Celsius Holdings Inc. (NASDAQ:CELH) Receives $58.65 Consensus Price Target from Analysts

Celsius Holdings Inc. (NASDAQ:CELH) has earned a consensus recommendation of “Moderate Buy” from the twenty-five research firms that are covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and twenty-one have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $58.65.

A number of brokerages have weighed in on CELH. Sanford C. Bernstein reissued an “outperform” rating and set a $44.00 price target on shares of Celsius in a research report on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $44.00 target price on shares of Celsius in a research note on Friday, May 8th. TD Cowen decreased their target price on Celsius from $66.00 to $55.00 and set a “buy” rating on the stock in a report on Monday, April 20th. BNP Paribas Exane restated an “outperform” rating and issued a $57.00 price target (down from $70.00) on shares of Celsius in a research note on Tuesday, May 26th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Celsius in a report on Tuesday, May 19th.

Celsius Stock Performance

Shares of CELH opened at $28.89 on Thursday. The firm has a 50-day moving average of $29.84 and a 200-day moving average of $37.73. Celsius has a one year low of $26.54 and a one year high of $66.74. The company has a market cap of $7.39 billion, a PE ratio of 67.19, a price-to-earnings-growth ratio of 1.18 and a beta of 0.94. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.77 and a quick ratio of 1.43.

Celsius (NASDAQ:CELH) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.12. Celsius had a net margin of 5.85% and a return on equity of 37.95%. The company had revenue of $782.62 million for the quarter, compared to analyst estimates of $763.08 million. During the same period in the previous year, the business earned $0.18 EPS. Celsius’s revenue for the quarter was up 137.7% compared to the same quarter last year. As a group, equities analysts forecast that Celsius will post 1.59 earnings per share for the current year.

Insider Transactions at Celsius

In related news, CEO John Fieldly purchased 8,475 shares of the stock in a transaction on Friday, May 22nd. The shares were purchased at an average cost of $29.36 per share, with a total value of $248,826.00. Following the acquisition, the chief executive officer directly owned 937,540 shares in the company, valued at $27,526,174.40. The trade was a 0.91% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Hal Kravitz acquired 8,400 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were bought at an average price of $29.73 per share, with a total value of $249,732.00. Following the completion of the transaction, the director directly owned 227,158 shares of the company’s stock, valued at approximately $6,753,407.34. The trade was a 3.84% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 2.33% of the company’s stock.

Institutional Investors Weigh In On Celsius

A number of hedge funds and other institutional investors have recently modified their holdings of CELH. IFM Investors Pty Ltd bought a new position in Celsius during the first quarter worth about $1,275,000. Royal Bank of Canada raised its position in shares of Celsius by 79.2% in the first quarter. Royal Bank of Canada now owns 257,666 shares of the company’s stock valued at $9,179,000 after buying an additional 113,840 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of Celsius by 131.5% in the first quarter. NewEdge Advisors LLC now owns 23,166 shares of the company’s stock valued at $825,000 after buying an additional 13,159 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Celsius by 14.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 433,241 shares of the company’s stock worth $15,432,000 after buying an additional 53,844 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in Celsius by 244.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock worth $52,000 after acquiring an additional 794 shares during the period. 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.