Celestica Inc. (TSE:CLS) Director Sells C$323,800.28 in Stock

Celestica Inc. (TSE:CLS) (NYSE:CLS) Director Alok K. Agrawal sold 1,763 shares of Celestica stock in a transaction dated Friday, January 31st. The shares were sold at an average price of C$183.66, for a total value of C$323,800.28.

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

• On Wednesday, February 5th, Alok K. Agrawal sold 6,826 shares of Celestica stock. The shares were sold at an average price of C$191.50, for a total transaction of C$1,307,181.11.
• 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 Performance

Shares of CLS opened at C$190.70 on Friday. The company has a market capitalization of C$22.62 billion, a PE ratio of 45.19, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23. The company has a debt-to-equity ratio of 52.78, a current ratio of 1.47 and a quick ratio of 0.54. Celestica Inc. has a one year low of C$48.63 and a one year high of C$206.57. The company’s fifty day moving average price is C$145.06 and its 200 day moving average price is C$103.41.

Analyst Ratings Changes

Several brokerages have recently commented on CLS. Cibc World Mkts upgraded shares of Celestica from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. Barclays raised shares of Celestica to a “strong-buy” rating in a research report on Tuesday, November 5th. BMO Capital Markets boosted their price target on Celestica from C$72.00 to C$140.00 in a research report on Thursday, January 30th. Cormark increased their price objective on Celestica from C$93.00 to C$137.00 in a report on Thursday, January 30th. Finally, UBS Group raised Celestica to a “hold” rating in a research note on Friday, November 22nd. Two research analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Celestica has a consensus rating of “Buy” and an average price target of C$96.75.

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.