Beaconlight Capital LLC Has $1.74 Million Holdings in Celsius Holdings Inc. $CELH

Beaconlight Capital LLC decreased its stake in shares of Celsius Holdings Inc. (NASDAQ:CELH - Free Report) by 61.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,576 shares of the company's stock after selling 96,815 shares during the period. Celsius makes up about 0.6% of Beaconlight Capital LLC's investment portfolio, making the stock its 29th largest holding. Beaconlight Capital LLC's holdings in Celsius were worth $1,744,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its position in Celsius by 16.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,501 shares of the company's stock valued at $69,000 after acquiring an additional 208 shares in the last quarter. Quadrant Capital Group LLC increased its holdings in Celsius by 1.3% during the 3rd quarter. Quadrant Capital Group LLC now owns 18,459 shares of the company's stock worth $1,061,000 after purchasing an additional 238 shares in the last quarter. UMB Bank n.a. raised its stake in shares of Celsius by 14.2% in the 4th quarter. UMB Bank n.a. now owns 2,049 shares of the company's stock valued at $94,000 after purchasing an additional 254 shares during the period. Blue Chip Partners LLC raised its stake in shares of Celsius by 2.4% in the 2nd quarter. Blue Chip Partners LLC now owns 11,701 shares of the company's stock valued at $543,000 after purchasing an additional 271 shares during the period. Finally, Crossmark Global Holdings Inc. lifted its holdings in shares of Celsius by 2.6% in the fourth quarter. Crossmark Global Holdings Inc. now owns 11,579 shares of the company's stock valued at $530,000 after purchasing an additional 292 shares in the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CELH. Bank of America reduced their price objective on Celsius from $55.00 to $45.00 and set a "buy" rating for the company in a research report on Wednesday, June 24th. Stephens dropped their target price on Celsius from $65.00 to $50.00 and set an "overweight" rating on the stock in a research report on Monday, August 10th. Weiss Ratings cut Celsius from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday, August 11th. Zacks Research downgraded Celsius from a "hold" rating to a "strong sell" rating in a research report on Friday, August 7th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Celsius from $56.00 to $52.00 and set an "overweight" rating for the company in a research note on Friday, August 7th. Eighteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $50.05.

Celsius Price Performance

Shares of NASDAQ CELH opened at $32.98 on Monday. The stock has a market capitalization of $8.35 billion, a price-to-earnings ratio of 137.42, a PEG ratio of 2.25 and a beta of 0.95. The business has a 50-day moving average of $30.03 and a 200-day moving average of $34.22. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.80 and a quick ratio of 1.42. Celsius Holdings Inc. has a fifty-two week low of $23.56 and a fifty-two week high of $66.74.

Celsius (NASDAQ:CELH - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.05). Celsius had a return on equity of 36.52% and a net margin of 4.24%.The company had revenue of $817.93 million for the quarter, compared to the consensus estimate of $870.08 million. During the same quarter in the previous year, the company posted $0.47 EPS. The business's revenue was up 10.6% on a year-over-year basis. As a group, sell-side analysts predict that Celsius Holdings Inc. will post 1.47 earnings per share for the current fiscal year.

Celsius Company Profile

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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