senior Officer Mandeep Chawla Sells 87,341 Shares

Celestica Inc. (TSE:CLS) (NYSE:CLS) Senior Officer Mandeep Chawla sold 87,341 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of C$174.86, for a total value of C$15,272,532.16.

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

• On Friday, January 31st, Mandeep Chawla sold 9,483 shares of Celestica stock. The shares were sold at an average price of C$183.66, for a total transaction of C$1,741,689.20.
• 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 Performance

Shares of Celestica stock opened at C$190.70 on Friday. The firm has a 50 day simple moving average of C$145.06 and a 200 day simple moving average of C$103.41. 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 firm has a market cap of C$22.62 billion, a P/E ratio of 45.19, a P/E/G ratio of 0.14 and a beta of 2.23. Celestica Inc. has a fifty-two week low of C$48.63 and a fifty-two week high of C$206.57.

Analyst Ratings Changes

CLS has been the topic of several research reports. Cibc World Mkts upgraded shares of Celestica from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. Cormark boosted their price target on Celestica from C$93.00 to C$137.00 in a research report on Thursday, January 30th. BMO Capital Markets increased their price objective on Celestica from C$72.00 to C$140.00 in a research report on Thursday, January 30th. Barclays upgraded Celestica to a “strong-buy” rating in a research report on Tuesday, November 5th. Finally, UBS Group upgraded Celestica to a “hold” rating in a research note on Friday, November 22nd. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Celestica has an average rating of “Buy” and a consensus price target 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.