Celsius (NASDAQ:CELH) Price Target Lowered to $45.00 at Bank of America

Celsius (NASDAQ:CELH) had its price target dropped by Bank of America from $55.00 to $45.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Bank of America‘s target price would indicate a potential upside of 57.35% from the stock’s previous close.

Several other equities analysts have also recently issued reports on CELH. TD Cowen lowered their price target on Celsius from $66.00 to $55.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $44.00 target price on shares of Celsius in a research note on Friday, May 8th. BNP Paribas Exane reaffirmed an “outperform” rating and set a $57.00 target price (down from $70.00) on shares of Celsius in a report on Tuesday, May 26th. UBS Group cut their price target on shares of Celsius from $72.00 to $62.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $44.00 price objective on shares of Celsius in a research report on Wednesday, June 17th. Twenty-one equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $62.15.

Celsius Price Performance

Shares of Celsius stock traded up $0.44 on Wednesday, hitting $28.60. The company had a trading volume of 4,048,691 shares, compared to its average volume of 7,273,492. Celsius has a 52 week low of $27.47 and a 52 week high of $66.74. 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 company has a market cap of $7.31 billion, a PE ratio of 66.66, a PEG ratio of 1.11 and a beta of 0.93. The business has a 50-day simple moving average of $31.13 and a 200-day simple moving average of $40.51.

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

Insiders Place Their Bets

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its position in Celsius by 16.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,501 shares of the company’s stock worth $69,000 after acquiring an additional 208 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its position in shares of Celsius by 27.8% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,091 shares of the company’s stock worth $53,000 after purchasing an additional 237 shares in the last quarter. Quadrant Capital Group LLC lifted its position in shares of Celsius by 1.3% in the third quarter. Quadrant Capital Group LLC now owns 18,459 shares of the company’s stock worth $1,061,000 after purchasing an additional 238 shares in the last quarter. Signaturefd LLC boosted its holdings in shares of Celsius by 6.2% during the fourth quarter. Signaturefd LLC now owns 4,170 shares of the company’s stock worth $191,000 after purchasing an additional 245 shares during the period. Finally, MGB Wealth Management LLC boosted its holdings in shares of Celsius by 3.8% during the third quarter. MGB Wealth Management LLC now owns 6,900 shares of the company’s stock worth $397,000 after purchasing an additional 250 shares during the period. 60.95% of the stock is owned by institutional investors and hedge funds.

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.