Stifel Nicolaus analyst Matthew Sheerin maintained a Hold rating on Celestica (CLS – Research Report) today. The company’s shares closed yesterday at $43.25.
According to TipRanks, Sheerin is a 5-star analyst with an average return of 15.7% and a 71.23% success rate. Sheerin covers the Technology sector, focusing on stocks such as Eplus, Vishay Intertechnology, and Pure Storage.
In addition to Stifel Nicolaus, Celestica also received a Hold from CIBC’s Todd Coupland in a report issued today. However, yesterday, RBC Capital maintained a Buy rating on Celestica (NYSE: CLS).
CLS market cap is currently $5.22B and has a P/E ratio of 21.42.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CLS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Celestica (CLS) Company Description:
Celestica, Inc. engages in the provision of supply chain solutions globally to original equipment manufacturers and service providers in the communications, consumer, computing and diversified end markets. It operates through the Advanced Technology Solutions (ATS) and Connectivity and Cloud Solutions (CCS) business segments. The ATS segment comprises of aerospace and defense, industrial, smart energy, health tech, and capital equipment businesses. The CCS segment consists of enterprise communications, telecommunications, servers, and storage businesses. Celestica was founded in 1994 and is headquartered in Toronto, Canada.
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