Celsius (NASDAQ:CELH) Shares Gap Down - Time to Sell?

Key Points

• Celsius shares fell 4.4%, opening at $33.90 versus a prior close of $35.23, amid trading volume of roughly 1.26 million shares.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and a $50.05 target price, though Zacks downgraded the stock to “Strong Sell” and Deutsche Bank cut it to “Hold.”
• The company’s latest results missed expectations: quarterly EPS came in at $0.36 versus $0.41 expected, while revenue of $817.93 million fell short of the $870.08 million consensus despite growing 10.6% year over year.

Celsius Holdings Inc. (NASDAQ:CELH - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $35.23, but opened at $33.90. Celsius shares last traded at $33.8980, with a volume of 1,261,278 shares.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CELH. Zacks Research downgraded Celsius from a "hold" rating to a "strong sell" rating in a report on Friday, August 7th. Stifel Nicolaus set a $37.00 price target on Celsius in a research note on Friday, August 7th. Jefferies Financial Group reaffirmed a "buy" rating on shares of Celsius in a research report on Tuesday, May 19th. UBS Group set a $44.00 price objective on shares of Celsius and gave the stock a "buy" rating in a research note on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Celsius from a "buy" rating to a "hold" rating in a report on Thursday. Eighteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Celsius presently has a consensus rating of "Moderate Buy" and a consensus target price of $50.05.

Celsius Trading Down 4.4%

The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.42 and a current ratio of 1.80. The stock has a market capitalization of $8.52 billion, a PE ratio of 140.23, a PEG ratio of 2.95 and a beta of 0.95. The stock has a 50-day moving average price of $29.94 and a two-hundred day moving average price of $34.45.

Celsius (NASDAQ:CELH - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $870.08 million. During the same quarter last year, the firm posted $0.47 earnings per share. The company's revenue was up 10.6% compared to the same quarter last year. As a group, equities analysts forecast that Celsius Holdings Inc. will post 1.47 earnings per share for the current year.

Hedge Funds Weigh In On Celsius

A number of hedge funds have recently modified their holdings of the company. Brown Brothers Harriman & Co. lifted its stake in shares of Celsius by 1,020.4% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company's stock valued at $32,000 after buying an additional 500 shares in the last quarter. Fideuram Asset Management Ireland dac purchased a new position in Celsius during the fourth quarter valued at $31,000. Continuum Advisory LLC purchased a new position in shares of Celsius during the second quarter valued at about $31,000. EverSource Wealth Advisors LLC grew its holdings in Celsius by 244.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company's stock valued at $52,000 after buying an additional 794 shares in the last quarter. Finally, Danske Bank A S bought a new stake in Celsius in the third quarter worth $69,000. 60.95% of the stock is currently owned by institutional investors.

About Celsius

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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