Shares of Celsius Holdings Inc. (NASDAQ:CELH - Get Free Report) saw strong trading volume on Friday . 9,227,491 shares were traded during mid-day trading, an increase of 65% from the previous session's volume of 5,592,409 shares.The stock last traded at $35.82 and had previously closed at $34.85.
Wall Street Analyst Weigh In
Several research analysts have commented on the stock. Piper Sandler restated an "overweight" rating and issued a $65.00 target price (up from $61.00) on shares of Celsius in a research report on Thursday, January 29th. Citigroup decreased their price objective on shares of Celsius from $65.00 to $60.00 and set a "buy" rating for the company in a report on Wednesday. UBS Group decreased their price objective 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. JPMorgan Chase & Co. increased their price objective on shares of Celsius from $68.00 to $77.00 and gave the company an "overweight" rating in a report on Thursday, January 29th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Celsius from a "hold" rating to a "buy" rating and decreased their price objective for the company from $56.00 to $44.00 in a report on Monday, March 30th. Twenty equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Celsius presently has a consensus rating of "Moderate Buy" and a consensus target price of $65.89.
Read Our Latest Analysis on Celsius
Celsius Stock Up 1.1%
The stock has a market capitalization of $9.06 billion, a P/E ratio of 141.00, a PEG ratio of 1.30 and a beta of 1.13. 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's fifty day moving average is $41.91 and its two-hundred day moving average is $47.78.
Celsius (NASDAQ:CELH - Get Free Report) last issued its earnings results 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 net margin of 4.29% and a return on equity of 37.68%. The firm's revenue for the quarter was up 117.2% compared to the same quarter last year. During the same period last year, the firm posted ($0.11) earnings per share. As a group, research analysts predict that Celsius Holdings Inc. will post 0.89 earnings per share for the current fiscal year.
Institutional Trading of Celsius
Large investors have recently added to or reduced their stakes in the business. Harbor Investment Advisory LLC bought a new stake in Celsius during the third quarter worth approximately $27,000. Brown Brothers Harriman & Co. lifted its position in shares of Celsius by 1,020.4% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company's stock valued at $32,000 after acquiring an additional 500 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of Celsius in the 4th quarter valued at approximately $31,000. Fideuram Asset Management Ireland dac purchased a new stake in shares of Celsius in the 4th quarter valued at approximately $31,000. Finally, Cullen Frost Bankers Inc. lifted its position in shares of Celsius by 697.3% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 901 shares of the company's stock valued at $52,000 after acquiring an additional 788 shares in the last quarter. 60.95% of the stock is currently owned by institutional investors.
About Celsius
(
Get Free Report)
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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