Celsius (NASDAQ:CELH) Shares Gap Down – Time to Sell?

Celsius Holdings Inc. (NASDAQ:CELH)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $35.23, but opened at $33.90. Celsius shares last traded at $33.8980, with a volume of 1,261,278 shares changing hands.

Analyst Upgrades and Downgrades

CELH has been the subject of several research reports. Weiss Ratings cut shares of Celsius from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. Bank of America dropped their price objective on Celsius from $55.00 to $45.00 and set a “buy” rating on the stock in a research report on Wednesday, June 24th. Stifel Nicolaus set a $37.00 price objective on shares of Celsius in a research note on Friday, August 7th. Roth Capital reissued a “buy” rating and set a $48.00 target price on shares of Celsius in a research report on Friday, August 7th. Finally, Maxim Group lowered shares of Celsius from a “buy” rating to a “hold” rating in a research report on Friday, August 7th. Eighteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $50.05.

Celsius Stock Performance

The company has a market capitalization of $8.52 billion, a PE ratio of 140.23, a price-to-earnings-growth ratio of 2.95 and a beta of 0.95. The firm’s fifty day simple moving average is $29.94 and its 200 day simple moving average is $34.45. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.80 and a quick ratio of 1.42.

Celsius (NASDAQ:CELH) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.05). The company had revenue of $817.93 million for the quarter, compared to analysts’ expectations of $870.08 million. Celsius had a net margin of 4.24% and a return on equity of 36.52%. The firm’s revenue was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.47 earnings per share. On average, research analysts predict that Celsius Holdings Inc. will post 1.47 EPS for the current year.

Institutional Trading of Celsius

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in shares of Celsius by 4.6% during the fourth quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock worth $826,750,000 after purchasing an additional 802,743 shares in the last quarter. California State Teachers Retirement System raised its position in shares of Celsius by 3,171.1% during the 2nd quarter. California State Teachers Retirement System now owns 5,878,897 shares of the company’s stock valued at $172,134,000 after buying an additional 5,699,173 shares during the period. Geode Capital Management LLC raised its position in Celsius by 8.4% in the fourth quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock valued at $163,112,000 after purchasing an additional 277,424 shares during the period. Norges Bank acquired a new position in Celsius in the fourth quarter valued at about $140,803,000. Finally, Ameriprise Financial Inc. boosted its stake in Celsius by 20.9% during the second quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock worth $114,587,000 after buying an additional 426,623 shares during the period. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

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.