Celsius (NASDAQ:CELH) Earns “Buy” Rating from Needham & Company LLC

Celsius (NASDAQ:CELH)‘s stock had its “buy” rating restated by Needham & Company LLC in a research report issued on Wednesday,Benzinga reports. They presently have a $70.00 target price on the stock. Needham & Company LLC’s price target would indicate a potential upside of 36.51% from the company’s previous close.

Several other brokerages have also recently commented on CELH. Bank of America decreased their price target on shares of Celsius from $50.00 to $45.00 and set an “underperform” rating on the stock in a research note on Friday, December 19th. JPMorgan Chase & Co. reduced their target price on Celsius from $76.00 to $68.00 and set an “overweight” rating on the stock in a report on Friday, November 7th. UBS Group reiterated a “buy” rating on shares of Celsius in a research report on Wednesday, December 17th. Piper Sandler dropped their price target on Celsius from $69.00 to $61.00 and set an “overweight” rating for the company in a research note on Wednesday, December 17th. Finally, Morgan Stanley set a $70.00 price objective on Celsius in a research note on Tuesday, September 30th. Twenty investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $63.89.

Celsius Trading Down 0.1%

CELH stock opened at $51.28 on Wednesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.89 and a quick ratio of 1.61. Celsius has a 1-year low of $21.10 and a 1-year high of $66.74. The business has a 50 day simple moving average of $44.88 and a two-hundred day simple moving average of $50.90. The company has a market capitalization of $13.22 billion, a price-to-earnings ratio of 512.80, a PEG ratio of 0.85 and a beta of 0.89.

Celsius (NASDAQ:CELH) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.14. Celsius had a net margin of 3.03% and a return on equity of 41.88%. The firm had revenue of $725.11 million for the quarter, compared to analysts’ expectations of $703.68 million. The company’s revenue was up 172.9% on a year-over-year basis. Research analysts anticipate that Celsius will post 0.89 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Hal Kravitz purchased 10,000 shares of the stock in a transaction that occurred on Thursday, November 13th. The stock was bought at an average cost of $45.24 per share, for a total transaction of $452,400.00. Following the completion of the transaction, the director directly owned 216,147 shares in the company, valued at $9,778,490.28. This represents a 4.85% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Jarrod Langhans sold 5,000 shares of Celsius stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $65.00, for a total transaction of $325,000.00. Following the transaction, the chief financial officer directly owned 99,227 shares of the company’s stock, valued at $6,449,755. The trade was a 4.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.55% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Celsius

Several institutional investors have recently made changes to their positions in CELH. Avior Wealth Management LLC purchased a new stake in Celsius in the 4th quarter worth about $405,000. Park Avenue Securities LLC bought a new position in shares of Celsius during the fourth quarter valued at approximately $491,000. City Center Advisors LLC purchased a new stake in shares of Celsius in the fourth quarter worth approximately $304,000. GAMMA Investing LLC lifted its stake in shares of Celsius by 6.1% during the 4th quarter. GAMMA Investing LLC now owns 4,674 shares of the company’s stock worth $214,000 after acquiring an additional 270 shares during the last quarter. Finally, Sherman Porfolios LLC bought a new stake in shares of Celsius during the 3rd quarter worth approximately $460,000. Institutional investors own 60.95% of the company’s stock.

About Celsius

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.