Celsius Holdings Inc. (NASDAQ:CELH) Receives Average Rating of “Moderate Buy” from Analysts

Celsius Holdings Inc. (NASDAQ:CELH) has received an average recommendation of “Moderate Buy” from the twenty-one research firms that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and fourteen have given a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $43.3750.

Several research analysts have issued reports on CELH shares. Weiss Ratings cut Celsius from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. Zacks Research cut shares of Celsius from a “hold” rating to a “strong sell” rating in a research note on Friday, August 7th. UBS Group set a $44.00 price target on shares of Celsius and gave the company a “buy” rating in a report on Friday, August 7th. Wall Street Zen upgraded shares of Celsius from a “sell” rating to a “hold” rating in a report on Saturday, September 12th. Finally, The Goldman Sachs Group set a $45.00 price objective on shares of Celsius in a research note on Monday, August 10th.

Insider Buying and Selling

In related news, Director Damon DeSantis acquired 16,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The shares were acquired at an average price of $27.95 per share, with a total value of $447,200.00. Following the completion of the purchase, the director directly owned 2,728,187 shares in the company, valued at approximately $76,252,826.65. The trade was a 0.59% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Hal Kravitz purchased 12,000 shares of the firm’s stock in a transaction on Tuesday, September 15th. The shares were purchased at an average cost of $28.00 per share, for a total transaction of $336,000.00. Following the completion of the purchase, the director directly owned 239,158 shares in the company, valued at $6,696,424. The trade was a 5.28% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired 66,000 shares of company stock worth $1,830,120 in the last three months. Corporate insiders own 2.33% of the company’s stock.

Institutional Investors Weigh In On Celsius

Several hedge funds have recently made changes to their positions in the business. The Manufacturers Life Insurance Company grew its position in shares of Celsius by 5.9% in the second quarter. The Manufacturers Life Insurance Company now owns 126,289 shares of the company’s stock valued at $3,698,000 after purchasing an additional 7,010 shares during the period. Tidal Investments LLC lifted its position in Celsius by 10.4% during the second quarter. Tidal Investments LLC now owns 8,640 shares of the company’s stock worth $253,000 after buying an additional 812 shares during the period. WINTON GROUP Ltd purchased a new position in Celsius during the second quarter worth about $744,000. Engineers Gate Manager LP boosted its stake in Celsius by 470.8% in the 2nd quarter. Engineers Gate Manager LP now owns 87,492 shares of the company’s stock worth $2,562,000 after buying an additional 72,163 shares during the last quarter. Finally, Maven Securities LTD acquired a new stake in Celsius in the 2nd quarter worth about $1,192,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

More Celsius News

Here are the key news stories impacting Celsius this week:

• Positive Sentiment: CEO John Fieldly reportedly bought 18,000 shares following CELH’s sharp decline, signaling that management may view the current valuation as attractive. Celsius CEO insider purchase report
• Positive Sentiment: Director Damon DeSantis purchased a combined 36,000 shares for approximately $1 million at average prices near $28, while Director Hal Kravitz bought 12,000 shares for $336,000. The open-market purchases increase insider exposure and may reassure investors that directors see potential value after the selloff. Celsius director purchase report
• Positive Sentiment: Analysts maintain a “Moderate Buy” consensus and an average price target of $43.38, substantially above recent trading levels. However, some firms have lowered targets or downgraded the stock, showing that the bullish view is not unanimous. Celsius analyst price target report
• Neutral Sentiment: CELH remains below its 50-day and 200-day moving averages. Its elevated earnings multiple makes the shares particularly sensitive to changes in growth expectations.
• Negative Sentiment: Pomerantz announced a securities class action against Celsius and certain officers. The allegations, which have not been proven, could create legal expenses, reputational pressure and uncertainty around the company’s disclosures and business outlook. Pomerantz Celsius class action announcement
• Negative Sentiment: The latest quarter missed consensus estimates for both EPS and revenue, despite 10.6% year-over-year revenue growth, raising concerns about profitability and execution.

Celsius Stock Performance

Shares of Celsius stock opened at $28.34 on Friday. The firm’s fifty day simple moving average is $29.69 and its 200-day simple moving average is $32.44. Celsius has a 12 month low of $23.56 and a 12 month high of $66.74. The stock has a market capitalization of $7.17 billion, a price-to-earnings ratio of 118.08, a PEG ratio of 1.96 and a beta of 0.93. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.80 and a quick ratio of 1.42.

Celsius (NASDAQ:CELH) last announced its earnings results on Thursday, August 6th. The company reported $0.36 earnings per share 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 company had revenue of $817.93 million during the quarter, compared to analysts’ expectations of $870.08 million. During the same quarter last year, the business posted $0.47 earnings per share. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. As a group, equities analysts forecast that Celsius will post 1.45 earnings per share for the current year.

Celsius Company Profile

Celsius Holdings, Inc develops, markets and distributes functional, better-for-you beverages under the CELSIUS brand. Its products are positioned as energy drinks designed to support active lifestyles and are marketed with claims related to fitness, metabolism and sustained energy. The company offers a range of carbonated and noncarbonated beverages in various flavors and formulations, including CELSIUS Originals, CELSIUS Vibe and CELSIUS Essentials, as well as powdered drink mixes and other related products.

The company sells its beverages through a broad network of retail and e-commerce channels, including convenience stores, grocery stores, drugstores, warehouse clubs, gyms and other specialty outlets.