Celsius (NASDAQ:CELH) Upgraded by Sanford C. Bernstein to “Strong-Buy” Rating

Sanford C. Bernstein upgraded shares of Celsius (NASDAQ:CELH) to a strong-buy rating in a research note released on Thursday,Zacks.com reports.

A number of other equities analysts have also recently weighed in on CELH. Needham & Company LLC upped their price target on Celsius from $70.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Weiss Ratings cut Celsius from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday. Jefferies Financial Group reaffirmed a “buy” rating on shares of Celsius in a research report on Tuesday, May 19th. BNP Paribas Exane reaffirmed an “outperform” rating and issued a $57.00 target price (down from $70.00) on shares of Celsius in a research report on Tuesday, May 26th. Finally, JPMorgan Chase & Co. cut their target price on Celsius from $77.00 to $67.00 and set an “overweight” rating on the stock in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Celsius has an average rating of “Moderate Buy” and an average target price of $63.50.

Celsius Stock Up 2.7%

NASDAQ CELH opened at $29.18 on Thursday. The stock has a market cap of $7.46 billion, a PE ratio of 67.86, a P/E/G ratio of 1.08 and a beta of 0.93. Celsius has a fifty-two week low of $27.47 and a fifty-two week high of $66.74. The business has a 50 day moving average price of $31.89 and a two-hundred day moving average price of $41.05. 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 released its quarterly earnings results on Thursday, May 7th. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.12. The firm had revenue of $782.62 million during the quarter, compared to analysts’ expectations of $763.08 million. Celsius had a return on equity of 37.95% and a net margin of 5.85%.Celsius’s quarterly revenue was up 137.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.18 EPS. As a group, sell-side analysts predict that Celsius will post 1.59 EPS for the current fiscal year.

Insider Buying and Selling

In other Celsius news, Director Hal Kravitz bought 8,400 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were bought at an average cost of $29.73 per share, with a total value of $249,732.00. Following the transaction, the director directly 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO John Fieldly bought 8,475 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was acquired at an average cost of $29.36 per share, for a total transaction of $248,826.00. Following the completion of the transaction, the chief executive officer owned 937,540 shares in the company, valued at $27,526,174.40. This represents a 0.91% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 2.33% of the company’s stock.

Institutional Investors Weigh In On Celsius

Several institutional investors and hedge funds have recently made changes to their positions in CELH. Norges Bank acquired a new stake in shares of Celsius during the 4th quarter valued at approximately $140,803,000. Massachusetts Financial Services Co. MA acquired a new stake in shares of Celsius during the 4th quarter valued at approximately $115,321,000. Westfield Capital Management Co. LP acquired a new stake in shares of Celsius during the 4th quarter valued at approximately $70,632,000. BNP Paribas Financial Markets raised its position in shares of Celsius by 389.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,713,170 shares of the company’s stock valued at $98,490,000 after acquiring an additional 1,362,867 shares in the last quarter. Finally, Scopus Asset Management L.P. acquired a new stake in shares of Celsius during the 2nd quarter valued at approximately $59,382,000. 60.95% of the stock is owned by institutional investors and hedge funds.

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.