UBS Group Cuts Celsius (NASDAQ:CELH) Price Target to $50.00

Celsius (NASDAQ:CELH) had its target price cut by UBS Group from $55.00 to $50.00 in a report issued on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s target price indicates a potential upside of 67.84% from the company’s previous close.

Other equities research analysts have also issued reports about the company. Bank of America dropped their price target on Celsius from $55.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, June 24th. Roth Mkm reaffirmed a “buy” rating and issued a $57.00 price objective (down from $65.00) on shares of Celsius in a research note on Thursday, June 25th. TD Cowen decreased their target price on Celsius from $66.00 to $55.00 and set a “buy” rating for the company in a report on Monday, April 20th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $44.00 target price on shares of Celsius in a research report on Friday, May 8th. Finally, Weiss Ratings lowered shares of Celsius from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Twenty-one equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $60.90.

Celsius Stock Down 0.2%

Shares of NASDAQ CELH opened at $29.79 on Tuesday. The stock has a market capitalization of $7.62 billion, a PE ratio of 69.28, a P/E/G ratio of 1.19 and a beta of 0.93. The company has a quick ratio of 1.43, a current ratio of 1.77 and a debt-to-equity ratio of 0.53. The firm has a fifty day moving average of $30.69 and a 200-day moving average of $40.12. Celsius has a 52-week low of $27.47 and a 52-week high of $66.74.

Celsius (NASDAQ:CELH) last issued its earnings results on Thursday, May 7th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.12. Celsius had a return on equity of 37.95% and a net margin of 5.85%.The business had revenue of $782.62 million for the quarter, compared to analyst estimates of $763.08 million. During the same period last year, the company posted $0.18 EPS. The business’s quarterly revenue was up 137.7% on a year-over-year basis. On average, analysts anticipate that Celsius will post 1.59 EPS for the current year.

Insider Buying and Selling at Celsius

In related news, Director Hal Kravitz bought 8,400 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was bought at an average price of $29.73 per share, with a total value of $249,732.00. Following the completion of 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 can be accessed through this hyperlink. Also, CEO John Fieldly bought 8,475 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was bought at an average cost of $29.36 per share, with a total value of $248,826.00. Following the transaction, the chief executive officer directly owned 937,540 shares of the company’s stock, valued at approximately $27,526,174.40. This trade 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 corporate insiders.

Hedge Funds Weigh In On Celsius

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Norges Bank acquired a new stake in Celsius in the fourth quarter valued at approximately $140,803,000. Massachusetts Financial Services Co. MA acquired a new position in shares of Celsius during the fourth quarter worth $115,321,000. Westfield Capital Management Co. LP acquired a new position in shares of Celsius during the fourth quarter worth $70,632,000. BNP Paribas Financial Markets boosted its stake in shares of Celsius by 389.1% in the third quarter. BNP Paribas Financial Markets now owns 1,713,170 shares of the company’s stock valued at $98,490,000 after purchasing an additional 1,362,867 shares during the period. Finally, Scopus Asset Management L.P. purchased a new position in shares of Celsius in the second quarter valued at $59,382,000. 60.95% of the stock is owned by institutional investors and hedge funds.

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.