Celsius (NASDAQ:CELH) Upgraded at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of Celsius (NASDAQ:CELHFree Report) from a hold rating to a buy rating in a research report released on Monday morning, Marketbeat.com reports. The firm currently has $44.00 price objective on the stock, down from their previous price objective of $56.00.

CELH has been the topic of a number of other reports. UBS Group reaffirmed a “buy” rating and issued a $70.00 target price (up from $65.00) on shares of Celsius in a research report on Wednesday, January 14th. KeyCorp initiated coverage on shares of Celsius in a research note on Tuesday, December 16th. They issued a “sector weight” rating for the company. JPMorgan Chase & Co. raised their price objective on Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Bank of America upgraded Celsius from an “underperform” rating to a “buy” rating and set a $65.00 target price on the stock in a research report on Friday, February 27th. Finally, Weiss Ratings raised Celsius from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, March 4th. Twenty research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Celsius presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.61.

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Celsius Price Performance

CELH stock opened at $34.33 on Monday. The business has a 50 day moving average price of $45.82 and a 200 day moving average price of $49.18. The company has a quick ratio of 1.37, a current ratio of 1.68 and a debt-to-equity ratio of 0.57. The stock has a market cap of $8.82 billion, a price-to-earnings ratio of 137.32, a PEG ratio of 1.21 and a beta of 1.13. Celsius has a fifty-two week low of $32.36 and a fifty-two week high of $66.74.

Celsius (NASDAQ:CELHGet Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.19 by $0.07. The company had revenue of $721.63 million for the quarter, compared to analyst estimates of $638.17 million. Celsius had a net margin of 4.29% and a return on equity of 37.68%. The firm’s revenue was up 117.2% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.11) earnings per share. Equities research analysts anticipate that Celsius will post 0.89 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Celsius

Large investors have recently modified their holdings of the stock. Norges Bank acquired a new position in Celsius in the 4th quarter valued at $140,803,000. Massachusetts Financial Services Co. MA purchased a new stake in shares of Celsius in the fourth quarter valued at about $115,321,000. Westfield Capital Management Co. LP purchased a new stake in shares of Celsius in the fourth quarter valued at about $70,632,000. BNP Paribas Financial Markets increased its stake in shares of Celsius by 389.1% during the third quarter. BNP Paribas Financial Markets now owns 1,713,170 shares of the company’s stock worth $98,490,000 after acquiring an additional 1,362,867 shares during the period. Finally, Scopus Asset Management L.P. acquired a new position in shares of Celsius during the second quarter worth about $59,382,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Key Headlines Impacting Celsius

Here are the key news stories impacting Celsius this week:

About Celsius

(Get Free Report)

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.

Further Reading

Analyst Recommendations for Celsius (NASDAQ:CELH)

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