Celsius Holdings, Inc. (NASDAQ:CELH) Given Average Rating of “Moderate Buy” by Analysts

Shares of Celsius Holdings, Inc. (NASDAQ:CELH) have been given a consensus rating of “Moderate Buy” by the fifteen analysts that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and twelve have issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $57.29.

Several analysts recently issued reports on CELH shares. UBS Group cut their target price on shares of Celsius from $70.00 to $64.00 and set a “buy” rating for the company in a research report on Wednesday, August 7th. Jefferies Financial Group reduced their price objective on Celsius from $53.00 to $48.00 and set a “buy” rating for the company in a research note on Thursday, October 10th. Truist Financial lifted their target price on Celsius from $30.00 to $35.00 and gave the company a “hold” rating in a research report on Wednesday. Morgan Stanley restated an “equal weight” rating and issued a $50.00 price target on shares of Celsius in a research report on Tuesday, August 20th. Finally, Roth Mkm lowered their price objective on Celsius from $45.00 to $43.00 and set a “buy” rating on the stock in a research report on Friday, September 27th.

Insider Transactions at Celsius

In related news, CEO John Fieldly sold 74,847 shares of the firm’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $32.80, for a total transaction of $2,454,981.60. Following the completion of the transaction, the chief executive officer now directly owns 1,812,490 shares of the company’s stock, valued at approximately $59,449,672. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.20% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Transcendent Capital Group LLC purchased a new stake in shares of Celsius in the fourth quarter worth about $25,000. FinTrust Capital Advisors LLC purchased a new stake in shares of Celsius during the 1st quarter worth approximately $25,000. S.A. Mason LLC bought a new position in shares of Celsius during the 2nd quarter valued at approximately $30,000. EverSource Wealth Advisors LLC boosted its position in shares of Celsius by 3,116.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 386 shares of the company’s stock valued at $32,000 after acquiring an additional 374 shares during the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Celsius in the third quarter valued at $34,000. Institutional investors own 60.95% of the company’s stock.

Celsius Price Performance

NASDAQ CELH opened at $32.18 on Friday. Celsius has a 1-year low of $28.20 and a 1-year high of $99.62. The stock has a market capitalization of $7.50 billion, a price-to-earnings ratio of 35.36, a PEG ratio of 2.29 and a beta of 1.84. The business’s fifty day moving average price is $34.83 and its 200-day moving average price is $56.36.

Celsius (NASDAQ:CELH) last posted its earnings results on Tuesday, August 6th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.05. The company had revenue of $402.00 million for the quarter, compared to the consensus estimate of $391.07 million. Celsius had a return on equity of 94.75% and a net margin of 19.58%. Celsius’s revenue was up 23.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.17 earnings per share. Equities research analysts anticipate that Celsius will post 0.82 EPS for the current year.

About Celsius

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.