Celsius Holdings, Inc. (NASDAQ:CELH) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Celsius Holdings, Inc. (NASDAQ:CELH) have received an average rating of “Moderate Buy” from the fourteen ratings firms that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $85.10.

Several research firms have recently issued reports on CELH. Roth Mkm lifted their price objective on shares of Celsius from $90.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, March 14th. Stifel Europe lifted their price objective on shares of Celsius from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, March 18th. Wedbush boosted their target price on shares of Celsius from $75.00 to $90.00 and gave the company an “outperform” rating in a research note on Monday, March 4th. Jefferies Financial Group boosted their target price on shares of Celsius from $98.00 to $105.00 and gave the company a “buy” rating in a research note on Monday, March 18th. Finally, Maxim Group boosted their target price on shares of Celsius from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, April 1st.

Insider Activity

In other news, major shareholder Deborah Desantis sold 127,838 shares of the company’s stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $42.90, for a total transaction of $5,484,250.20. Following the transaction, the insider now owns 30,576,919 shares in the company, valued at $1,311,749,825.10. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, Director Caroline S. Levy sold 20,000 shares of the company’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $94.77, for a total transaction of $1,895,400.00. Following the transaction, the director now owns 37,891 shares in the company, valued at $3,590,930.07. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Deborah Desantis sold 127,838 shares of the stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $42.90, for a total transaction of $5,484,250.20. Following the completion of the transaction, the insider now owns 30,576,919 shares in the company, valued at approximately $1,311,749,825.10. The disclosure for this sale can be found here. Insiders have sold a total of 652,319 shares of company stock worth $43,575,475 over the last 90 days. 2.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Celsius

Several hedge funds and other institutional investors have recently bought and sold shares of CELH. Vanguard Group Inc. increased its holdings in Celsius by 183.6% in the 4th quarter. Vanguard Group Inc. now owns 13,746,472 shares of the company’s stock worth $749,458,000 after buying an additional 8,899,873 shares during the period. Wellington Management Group LLP increased its holdings in Celsius by 212.2% in the 4th quarter. Wellington Management Group LLP now owns 3,393,586 shares of the company’s stock worth $185,018,000 after buying an additional 2,306,598 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in Celsius by 424.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,793,210 shares of the company’s stock worth $152,287,000 after buying an additional 2,261,046 shares during the period. Eagle Asset Management Inc. increased its holdings in Celsius by 188.8% in the 4th quarter. Eagle Asset Management Inc. now owns 2,958,771 shares of the company’s stock worth $161,312,000 after buying an additional 1,934,400 shares during the period. Finally, Artisan Partners Limited Partnership acquired a new position in Celsius in the 4th quarter worth approximately $101,116,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

Celsius Price Performance

Celsius stock opened at $71.64 on Friday. The stock has a market cap of $16.55 billion, a P/E ratio of 92.64, a PEG ratio of 2.10 and a beta of 1.86. Celsius has a 1 year low of $29.92 and a 1 year high of $99.62. The firm’s 50 day moving average price is $79.60 and its 200-day moving average price is $64.68.

Celsius (NASDAQ:CELH) last released its quarterly earnings data on Thursday, February 29th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.01. The firm had revenue of $347.44 million for the quarter, compared to analysts’ expectations of $326.77 million. Celsius had a net margin of 17.21% and a return on equity of 131.58%. The company’s revenue for the quarter was up 95.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.01 earnings per share. As a group, equities analysts expect that Celsius will post 1.09 EPS for the current year.

Celsius Company Profile

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.