Celsius Holdings Inc. (NASDAQ:CELH) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts give Celsius an average recommendation of Moderate Buy — 23 analysts cover the stock (20 Buy, 3 Hold) with a one-year average target price of $66.17.
• Celsius recently beat expectations, reporting Q EPS of $0.26 versus $0.19 forecast and revenue of $721.6M versus $638.2M, with revenue up 117.2% year-over-year.
• Shares opened at $33.66 (down 3.4%), the company has a market cap of $8.65B and a P/E of ~134.6, and institutional investors own about 60.95% of the stock.

Celsius Holdings Inc. (NASDAQ:CELH - Get Free Report) has been given an average recommendation of "Moderate Buy" by the twenty-three analysts that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and twenty have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $66.1667.

A number of equities analysts recently issued reports on CELH shares. Deutsche Bank Aktiengesellschaft upgraded Celsius from a "hold" rating to a "buy" rating and reduced their target price for the stock from $56.00 to $44.00 in a research note on Monday, March 30th. KeyCorp started coverage on Celsius in a research note on Tuesday, December 16th. They issued a "sector weight" rating for the company. Piper Sandler restated an "overweight" rating and issued a $65.00 target price (up from $61.00) on shares of Celsius in a research note on Thursday, January 29th. Roth Mkm restated a "buy" rating on shares of Celsius in a research note on Monday, February 9th. Finally, Morgan Stanley restated an "overweight" rating and issued a $64.00 target price on shares of Celsius in a research note on Tuesday, March 17th.

Celsius Stock Down 3.4%

Celsius stock opened at $33.66 on Tuesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.68 and a quick ratio of 1.37. The stock has a market capitalization of $8.65 billion, a price-to-earnings ratio of 134.64, a PEG ratio of 1.18 and a beta of 1.13. Celsius has a 1-year low of $32.36 and a 1-year high of $66.74. The business has a fifty day moving average price of $42.77 and a 200-day moving average price of $48.09.

Celsius (NASDAQ:CELH - Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.26 earnings per share for the quarter, topping analysts' consensus estimates of $0.19 by $0.07. The firm had revenue of $721.63 million during the quarter, compared to analysts' expectations of $638.17 million. Celsius had a return on equity of 37.68% and a net margin of 4.29%.The business's quarterly revenue was up 117.2% on a year-over-year basis. During the same quarter last year, the firm earned ($0.11) EPS. Equities research analysts forecast that Celsius will post 0.89 EPS for the current fiscal year.

Hedge Funds Weigh In On Celsius

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Celsius during the 4th quarter valued at about $140,803,000. Massachusetts Financial Services Co. MA purchased a new position in shares of Celsius during the 4th quarter valued at about $115,321,000. Westfield Capital Management Co. LP purchased a new position in shares of Celsius during the 4th quarter valued at about $70,632,000. BNP Paribas Financial Markets raised its stake in shares of Celsius by 389.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,713,170 shares of the company's stock valued at $98,490,000 after buying an additional 1,362,867 shares during the last quarter. Finally, Scopus Asset Management L.P. purchased a new position in shares of Celsius during the 2nd quarter valued at about $59,382,000. Hedge funds and other 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.

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