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

Shares of Celsius Holdings, Inc. (NASDAQ:CELH) have been given a consensus rating of “Moderate Buy” by the seventeen analysts that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and twelve have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $46.88.

CELH has been the subject of several analyst reports. B. Riley reaffirmed a “buy” rating and issued a $49.00 price objective (up previously from $44.00) on shares of Celsius in a research note on Friday, February 21st. TD Cowen cut Celsius from a “buy” rating to a “hold” rating and reduced their price target for the stock from $40.00 to $29.00 in a research report on Wednesday, January 22nd. LADENBURG THALM/SH SH lowered their price objective on Celsius from $62.00 to $58.00 and set a “neutral” rating on the stock in a report on Thursday, March 27th. Roth Mkm restated a “buy” rating and issued a $38.00 target price on shares of Celsius in a report on Friday, February 21st. Finally, UBS Group increased their price target on Celsius from $43.00 to $48.00 and gave the company a “buy” rating in a report on Thursday, April 17th.

Insiders Place Their Bets

In related news, Director Joyce Russell sold 4,000 shares of the company’s stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $28.47, for a total value of $113,880.00. Following the completion of the transaction, the director now directly owns 19,106 shares in the company, valued at approximately $543,947.82. This represents a 17.31 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Paul H. Storey sold 10,188 shares of Celsius stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $25.77, for a total transaction of $262,544.76. Following the sale, the insider now owns 45,297 shares in the company, valued at $1,167,303.69. This represents a 18.36 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.20% of the company’s stock.

Hedge Funds Weigh In On Celsius

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Spire Wealth Management lifted its stake in Celsius by 12.0% during the first quarter. Spire Wealth Management now owns 2,677 shares of the company’s stock worth $95,000 after purchasing an additional 287 shares during the period. Wealthcare Advisory Partners LLC raised its holdings in shares of Celsius by 3.2% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 9,718 shares of the company’s stock worth $346,000 after buying an additional 301 shares in the last quarter. TD Private Client Wealth LLC lifted its position in shares of Celsius by 8.8% during the 1st quarter. TD Private Client Wealth LLC now owns 4,071 shares of the company’s stock worth $145,000 after buying an additional 328 shares during the period. GAMMA Investing LLC boosted its stake in Celsius by 19.7% in the 1st quarter. GAMMA Investing LLC now owns 2,052 shares of the company’s stock valued at $73,000 after buying an additional 338 shares in the last quarter. Finally, Moody National Bank Trust Division grew its position in Celsius by 1.3% in the first quarter. Moody National Bank Trust Division now owns 27,170 shares of the company’s stock valued at $968,000 after acquiring an additional 344 shares during the period. 60.95% of the stock is owned by institutional investors.

Celsius Price Performance

CELH opened at $34.46 on Tuesday. The company has a market capitalization of $8.88 billion, a PE ratio of 78.32, a price-to-earnings-growth ratio of 2.90 and a beta of 1.65. Celsius has a fifty-two week low of $21.10 and a fifty-two week high of $98.85. The business has a 50-day moving average of $33.06 and a 200-day moving average of $29.56.

Celsius (NASDAQ:CELH) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.03. The firm had revenue of $332.20 million for the quarter, compared to analyst estimates of $326.07 million. Celsius had a net margin of 10.70% and a return on equity of 51.89%. On average, equities research analysts expect that Celsius will post 0.89 earnings per share for the current fiscal year.

Celsius Company Profile

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.