Celsius (NASDAQ:CELH) Reaches New 1-Year Low on Disappointing Earnings

Shares of Celsius Holdings Inc. (NASDAQ:CELH) hit a new 52-week low on Thursday after the company announced weaker than expected quarterly earnings. The stock traded as low as $25.00 and last traded at $25.6760, with a volume of 3440110 shares trading hands. The stock had previously closed at $29.15.

The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.06). Celsius had a return on equity of 37.95% and a net margin of 5.85%.The firm had revenue of $817.93 million during the quarter, compared to the consensus estimate of $870.09 million. During the same period in the previous year, the company posted $0.47 EPS. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CELH. Weiss Ratings lowered Celsius from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 11th. UBS Group cut their price objective on Celsius from $55.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, June 30th. Roth Capital restated a “buy” rating and issued a $57.00 price objective (down from $65.00) on shares of Celsius in a research report on Thursday, June 25th. Needham & Company LLC lowered their target price on shares of Celsius from $75.00 to $55.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Finally, BNP Paribas Exane reiterated an “outperform” rating and set a $57.00 target price (down from $70.00) on shares of Celsius in a research report on Tuesday, May 26th. Twenty-one research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Celsius has an average rating of “Moderate Buy” and a consensus target price of $58.65.

Insider Buying and Selling at Celsius

In related news, Director Hal Kravitz bought 8,400 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was purchased at an average cost of $29.73 per share, with a total value of $249,732.00. Following the transaction, the director owned 227,158 shares in the company, valued at approximately $6,753,407.34. This trade represents a 3.84% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO John Fieldly bought 8,475 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was purchased at an average cost of $29.36 per share, with a total value of $248,826.00. Following the transaction, the chief executive officer directly owned 937,540 shares in the company, valued at approximately $27,526,174.40. This represents a 0.91% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 2.33% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CELH. Norges Bank purchased a new stake in Celsius during the 4th quarter valued at $140,803,000. Massachusetts Financial Services Co. MA bought a new stake in Celsius during the fourth quarter valued at about $115,321,000. Westfield Capital Management Co. LP bought a new stake in Celsius during the fourth quarter valued at about $70,632,000. Scopus Asset Management L.P. bought a new stake in shares of Celsius during the second quarter valued at approximately $59,382,000. Finally, Clearbridge Investments LLC purchased a new position in Celsius during the 4th quarter worth $45,137,000. Institutional investors own 60.95% of the company’s stock.

Celsius Stock Performance

The firm has a 50 day moving average price of $29.73 and a 200 day moving average price of $36.88. The stock has a market cap of $6.46 billion, a PE ratio of 59.32, a price-to-earnings-growth ratio of 1.31 and a beta of 0.95. The company has a quick ratio of 1.43, a current ratio of 1.77 and a debt-to-equity ratio of 0.53.

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.