Brokerages Set Celsius Holdings Inc. (NASDAQ:CELH) Target Price at $58.65

Shares of Celsius Holdings Inc. (NASDAQ:CELH) have received an average recommendation of “Moderate Buy” from the twenty-five research firms that are currently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $58.65.

CELH has been the topic of a number of research reports. Needham & Company LLC decreased their price target on shares of Celsius from $75.00 to $55.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. JPMorgan Chase & Co. cut their price objective on shares of Celsius from $77.00 to $67.00 and set an “overweight” rating for the company in a research report on Monday, May 4th. Weiss Ratings cut Celsius from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Bank of America decreased their target price on Celsius from $55.00 to $45.00 and set a “buy” rating on the stock in a research report on Wednesday, June 24th. Finally, UBS Group lowered their target price on Celsius from $55.00 to $50.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th.

Insiders Place Their Bets

In other news, Director Hal Kravitz acquired 8,400 shares of the stock in a transaction on Friday, May 22nd. The shares were purchased at an average price of $29.73 per share, for a total transaction of $249,732.00. Following the transaction, the director directly owned 227,158 shares of the company’s stock, valued at approximately $6,753,407.34. This represents a 3.84% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO John Fieldly bought 8,475 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were purchased at an average cost of $29.36 per share, with a total value of $248,826.00. Following the acquisition, the chief executive officer directly owned 937,540 shares of the company’s stock, valued at approximately $27,526,174.40. This represents a 0.91% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 2.33% of the company’s stock.

Hedge Funds Weigh In On Celsius

A number of hedge funds have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Celsius by 2,293.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 41,747 shares of the company’s stock valued at $1,952,000 after buying an additional 40,003 shares during the period. Hillsdale Investment Management Inc. bought a new stake in shares of Celsius during the 4th quarter valued at $3,316,000. Geode Capital Management LLC lifted its position in shares of Celsius by 8.4% during the 4th quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock valued at $163,112,000 after acquiring an additional 277,424 shares during the period. Fifth Third Bancorp grew its holdings in shares of Celsius by 4,648.1% during the 1st quarter. Fifth Third Bancorp now owns 92,873 shares of the company’s stock worth $3,295,000 after purchasing an additional 90,917 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Celsius by 4.6% during the 4th quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock worth $826,750,000 after purchasing an additional 802,743 shares in the last quarter. 60.95% of the stock is owned by institutional investors.

Celsius Trading Up 6.2%

Shares of Celsius stock opened at $28.79 on Thursday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.77 and a quick ratio of 1.43. The business has a fifty day simple moving average of $29.83 and a two-hundred day simple moving average of $38.04. Celsius has a 1 year low of $26.54 and a 1 year high of $66.74. The company has a market capitalization of $7.36 billion, a price-to-earnings ratio of 66.95, a P/E/G ratio of 1.08 and a beta of 0.94.

Celsius (NASDAQ:CELH) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.29 by $0.12. The firm had revenue of $782.62 million for the quarter, compared to the consensus estimate of $763.08 million. Celsius had a net margin of 5.85% and a return on equity of 37.95%. The company’s quarterly revenue was up 137.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.18 earnings per share. Research analysts forecast that Celsius will post 1.59 EPS for the current year.

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.