Roth Capital Comments on Celsius Holdings, Inc.'s Q4 2024 Earnings (NASDAQ:CELH)

Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) - Equities research analysts at Roth Capital raised their Q4 2024 EPS estimates for Celsius in a report issued on Wednesday, May 8th. Roth Capital analyst S. Mcgowan now expects that the company will earn $0.26 per share for the quarter, up from their prior forecast of $0.25. The consensus estimate for Celsius' current full-year earnings is $1.09 per share. Roth Capital also issued estimates for Celsius' FY2026 earnings at $1.76 EPS.

Celsius (NASDAQ:CELH - Get Free Report) last announced its earnings results on Tuesday, May 7th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.07. Celsius had a return on equity of 131.58% and a net margin of 17.21%. The firm had revenue of $355.70 million for the quarter, compared to the consensus estimate of $390.37 million. During the same period in the previous year, the business earned $0.13 EPS. The firm's revenue for the quarter was up 36.9% on a year-over-year basis.

A number of other analysts also recently commented on the company. Jefferies Financial Group upped their target price on Celsius from $98.00 to $105.00 and gave the stock a "buy" rating in a research note on Monday, March 18th. Roth Mkm increased their price target on shares of Celsius from $90.00 to $105.00 and gave the company a "buy" rating in a research note on Thursday, March 14th. Stifel Europe upped their price objective on Celsius from $90.00 to $95.00 and gave the company a "buy" rating in a report on Monday, March 18th. Morgan Stanley reissued an "equal weight" rating and set a $75.00 target price on shares of Celsius in a research note on Wednesday, March 27th. Finally, Bank of America lowered Celsius from a "buy" rating to a "neutral" rating and set a $65.00 price target on the stock. in a research note on Friday, January 19th. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $84.95.

Celsius Stock Up 0.9 %

Shares of Celsius stock traded up $0.74 during midday trading on Friday, hitting $82.81. The company had a trading volume of 5,642,566 shares, compared to its average volume of 4,847,871. The stock has a market cap of $19.13 billion, a price-to-earnings ratio of 107.55, a PEG ratio of 2.22 and a beta of 1.93. Celsius has a 12-month low of $40.87 and a 12-month high of $99.62. The company has a fifty day simple moving average of $81.43 and a 200 day simple moving average of $66.08.

Insider Transactions at Celsius

In related news, major shareholder Dean Desantis sold 100,000 shares of Celsius stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $95.75, for a total transaction of $9,575,000.00. Following the sale, the insider now directly owns 219,257 shares in the company, valued at approximately $20,993,857.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Caroline S. Levy sold 20,000 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $94.77, for a total transaction of $1,895,400.00. Following the completion of the transaction, the director now directly owns 37,891 shares of the company's stock, valued at $3,590,930.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Dean Desantis sold 100,000 shares of the business's stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $95.75, for a total value of $9,575,000.00. Following the transaction, the insider now owns 219,257 shares in the company, valued at approximately $20,993,857.75. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,045,196 shares of company stock valued at $131,499,404. 2.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of Celsius by 18.7% during the 1st quarter. Vanguard Group Inc. now owns 16,313,762 shares of the company's stock worth $1,352,737,000 after purchasing an additional 2,567,290 shares in the last quarter. Pinnacle Wealth Planning Services Inc. acquired a new position in Celsius during the first quarter worth about $203,000. Anthracite Investment Company Inc. purchased a new position in Celsius in the first quarter valued at about $391,000. Blair William & Co. IL purchased a new stake in shares of Celsius during the 1st quarter worth approximately $396,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Celsius by 19.8% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 83,327 shares of the company's stock valued at $6,909,000 after purchasing an additional 13,800 shares in the last quarter. Institutional investors and hedge funds own 60.95% of the company's stock.

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.