Brokerages Set Celsius Holdings, Inc. (NASDAQ:CELH) PT at $47.00

Celsius Holdings, Inc. (NASDAQ:CELH - Get Free Report) has been given an average rating of "Moderate Buy" by the seventeen research firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $47.00.

A number of analysts have weighed in on CELH shares. Needham & Company LLC reissued a "buy" rating and set a $47.00 target price on shares of Celsius in a report on Thursday. Stifel Nicolaus cut their price objective on shares of Celsius from $45.00 to $37.00 and set a "buy" rating on the stock in a research report on Monday, February 10th. LADENBURG THALM/SH SH lowered their price objective on shares of Celsius from $62.00 to $58.00 and set a "neutral" rating on the stock in a research note on Thursday, March 27th. Piper Sandler raised their target price on Celsius from $43.00 to $44.00 and gave the stock an "overweight" rating in a research report on Thursday, April 17th. Finally, Roth Mkm reissued a "buy" rating and set a $38.00 price objective on shares of Celsius in a report on Friday, February 21st.

Celsius Stock Performance

Shares of CELH stock traded up $1.41 on Friday, reaching $36.34. 8,755,816 shares of the company were exchanged, compared to its average volume of 7,987,556. Celsius has a 1 year low of $21.10 and a 1 year high of $80.65. The company has a market cap of $9.37 billion, a price-to-earnings ratio of 82.59, a P/E/G ratio of 2.90 and a beta of 1.65. The business has a 50-day moving average price of $36.29 and a 200 day moving average price of $30.32.

Celsius (NASDAQ:CELH - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.02). The company had revenue of $329.28 million during the quarter, compared to analysts' expectations of $349.09 million. Celsius had a net margin of 10.70% and a return on equity of 51.89%. The company's quarterly revenue was down 7.4% on a year-over-year basis. During the same period last year, the business earned $0.27 earnings per share. As a group, equities analysts anticipate that Celsius will post 0.89 earnings per share for the current year.

Insider Activity at Celsius

In related news, Director Joyce Russell sold 4,000 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $28.47, for a total value of $113,880.00. Following the completion of the transaction, the director now directly owns 19,106 shares in the company, valued at approximately $543,947.82. The trade was a 17.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Paul H. Storey sold 10,188 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $25.77, for a total value of $262,544.76. Following the completion of the transaction, the insider now owns 45,297 shares of the company's stock, valued at $1,167,303.69. This represents a 18.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Celsius

Institutional investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC lifted its stake in Celsius by 85.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 58,178 shares of the company's stock valued at $1,532,000 after acquiring an additional 26,801 shares in the last quarter. Bennett Selby Investments LP lifted its stake in Celsius by 392.6% in the 4th quarter. Bennett Selby Investments LP now owns 51,645 shares of the company's stock valued at $1,360,000 after acquiring an additional 41,161 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Celsius by 5.1% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 22,689 shares of the company's stock valued at $587,000 after acquiring an additional 1,100 shares in the last quarter. Triumph Capital Management lifted its stake in Celsius by 41.5% in the 4th quarter. Triumph Capital Management now owns 40,420 shares of the company's stock valued at $1,065,000 after acquiring an additional 11,863 shares in the last quarter. Finally, Capital Advisors Inc. OK bought a new stake in Celsius in the 4th quarter valued at approximately $527,000. Institutional investors own 60.95% of the company's stock.

About Celsius

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.