Celsius (NASDAQ:CELH) Stock Price Up 9.1% – Here’s What Happened

Celsius Holdings Inc. (NASDAQ:CELH)’s stock price shot up 9.1% on Wednesday . The stock traded as high as $32.16 and last traded at $31.9330. 4,273,780 shares were traded during trading, a decline of 41% from the average session volume of 7,282,434 shares. The stock had previously closed at $29.28.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CELH shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of Celsius in a research report on Tuesday, May 19th. Weiss Ratings cut Celsius from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $44.00 target price on shares of Celsius in a research report on Friday, May 8th. TD Cowen lowered their target price on Celsius from $66.00 to $55.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Finally, Roth Mkm reiterated a “buy” rating and set a $57.00 target price (down from $65.00) on shares of Celsius in a report on Thursday, June 25th. Twenty-one equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Celsius has a consensus rating of “Moderate Buy” and a consensus price target of $60.90.

Celsius Price Performance

The stock has a market cap of $8.48 billion, a PE ratio of 77.12, a P/E/G ratio of 1.27 and a beta of 0.94. The company has a current ratio of 1.77, a quick ratio of 1.43 and a debt-to-equity ratio of 0.53. The company’s 50 day moving average is $30.54 and its 200-day moving average is $39.85.

Celsius (NASDAQ:CELH) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 5.85% and a return on equity of 37.95%. The firm’s revenue was up 137.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.18 EPS. As a group, sell-side analysts predict that Celsius Holdings Inc. will post 1.59 earnings per share for the current year.

Insider Transactions at Celsius

In other Celsius news, Director Hal Kravitz acquired 8,400 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were bought at an average cost of $29.73 per share, for a total transaction of $249,732.00. Following the acquisition, the director directly owned 227,158 shares of the company’s stock, valued at $6,753,407.34. This trade represents a 3.84% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 Trading of Celsius

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in Celsius by 4.6% in the fourth quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock valued at $826,750,000 after acquiring an additional 802,743 shares in the last quarter. Geode Capital Management LLC grew its holdings in Celsius by 8.4% during the 4th quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock worth $163,112,000 after acquiring an additional 277,424 shares in the last quarter. Norges Bank bought a new stake in shares of Celsius in the 4th quarter worth about $140,803,000. Massachusetts Financial Services Co. MA bought a new stake in shares of Celsius in the 4th quarter worth about $115,321,000. Finally, Ameriprise Financial Inc. increased its position 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 purchasing an additional 426,623 shares during the last quarter. Institutional investors and hedge funds own 60.95% of the company’s stock.

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.