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

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CELH. Citigroup lowered their price target on shares of Celsius from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Roth Mkm restated a “buy” rating on shares of Celsius in a research report on Monday, February 9th. Weiss Ratings upgraded shares of Celsius from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, March 4th. TD Cowen decreased their price objective on shares of Celsius from $66.00 to $55.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Twenty analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $65.72.

Celsius Stock Performance

The company has a quick ratio of 1.37, a current ratio of 1.68 and a debt-to-equity ratio of 0.57. The company’s 50-day moving average is $39.53 and its two-hundred day moving average is $45.96. The company has a market capitalization of $8.62 billion, a P/E ratio of 134.28, a PEG ratio of 1.18 and a beta of 1.13.

Celsius (NASDAQ:CELH) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.19 by $0.07. The firm had revenue of $721.63 million for 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 business’s revenue was up 117.2% compared to the same quarter last year. During the same period last year, the firm posted ($0.11) earnings per share. Equities analysts anticipate that Celsius Holdings Inc. will post 1.6 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CELH. Norges Bank purchased a new position in shares of Celsius during the fourth quarter worth approximately $140,803,000. Massachusetts Financial Services Co. MA bought a new position in shares of Celsius in the fourth quarter worth approximately $115,321,000. Westfield Capital Management Co. LP purchased a new position in shares of Celsius in the fourth quarter worth $70,632,000. BNP Paribas Financial Markets increased its stake in shares of Celsius by 389.1% in the third quarter. BNP Paribas Financial Markets now owns 1,713,170 shares of the company’s stock worth $98,490,000 after buying an additional 1,362,867 shares during the period. Finally, Scopus Asset Management L.P. purchased a new position in shares of Celsius in the second quarter worth $59,382,000. 60.95% of the stock is owned by hedge funds and other institutional investors.

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.