Celsius (NASDAQ:CELH) Reaches New 1-Year Low – Here’s What Happened

Celsius Holdings Inc. (NASDAQ:CELH)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $32.30 and last traded at $32.1540, with a volume of 137281 shares. The stock had previously closed at $32.62.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on CELH shares. Weiss Ratings upgraded shares of Celsius from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, March 4th. Needham & Company LLC lifted their price objective on shares of Celsius from $70.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Citigroup lowered their price objective on shares of Celsius from $65.00 to $60.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Piper Sandler reiterated an “overweight” rating and set a $65.00 price objective (up from $61.00) on shares of Celsius in a research note on Thursday, January 29th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $64.00 price objective on shares of Celsius in a research note on Tuesday, March 17th. Twenty equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $65.89.

Celsius Stock Down 0.6%

The company has a market capitalization of $8.33 billion, a price-to-earnings ratio of 129.75, a P/E/G ratio of 1.19 and a beta of 1.13. The business’s 50-day moving average is $39.96 and its 200-day moving average is $46.14. The company has a quick ratio of 1.37, a current ratio of 1.68 and a debt-to-equity ratio of 0.57.

Celsius (NASDAQ:CELH) last posted its earnings results on Thursday, February 26th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.07. The company had revenue of $721.63 million during the quarter, compared to the consensus estimate of $638.17 million. Celsius had a net margin of 4.29% and a return on equity of 37.68%. The firm’s quarterly revenue was up 117.2% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.11) earnings per share. As a group, equities analysts predict that Celsius Holdings Inc. will post 1.6 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. OFI Invest Asset Management purchased a new position in Celsius in the fourth quarter valued at $22,705,000. Sequoia Financial Advisors LLC purchased a new position in Celsius in the third quarter valued at $1,619,000. Braun Stacey Associates Inc. increased its holdings in Celsius by 15.1% in the third quarter. Braun Stacey Associates Inc. now owns 595,901 shares of the company’s stock valued at $34,258,000 after buying an additional 78,027 shares in the last quarter. Allianz Asset Management GmbH increased its holdings in Celsius by 68.1% in the third quarter. Allianz Asset Management GmbH now owns 116,682 shares of the company’s stock valued at $6,708,000 after buying an additional 47,281 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA purchased a new position in Celsius in the fourth quarter valued at $115,321,000. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Celsius Company Profile

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.