Weekly Research Analysts’ Ratings Updates for Celsius (CELH)

A number of firms have modified their ratings and price targets on shares of Celsius (NASDAQ: CELH) recently:

• 6/26/2024 – Celsius had its price target lowered by analysts at Stifel Nicolaus from $85.00 to $65.00. They now have a “buy” rating on the stock.
• 6/25/2024 – Celsius is now covered by analysts at Truist Financial Co.. They set a “hold” rating and a $60.00 price target on the stock.
• 6/25/2024 – Celsius had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $68.00 price target on the stock.
• 6/24/2024 – Celsius is now covered by analysts at BNP Paribas. They set an “outperform” rating and a $87.00 price target on the stock.
• 6/18/2024 – Celsius had its price target lowered by analysts at Maxim Group from $110.00 to $90.00. They now have a “buy” rating on the stock.
• 6/17/2024 – Celsius had its price target lowered by analysts at Roth Mkm from $96.00 to $87.00. They now have a “buy” rating on the stock.
• 6/13/2024 – Celsius had its price target lowered by analysts at TD Cowen from $95.00 to $85.00. They now have a “buy” rating on the stock.
• 6/13/2024 – Celsius had its price target lowered by analysts at Jefferies Financial Group Inc. from $104.00 to $98.00. They now have a “buy” rating on the stock.
• 6/12/2024 – Celsius had its price target lowered by analysts at Wedbush from $85.00 to $83.00. They now have an “outperform” rating on the stock.
• 6/12/2024 – Celsius had its price target lowered by analysts at Morgan Stanley from $75.00 to $68.00. They now have an “equal weight” rating on the stock.
• 6/12/2024 – Celsius had its price target lowered by analysts at Stifel Nicolaus from $95.00 to $85.00. They now have a “buy” rating on the stock.
• 6/11/2024 – Celsius had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $75.00 price target on the stock.
• 5/29/2024 – Celsius had its price target raised by analysts at Bank of America Co. from $80.00 to $84.00. They now have a “neutral” rating on the stock.
• 5/28/2024 – Celsius had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $75.00 price target on the stock.
• 5/8/2024 – Celsius had its price target lowered by analysts at UBS Group AG from $99.00 to $92.00. They now have a “buy” rating on the stock.
• 5/3/2024 – Celsius had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $100.00 price target on the stock.

Celsius Trading Down 0.3 %

Shares of Celsius stock traded down $0.15 on Tuesday, reaching $57.69. 1,286,465 shares of the company were exchanged, compared to its average volume of 5,010,445. The firm has a market capitalization of $13.45 billion, a price-to-earnings ratio of 63.40, a price-to-earnings-growth ratio of 1.65 and a beta of 1.91. Celsius Holdings, Inc. has a fifty-two week low of $45.03 and a fifty-two week high of $99.62. The stock has a fifty day moving average price of $74.76 and a 200-day moving average price of $70.36.

Celsius (NASDAQ:CELH) last announced its quarterly earnings data on Tuesday, May 7th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.07. Celsius had a return on equity of 111.29% and a net margin of 18.63%. The company had revenue of $355.70 million for the quarter, compared to analyst estimates of $390.37 million. During the same quarter last year, the firm earned $0.13 EPS. Celsius’s revenue for the quarter was up 36.9% compared to the same quarter last year. On average, equities analysts anticipate that Celsius Holdings, Inc. will post 1.07 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, major shareholder William H. Milmoe sold 428,568 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $59.67, for a total transaction of $25,572,652.56. Following the transaction, the insider now owns 25,464,453 shares in the company, valued at $1,519,463,910.51. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, major shareholder William H. Milmoe sold 428,574 shares of the stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $59.67, for a total transaction of $25,573,010.58. Following the completion of the sale, the insider now directly owns 23,964,450 shares in the company, valued at $1,429,958,731.50. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder William H. Milmoe sold 428,568 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $59.67, for a total value of $25,572,652.56. Following the completion of the transaction, the insider now directly owns 25,464,453 shares in the company, valued at $1,519,463,910.51. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,776,696 shares of company stock worth $107,920,209. 2.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Celsius

Several large investors have recently made changes to their positions in the business. Covestor Ltd increased its position in shares of Celsius by 12.9% in the first quarter. Covestor Ltd now owns 1,110 shares of the company’s stock valued at $92,000 after acquiring an additional 127 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Celsius by 0.7% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 27,624 shares of the company’s stock valued at $2,291,000 after purchasing an additional 181 shares in the last quarter. Lido Advisors LLC grew its position in shares of Celsius by 8.9% in the 3rd quarter. Lido Advisors LLC now owns 2,506 shares of the company’s stock worth $430,000 after buying an additional 205 shares during the period. Bleakley Financial Group LLC lifted its holdings in shares of Celsius by 1.2% during the first quarter. Bleakley Financial Group LLC now owns 18,557 shares of the company’s stock valued at $1,539,000 after purchasing an additional 215 shares during the last quarter. Finally, Tidal Investments LLC increased its holdings in shares of Celsius by 4.3% during the first quarter. Tidal Investments LLC now owns 6,025 shares of the company’s stock valued at $500,000 after acquiring an additional 249 shares in the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.

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.