Celsius Holdings Inc. $CELH Position Cut by Braun Stacey Associates Inc.

Key Points

• Braun Stacey Associates cut its Celsius Holdings stake by 7.3% in the second quarter, selling 46,739 shares and retaining 596,726 shares valued at approximately $17.5 million. Institutional investors collectively own 60.95% of CELH.
• Celsius reported quarterly EPS of $0.36, below the $0.41 consensus estimate, while revenue of $817.93 million also missed expectations. Revenue nevertheless increased 10.6% year over year, with a 4.24% net margin.
• Analyst sentiment remains mixed: recent firms lowered price targets and some downgraded the stock, but the broader consensus is still “Moderate Buy” with an average price target of $50.05 versus the reported $32.98 share price.

Braun Stacey Associates Inc. decreased its position in shares of Celsius Holdings Inc. (NASDAQ:CELH - Free Report) by 7.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 596,726 shares of the company's stock after selling 46,739 shares during the quarter. Braun Stacey Associates Inc. owned about 0.24% of Celsius worth $17,472,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Brown Brothers Harriman & Co. increased its holdings 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 worth $32,000 after acquiring an additional 500 shares during the period. Fideuram Asset Management Ireland dac acquired a new position in Celsius during the 4th quarter valued at about $31,000. EverSource Wealth Advisors LLC grew its position in Celsius by 244.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company's stock worth $52,000 after purchasing an additional 794 shares during the last quarter. Danske Bank A S bought a new position in Celsius in the 3rd quarter worth about $69,000. Finally, Summit Securities Group LLC acquired a new stake in shares of Celsius in the first quarter valued at approximately $56,000. Institutional investors own 60.95% of the company's stock.

Celsius Stock Down 0.0%

CELH stock opened at $32.98 on Friday. The firm's 50-day moving average is $30.03 and its two-hundred day moving average is $34.31. The company has a market capitalization of $8.35 billion, a price-to-earnings ratio of 137.42, a price-to-earnings-growth ratio of 2.76 and a beta of 0.95. Celsius Holdings Inc. has a 52 week low of $23.56 and a 52 week high of $66.74. The company has a current ratio of 1.80, a quick ratio of 1.42 and a debt-to-equity ratio of 0.56.

Celsius (NASDAQ:CELH - Get Free Report) last posted its quarterly earnings data 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 net margin of 4.24% and a return on equity of 36.52%. The company had revenue of $817.93 million during the quarter, compared to the consensus estimate of $870.08 million. During the same quarter last year, the business earned $0.47 earnings per share. The company's revenue was up 10.6% on a year-over-year basis. On average, analysts forecast that Celsius Holdings Inc. will post 1.47 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CELH. Sanford C. Bernstein downgraded Celsius from an "outperform" rating to a "market perform" rating and reduced their price objective for the stock from $44.00 to $26.00 in a research report on Friday, August 7th. Bank of America lowered their target price on Celsius from $55.00 to $45.00 and set a "buy" rating on the stock in a research report on Wednesday, June 24th. JPMorgan Chase & Co. cut their target price on Celsius from $56.00 to $52.00 and set an "overweight" rating on the stock in a research note on Friday, August 7th. Piper Sandler reiterated an "overweight" rating and set a $36.00 price target on shares of Celsius in a research report on Monday. Finally, Weiss Ratings lowered Celsius from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Tuesday, August 11th. Eighteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Celsius has an average rating of "Moderate Buy" and an average price target of $50.05.

Celsius 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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