Celsius (NASDAQ:CELH) Reaches New 52-Week Low – Here’s Why

Celsius Holdings Inc. (NASDAQ:CELH) shares reached a new 52-week low on Tuesday . The stock traded as low as $28.77 and last traded at $30.64, with a volume of 20333439 shares. The stock had previously closed at $32.29.

Analysts Set New Price Targets

CELH has been the topic of a number of recent analyst reports. TD Cowen decreased their target price on Celsius from $66.00 to $55.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Citigroup cut their target price on Celsius from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Rothschild & Co Redburn began coverage on Celsius in a research note on Wednesday, May 6th. They issued a “neutral” rating and a $47.00 price objective on the stock. UBS Group decreased their target price on shares of Celsius from $72.00 to $62.00 and set a “buy” rating for the company in a research report on Tuesday, April 7th. Finally, Needham & Company LLC raised their price target on shares of Celsius from $70.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Twenty investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $63.89.

Celsius Stock Up 3.6%

The firm has a market cap of $7.38 billion, a price-to-earnings ratio of 64.86, a PEG ratio of 1.12 and a beta of 0.95. The firm has a 50 day moving average of $36.83 and a 200 day moving average of $44.17. 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 (NASDAQ:CELH) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.12. The firm had revenue of $782.62 million for the quarter, compared to analyst estimates of $763.08 million. Celsius had a return on equity of 37.95% and a net margin of 5.85%.The company’s revenue was up 137.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.18 earnings per share. As a group, sell-side analysts predict that Celsius Holdings Inc. will post 1.59 earnings per share for the current year.

Institutional Investors Weigh In On Celsius

Several hedge funds and other institutional investors have recently made changes to their positions in CELH. Vanguard Group Inc. boosted its holdings in Celsius by 4.6% during the fourth quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock worth $826,750,000 after purchasing an additional 802,743 shares during the last quarter. Geode Capital Management LLC increased its stake in Celsius by 8.4% in the 4th quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock valued at $163,112,000 after buying an additional 277,424 shares during the last quarter. Norges Bank bought a new position in shares of Celsius during the 4th quarter worth approximately $140,803,000. Massachusetts Financial Services Co. MA bought a new position in shares of Celsius during the 4th quarter worth approximately $115,321,000. Finally, Ameriprise Financial Inc. boosted its stake in shares of Celsius by 20.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock worth $114,587,000 after buying an additional 426,623 shares during the last quarter. 60.95% of the stock is owned by institutional investors.

About Celsius

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.