Celsius Holdings, Inc. (NASDAQ:CELH) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Shares of Celsius Holdings, Inc. (NASDAQ:CELH - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the seventeen brokerages that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $46.47.

Several equities analysts have recently issued reports on the company. UBS Group upped their target price on Celsius from $43.00 to $48.00 and gave the company a "buy" rating in a report on Thursday, April 17th. B. Riley restated a "buy" rating and issued a $49.00 price objective (up previously from $44.00) on shares of Celsius in a research note on Friday, February 21st. Piper Sandler lifted their target price on Celsius from $43.00 to $44.00 and gave the stock an "overweight" rating in a research note on Thursday, April 17th. Roth Mkm restated a "buy" rating and set a $38.00 price target on shares of Celsius in a research report on Friday, February 21st. Finally, Stifel Nicolaus decreased their target price on Celsius from $45.00 to $37.00 and set a "buy" rating for the company in a research report on Monday, February 10th.

Insiders Place Their Bets

In other Celsius news, insider Paul H. Storey sold 10,188 shares of the company's stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $25.77, for a total transaction 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 position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Joyce Russell sold 4,000 shares of the firm's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $28.47, for a total transaction of $113,880.00. Following the completion of the sale, the director now directly owns 19,106 shares of the company's stock, valued at approximately $543,947.82. This represents a 17.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.20% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Westside Investment Management Inc. purchased a new stake in Celsius in the first quarter worth $32,000. HM Payson & Co. increased its stake in shares of Celsius by 122.2% in the 4th quarter. HM Payson & Co. now owns 1,000 shares of the company's stock worth $26,000 after acquiring an additional 550 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in Celsius by 255.1% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,044 shares of the company's stock valued at $37,000 after acquiring an additional 750 shares during the period. S.A. Mason LLC boosted its stake in Celsius by 100.0% during the fourth quarter. S.A. Mason LLC now owns 1,400 shares of the company's stock worth $37,000 after acquiring an additional 700 shares in the last quarter. Finally, UMB Bank n.a. grew its holdings in Celsius by 145.0% in the first quarter. UMB Bank n.a. now owns 1,426 shares of the company's stock worth $51,000 after purchasing an additional 844 shares during the period. Hedge funds and other institutional investors own 60.95% of the company's stock.

Celsius Price Performance

Shares of CELH stock traded down $0.09 during trading hours on Tuesday, reaching $34.87. The company had a trading volume of 4,238,813 shares, compared to its average volume of 7,823,540. The business has a fifty day simple moving average of $32.84 and a 200-day simple moving average of $29.58. Celsius has a 12 month low of $21.10 and a 12 month high of $98.85. The company has a market cap of $8.99 billion, a price-to-earnings ratio of 79.25, a price-to-earnings-growth ratio of 2.90 and a beta of 1.58.

Celsius (NASDAQ:CELH - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.03. Celsius had a return on equity of 51.89% and a net margin of 10.70%. The business had revenue of $332.20 million for the quarter, compared to analysts' expectations of $326.07 million. On average, equities research analysts expect that Celsius will post 0.89 earnings per share for the current year.

Celsius Company Profile

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.