TheStreet upgraded shares of Celsius (NASDAQ:CELH) from a d rating to a c+ rating in a report issued on Friday morning, TheStreetRatingsTable reports.

Several other brokerages have also recently weighed in on CELH. Maxim Group reiterated a buy rating and issued a $8.00 price objective on shares of Celsius in a research note on Thursday, March 14th. Zacks Investment Research upgraded shares of Celsius from a hold rating to a buy rating and set a $4.75 price objective on the stock in a research note on Tuesday, February 5th. One analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of $6.58.

Shares of NASDAQ CELH opened at $3.95 on Friday. The company has a current ratio of 3.53, a quick ratio of 2.07 and a debt-to-equity ratio of 0.37. The stock has a market cap of $229.23 million, a PE ratio of -17.17 and a beta of 0.88. Celsius has a 52-week low of $3.05 and a 52-week high of $5.07.

Celsius (NASDAQ:CELH) last announced its quarterly earnings results on Thursday, May 9th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.02. The firm had revenue of $14.49 million for the quarter, compared to the consensus estimate of $14.26 million. Celsius had a net margin of 5.97% and a negative return on equity of 59.91%. On average, equities research analysts forecast that Celsius will post -0.01 earnings per share for the current fiscal year.

Several large investors have recently modified their holdings of the company. Arcus Capital Partners LLC lifted its stake in shares of Celsius by 309.6% in the 1st quarter. Arcus Capital Partners LLC now owns 21,341,255 shares of the company’s stock worth $90,914,000 after purchasing an additional 16,130,891 shares during the period. BlackRock Inc. raised its stake in Celsius by 2.6% during the 1st quarter. BlackRock Inc. now owns 1,180,123 shares of the company’s stock worth $5,027,000 after acquiring an additional 30,240 shares during the period. Vanguard Group Inc raised its stake in Celsius by 19.5% during the 3rd quarter. Vanguard Group Inc now owns 700,390 shares of the company’s stock worth $2,822,000 after acquiring an additional 114,425 shares during the period. Vanguard Group Inc. raised its stake in Celsius by 19.5% during the 3rd quarter. Vanguard Group Inc. now owns 700,390 shares of the company’s stock worth $2,822,000 after acquiring an additional 114,425 shares during the period. Finally, Granite Investment Partners LLC raised its stake in Celsius by 242.4% during the 1st quarter. Granite Investment Partners LLC now owns 299,057 shares of the company’s stock worth $1,274,000 after acquiring an additional 211,705 shares during the period. Hedge funds and other institutional investors own 48.26% of the company’s stock.

About Celsius

Celsius Holdings, Inc develops, markets, distributes, and sells functional calorie-burning fitness beverages in the United States and internationally. The company offers its beverages in various flavors, including carbonated orange, wild berry, cola, grape, kiwi-guava, and watermelon; and non-carbonated green tea raspberry/acai, green tea/peach mango, pineapple coconut, watermelon berry, and strawberries and cream, as well as sparkling grapefruit, cucumber lime, and orange pomegranate under the Celsius name.

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