Celestica (CLS) to Release Quarterly Earnings on Wednesday

Celestica (TSE:CLS) (NYSE:CLS) is scheduled to announce its earnings results after the market closes on Wednesday, April 24th. Analysts expect the company to announce earnings of C$0.86 per share for the quarter.

Celestica (TSE:CLS) (NYSE:CLS) last announced its quarterly earnings results on Monday, January 29th. The company reported C$1.04 earnings per share for the quarter, beating the consensus estimate of C$0.92 by C$0.12. Celestica had a return on equity of 14.19% and a net margin of 3.07%. The firm had revenue of C$2.91 billion during the quarter, compared to analyst estimates of C$2.82 billion.

Celestica Price Performance

Shares of Celestica stock opened at C$63.13 on Wednesday. The company has a quick ratio of 0.54, a current ratio of 1.40 and a debt-to-equity ratio of 44.26. Celestica has a twelve month low of C$14.31 and a twelve month high of C$68.91. The business has a 50-day moving average price of C$59.32 and a 200 day moving average price of C$45.35. The firm has a market cap of C$7.53 billion, a PE ratio of 22.71, a P/E/G ratio of 0.14 and a beta of 2.35.

Insiders Place Their Bets

In other Celestica news, Director Alok K. Agrawal purchased 19,657 shares of the stock in a transaction dated Friday, February 2nd. The stock was acquired at an average cost of C$35.88 per share, for a total transaction of C$705,293.16. In related news, Senior Officer Yann Louis Etienvre sold 9,036 shares of the firm’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of C$36.64, for a total transaction of C$331,101.63. Also, Director Alok K. Agrawal bought 19,657 shares of the stock in a transaction that occurred on Friday, February 2nd. The shares were purchased at an average price of C$35.88 per share, with a total value of C$705,293.16. Insiders sold 428,759 shares of company stock valued at $20,884,473 in the last three months. 0.99% of the stock is currently owned by insiders.

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.