Celsius Sees Unusually High Options Volume (NASDAQ:CELH)

Celsius Holdings Inc. (NASDAQ:CELH) was the target of unusually large options trading on Wednesday. Investors acquired 107,591 call options on the company. This represents an increase of 430% compared to the typical daily volume of 20,292 call options.

Institutional Investors Weigh In On Celsius

Several institutional investors have recently bought and sold shares of the stock. Hood River Capital Management LLC grew its position in Celsius by 249.5% during the 2nd quarter. Hood River Capital Management LLC now owns 1,302,164 shares of the company’s stock worth $60,407,000 after purchasing an additional 929,597 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in Celsius during the 3rd quarter valued at $1,619,000. Braun Stacey Associates Inc. lifted its holdings in shares of Celsius by 15.1% in the third quarter. Braun Stacey Associates Inc. now owns 595,901 shares of the company’s stock valued at $34,258,000 after purchasing an additional 78,027 shares in the last quarter. Allianz Asset Management GmbH lifted its holdings in shares of Celsius by 68.1% in the third quarter. Allianz Asset Management GmbH now owns 116,682 shares of the company’s stock valued at $6,708,000 after purchasing an additional 47,281 shares in the last quarter. Finally, Kercheville Advisors LLC boosted its position in shares of Celsius by 9.6% in the third quarter. Kercheville Advisors LLC now owns 222,793 shares of the company’s stock worth $12,808,000 after buying an additional 19,520 shares during the period. Institutional investors and hedge funds own 60.95% of the company’s stock.

Celsius Stock Down 0.7%

CELH opened at $34.08 on Friday. Celsius has a 12 month low of $32.36 and a 12 month high of $66.74. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.68 and a quick ratio of 1.37. The stock has a market cap of $8.76 billion, a P/E ratio of 136.32, a P/E/G ratio of 1.17 and a beta of 1.13. The stock’s 50 day moving average price is $45.40 and its 200 day moving average price is $49.08.

Celsius (NASDAQ:CELH) last announced its earnings results on Thursday, February 26th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.07. Celsius had a return on equity of 37.68% and a net margin of 4.29%.The firm had revenue of $721.63 million for the quarter, compared to the consensus estimate of $638.17 million. During the same quarter in the previous year, the business earned ($0.11) EPS. The firm’s revenue for the quarter was up 117.2% on a year-over-year basis. As a group, research analysts predict that Celsius will post 0.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

CELH has been the subject of a number of analyst reports. KeyCorp started coverage on Celsius in a research report on Tuesday, December 16th. They set a “sector weight” rating for the company. Morgan Stanley reiterated an “overweight” rating and issued a $64.00 target price on shares of Celsius in a research note on Tuesday, March 17th. Needham & Company LLC boosted their price target on shares of Celsius from $70.00 to $75.00 and gave the company a “buy” rating in a report on Friday, February 27th. Piper Sandler restated an “overweight” rating and set a $65.00 price target (up from $61.00) on shares of Celsius in a research report on Thursday, January 29th. Finally, Weiss Ratings raised shares of Celsius from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, March 4th. Twenty research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Celsius currently has an average rating of “Moderate Buy” and a consensus target price of $66.61.

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.