Shares of Celsius Holdings, Inc. (NASDAQ:CELH) have earned a consensus rating of “Hold” from the six research firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $7.50.
A number of analysts recently commented on CELH shares. Maxim Group reaffirmed a “buy” rating and issued a $8.00 target price on shares of Celsius in a research report on Friday, August 10th. B. Riley decreased their target price on Celsius from $8.00 to $7.00 and set a “buy” rating for the company in a research report on Tuesday, August 7th. Zacks Investment Research raised Celsius from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 25th. Finally, BidaskClub raised Celsius from a “sell” rating to a “hold” rating in a research report on Wednesday, June 27th.
Shares of NASDAQ:CELH opened at $3.51 on Friday. The stock has a market capitalization of $206.03 million, a PE ratio of -351.00 and a beta of 0.08. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.30 and a current ratio of 3.11. Celsius has a 1 year low of $3.05 and a 1 year high of $6.05.
Celsius (NASDAQ:CELH) last issued its earnings results on Thursday, August 9th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.03). Celsius had a negative net margin of 31.73% and a negative return on equity of 47.60%. The firm had revenue of $9.30 million during the quarter, compared to the consensus estimate of $11.78 million. On average, equities research analysts forecast that Celsius will post -0.21 EPS for the current fiscal year.
Institutional investors have recently modified their holdings of the stock. Granite Investment Partners LLC bought a new stake in Celsius in the 2nd quarter valued at about $458,000. Anchor Capital Advisors LLC increased its holdings in Celsius by 473.0% during the 2nd quarter. Anchor Capital Advisors LLC now owns 200,092 shares of the company’s stock worth $920,000 after purchasing an additional 165,172 shares in the last quarter. Millennium Management LLC increased its holdings in Celsius by 146.6% during the 1st quarter. Millennium Management LLC now owns 214,262 shares of the company’s stock worth $932,000 after purchasing an additional 127,388 shares in the last quarter. Northern Trust Corp increased its holdings in Celsius by 842.1% during the 2nd quarter. Northern Trust Corp now owns 233,187 shares of the company’s stock worth $1,073,000 after purchasing an additional 208,434 shares in the last quarter. Finally, BlackRock Inc. bought a new stake in Celsius during the 2nd quarter worth approximately $5,095,000. 20.92% of the stock is owned by institutional investors and hedge funds.
Celsius Company Profile
Celsius Holdings, Inc develops, markets, sells, and distributes functional calorie-burning fitness beverages in the United States and internationally. The company offers its beverages in various flavors, including orange, wild berry, cola, grape, watermelon, grapefruit, cucumber lime, and orange pomegranate; and non-carbonated green tea raspberry/acai, green tea/peach mango, pineapple coconut, watermelon berry, and strawberries and cream.
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