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

Key Points

• Celsius Holdings Inc. has received a consensus rating of “Moderate Buy” from 22 analysts, with 18 recommending buy, 3 hold, and 1 sell.
• The average twelve-month price target for the stock is $61.95, with significant recent target increases from various investment firms.
• In its last earnings report, Celsius reported a 83.9% year-over-year revenue increase, with earnings per share of $0.47, surpassing estimates significantly.

Celsius Holdings Inc. (NASDAQ:CELH - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the twenty-two ratings firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and eighteen have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $61.95.

Several equities research analysts have recently issued reports on the stock. Morgan Stanley increased their target price on shares of Celsius from $56.00 to $61.00 and gave the stock an "equal weight" rating in a research note on Tuesday, September 2nd. TD Cowen raised shares of Celsius from a "hold" rating to a "buy" rating and increased their target price for the stock from $37.00 to $55.00 in a research note on Monday, June 16th. Mizuho increased their target price on shares of Celsius from $85.00 to $90.00 and gave the stock an "outperform" rating in a research note on Tuesday, September 2nd. Piper Sandler increased their target price on shares of Celsius from $60.00 to $69.00 and gave the stock an "overweight" rating in a research note on Monday, September 8th. Finally, Stephens reissued an "overweight" rating on shares of Celsius in a research note on Monday, August 11th.

Celsius Price Performance

NASDAQ:CELH opened at $51.81 on Friday. Celsius has a one year low of $21.10 and a one year high of $63.50. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.76 and a current ratio of 2.11. The firm has a market cap of $13.36 billion, a price-to-earnings ratio of 140.03, a PEG ratio of 1.17 and a beta of 1.34. The firm's fifty day moving average is $53.88 and its two-hundred day moving average is $43.71.

Celsius (NASDAQ:CELH - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.23 by $0.24. Celsius had a net margin of 7.91% and a return on equity of 36.88%. The company had revenue of $739.30 million for the quarter, compared to analyst estimates of $632.13 million. During the same period in the prior year, the company earned $0.28 earnings per share. The firm's revenue was up 83.9% on a year-over-year basis. Research analysts expect that Celsius will post 0.89 EPS for the current year.

Insider Buying and Selling at Celsius

In other Celsius news, CEO John Fieldly sold 143,167 shares of the business's stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $51.18, for a total transaction of $7,327,287.06. Following the completion of the sale, the chief executive officer directly owned 895,410 shares in the company, valued at approximately $45,827,083.80. The trade was a 13.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Deborah Desantis sold 100,000 shares of the business's stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $47.50, for a total value of $4,750,000.00. Following the sale, the insider owned 17,717,770 shares of the company's stock, valued at approximately $841,594,075. This trade represents a 0.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 860,667 shares of company stock worth $41,421,162. 2.55% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Celsius

Several large investors have recently bought and sold shares of CELH. MassMutual Private Wealth & Trust FSB increased its stake in Celsius by 255.1% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,044 shares of the company's stock worth $37,000 after buying an additional 750 shares in the last quarter. Moody National Bank Trust Division increased its stake in Celsius by 1.3% during the 1st quarter. Moody National Bank Trust Division now owns 27,170 shares of the company's stock worth $968,000 after buying an additional 344 shares in the last quarter. GAMMA Investing LLC increased its stake in Celsius by 4,164.4% during the 1st quarter. GAMMA Investing LLC now owns 73,092 shares of the company's stock worth $2,604,000 after buying an additional 71,378 shares in the last quarter. Parallel Advisors LLC increased its stake in Celsius by 102.2% during the 1st quarter. Parallel Advisors LLC now owns 2,382 shares of the company's stock worth $85,000 after buying an additional 1,204 shares in the last quarter. Finally, Retirement Planning Group LLC purchased a new stake in Celsius during the 1st quarter worth approximately $244,000. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

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.

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