Celestica Inc. (TSE:CLS) Director Alok K. Agrawal Sells 6,826 Shares of Stock

Celestica Inc. (TSE:CLS) (NYSE:CLS) Director Alok K. Agrawal sold 6,826 shares of the company’s stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of C$191.50, for a total value of C$1,307,181.11.

Alok K. Agrawal also recently made the following trade(s):

• On Friday, January 31st, Alok K. Agrawal sold 1,763 shares of Celestica stock. The shares were sold at an average price of C$183.66, for a total value of C$323,800.28.
• On Monday, December 2nd, Alok K. Agrawal sold 1,550 shares of Celestica stock. The shares were sold at an average price of C$119.54, for a total value of C$185,293.91.

Celestica Stock Down 7.3 %

CLS opened at C$190.70 on Friday. The company has a quick ratio of 0.54, a current ratio of 1.47 and a debt-to-equity ratio of 52.78. The firm has a 50 day moving average price of C$145.06 and a 200-day moving average price of C$103.41. Celestica Inc. has a twelve month low of C$48.63 and a twelve month high of C$206.57. The stock has a market capitalization of C$22.62 billion, a price-to-earnings ratio of 45.19, a PEG ratio of 0.14 and a beta of 2.23.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. UBS Group upgraded Celestica to a “hold” rating in a research note on Friday, November 22nd. Cibc World Mkts raised shares of Celestica from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. BMO Capital Markets upped their target price on shares of Celestica from C$72.00 to C$140.00 in a report on Thursday, January 30th. Barclays raised shares of Celestica to a “strong-buy” rating in a report on Tuesday, November 5th. Finally, Cormark lifted their target price on shares of Celestica from C$93.00 to C$137.00 in a research report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus 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.