Celsius Holdings Inc. (NASDAQ:CELH) Receives $50.50 Average PT from Analysts

Shares of Celsius Holdings Inc. (NASDAQ:CELH) have been given an average rating of “Moderate Buy” by the twenty-five ratings firms that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and nineteen have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $50.50.

Several equities research analysts have recently weighed in on the company. Weiss Ratings cut Celsius from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Stephens dropped their price target on shares of Celsius from $65.00 to $50.00 and set an “overweight” rating on the stock in a research report on Monday, August 10th. Wall Street Zen cut shares of Celsius from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Rothschild & Co Redburn initiated coverage on Celsius in a report on Wednesday, May 6th. They set a “neutral” rating and a $47.00 price target for the company. Finally, Stifel Nicolaus set a $37.00 price objective on Celsius in a research report on Friday, August 7th.

Hedge Funds Weigh In On Celsius

A number of institutional investors and hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. grew its position in Celsius by 2,293.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 41,747 shares of the company’s stock valued at $1,952,000 after buying an additional 40,003 shares during the period. Hillsdale Investment Management Inc. purchased a new position in Celsius in the fourth quarter valued at approximately $3,316,000. Geode Capital Management LLC lifted its stake in Celsius by 8.4% in the fourth quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock valued at $163,112,000 after purchasing an additional 277,424 shares during the last quarter. Fifth Third Bancorp grew its holdings in Celsius by 4,648.1% during the first quarter. Fifth Third Bancorp now owns 92,873 shares of the company’s stock valued at $3,295,000 after purchasing an additional 90,917 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of Celsius by 4.6% during the 4th quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock worth $826,750,000 after acquiring an additional 802,743 shares during the period. 60.95% of the stock is currently owned by institutional investors.

Celsius Price Performance

NASDAQ:CELH opened at $33.36 on Monday. Celsius has a one year low of $23.56 and a one year high of $66.74. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.80 and a quick ratio of 1.42. The company has a market cap of $8.44 billion, a PE ratio of 139.00, a P/E/G ratio of 2.78 and a beta of 0.95. The firm’s 50 day simple moving average is $29.61 and its 200 day simple moving average is $34.74.

Celsius (NASDAQ:CELH) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.05). Celsius had a net margin of 4.24% and a return on equity of 36.52%. The business had revenue of $817.93 million during the quarter, compared to analyst estimates of $870.08 million. During the same quarter last year, the company posted $0.47 earnings per share. The company’s revenue was up 10.6% compared to the same quarter last year. On average, research analysts anticipate that Celsius will post 1.47 earnings per share for the current year.

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.