Analysts Set Celsius Holdings Inc. (NASDAQ:CELH) Target Price at $65.61

Celsius Holdings Inc. (NASDAQ:CELH) has received an average recommendation of “Moderate Buy” from the twenty-three brokerages that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and eighteen have assigned a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $66.3333.

Several brokerages have issued reports on CELH. Zacks Research downgraded Celsius from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Celsius in a research report on Thursday, November 6th. Weiss Ratings restated a “sell (d+)” rating on shares of Celsius in a research note on Monday, December 29th. Bank of America lowered their target price on Celsius from $50.00 to $45.00 and set an “underperform” rating on the stock in a research report on Friday, December 19th. Finally, JPMorgan Chase & Co. upped their price target on Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a research report on Thursday.

Celsius Stock Down 1.7%

CELH opened at $52.48 on Thursday. The stock has a market capitalization of $13.53 billion, a price-to-earnings ratio of 524.80, a PEG ratio of 0.87 and a beta of 0.89. The firm has a 50 day moving average price of $47.33 and a 200-day moving average price of $51.91. Celsius has a twelve month low of $21.10 and a twelve month high of $66.74. The company has a quick ratio of 1.61, a current ratio of 1.89 and a debt-to-equity ratio of 0.72.

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

Insider Buying and Selling

In other news, Director Hal Kravitz purchased 10,000 shares of the stock in a transaction on Thursday, November 13th. The shares were acquired at an average price of $45.24 per share, with a total value of $452,400.00. Following the completion of the acquisition, the director directly owned 216,147 shares of the company’s stock, valued at $9,778,490.28. This trade represents a 4.85% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 2.55% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. IFM Investors Pty Ltd purchased a new position in shares of Celsius in the first quarter valued at about $1,275,000. Royal Bank of Canada boosted its stake in Celsius by 79.2% in the 1st quarter. Royal Bank of Canada now owns 257,666 shares of the company’s stock worth $9,179,000 after purchasing an additional 113,840 shares during the period. NewEdge Advisors LLC grew its holdings in Celsius by 131.5% during the 1st quarter. NewEdge Advisors LLC now owns 23,166 shares of the company’s stock valued at $825,000 after buying an additional 13,159 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Celsius by 14.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 433,241 shares of the company’s stock valued at $15,432,000 after buying an additional 53,844 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Celsius by 25.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 28,061 shares of the company’s stock worth $1,307,000 after acquiring an additional 5,713 shares during the last quarter. 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.