Brokers Offer Predictions for Celsius Holdings Inc.’s FY2017 Earnings (CELH)
Celsius Holdings Inc. (NASDAQ:CELH) – B. Riley decreased their FY2017 earnings per share (EPS) estimates for Celsius Holdings in a report released on Thursday. B. Riley analyst J. Van. Sinderen now anticipates that the company will earn ($0.11) per share for the year, down from their previous forecast of ($0.03). B. Riley currently has a “Buy” rating and a $7.00 price objective on the stock. B. Riley also issued estimates for Celsius Holdings’ Q4 2017 earnings at ($0.03) EPS and FY2018 earnings at $0.00 EPS.
Several other equities analysts have also recently weighed in on CELH. TheStreet raised Celsius Holdings from a “d” rating to a “c” rating in a report on Monday, August 28th. Zacks Investment Research raised Celsius Holdings from a “hold” rating to a “buy” rating and set a $6.25 price objective for the company in a report on Thursday.
ILLEGAL ACTIVITY NOTICE: “Brokers Offer Predictions for Celsius Holdings Inc.’s FY2017 Earnings (CELH)” was originally reported by Watch List News and is the sole property of of Watch List News. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://www.watchlistnews.com/brokers-offer-predictions-for-celsius-holdings-inc-s-fy2017-earnings-celh/1699160.html.
Celsius Holdings (CELH) opened at $5.41 on Monday. The company has a debt-to-equity ratio of 0.16, a current ratio of 3.79 and a quick ratio of 3.31. Celsius Holdings has a fifty-two week low of $2.05 and a fifty-two week high of $7.00.
Celsius Holdings (NASDAQ:CELH) last announced its quarterly earnings data on Wednesday, November 8th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $10.79 million during the quarter. Celsius Holdings had a negative net margin of 10.37% and a negative return on equity of 18.23%.
A hedge fund recently bought a new stake in Celsius Holdings stock. Arcus Capital Partners LLC acquired a new stake in Celsius Holdings Inc. (NASDAQ:CELH) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 559,201 shares of the company’s stock, valued at approximately $2,377,000. Celsius Holdings makes up about 1.5% of Arcus Capital Partners LLC’s portfolio, making the stock its 9th largest holding. Arcus Capital Partners LLC owned approximately 1.23% of Celsius Holdings at the end of the most recent quarter. 2.34% of the stock is currently owned by institutional investors and hedge funds.
About Celsius Holdings
Celsius Holdings, Inc is engaged in the development, marketing, sale and distribution of functional calorie-burning fitness beverages under the Celsius brand name. The Company’s product range includes Sparkling Grape Rush, Sparkling Watermelon, Sparkling Orange, Sparkling Wild Berry, Sparkling Cola, Raspberry Acai Green Tea, Peach Mango Green Tea, Flo Fusion Orange and Flo Fusion Berry.
Receive News & Ratings for Celsius Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celsius Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.