Celsius (NASDAQ:CELH) Given New $50.00 Price Target at Stephens

by · The Markets Daily

Celsius (NASDAQ:CELH – Get Free Report) had its price objective reduced by equities researchers at Stephens from $65.00 to $50.00 in a research note issued on Monday, MarketBeat reports. The brokerage presently has an “overweight” rating on the stock. Stephens’ target price points to a potential upside of 80.05% from the stock’s current price.

Several other research analysts also recently weighed in on CELH. Weiss Ratings downgraded shares of Celsius from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Needham & Company LLC decreased their target price on shares of Celsius from $55.00 to $35.00 and set a “buy” rating for the company in a research report on Thursday. Piper Sandler lowered their target price on shares of Celsius from $49.00 to $36.00 and set an “overweight” rating on the stock in a report on Friday. TD Cowen lowered their target price on shares of Celsius from $66.00 to $55.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Finally, Morgan Stanley set a $42.00 price target on shares of Celsius and gave the company an “overweight” rating in a research report on Friday. Nineteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $51.85.

Read Our Latest Report on CELH

Celsius Stock Performance

NASDAQ CELH opened at $27.77 on Monday. The company has a quick ratio of 1.42, a current ratio of 1.80 and a debt-to-equity ratio of 0.56. Celsius has a 52 week low of $23.56 and a 52 week high of $66.74. The business has a 50 day moving average price of $29.43 and a 200-day moving average price of $36.48. The company has a market cap of $7.03 billion, a price-to-earnings ratio of 115.71, a P/E/G ratio of 1.29 and a beta of 0.95.

Celsius (NASDAQ:CELH – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.05). Celsius had a return on equity of 36.52% and a net margin of 4.24%.The firm had revenue of $817.93 million during the quarter, compared to the consensus estimate of $870.08 million. During the same quarter in the prior year, the business earned $0.47 earnings per share. Celsius’s revenue for the quarter was up 10.6% on a year-over-year basis. As a group, equities analysts expect that Celsius will post 1.51 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Hal Kravitz acquired 8,400 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was purchased at an average price of $29.73 per share, for a total transaction of $249,732.00. Following the purchase, the director owned 227,158 shares in the company, valued at approximately $6,753,407.34. This represents a 3.84% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO John Fieldly bought 8,475 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were purchased at an average cost of $29.36 per share, for a total transaction of $248,826.00. Following the transaction, the chief executive officer owned 937,540 shares in the company, valued at approximately $27,526,174.40. This represents a 0.91% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 2.33% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Celsius

Several institutional investors have recently modified their holdings of CELH. Flagship Harbor Advisors LLC bought a new stake in Celsius during the fourth quarter worth $31,000. Fideuram Asset Management Ireland dac bought a new position in Celsius in the 4th quarter valued at $31,000. Brown Brothers Harriman & Co. grew its stake in Celsius by 1,020.4% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock valued at $32,000 after purchasing an additional 500 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Celsius by 244.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock valued at $52,000 after purchasing an additional 794 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its position in shares of Celsius by 27.8% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,091 shares of the company’s stock valued at $53,000 after purchasing an additional 237 shares during the last quarter. 60.95% of the stock is owned by institutional investors.

Celsius Company Profile

(Get Free Report)

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.

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