The stock of Celsius Holdings Inc. (NASDAQ:CELH) last traded at $100.47, down -3.43% from the previous session.
Data from the available sources indicates that Celsius Holdings Inc. (NASDAQ:CELH) is covered by 9 analysts. The consensus rating among analysts is ‘Buy’. CELH stock price is now 0.24% away from the 50-day moving average and 22.53% away from the 200-day moving average. The market capitalization of the company currently stands at $7.61B.
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In total, 2 analysts have assigned it a hold rating, and 7 have given it a buy rating.
With the price target of $90, Wedbush recently initiated with Neutral rating for Celsius Holdings Inc. (NASDAQ: CELH). On May 11, 2022, Maxim Group Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $70, while ‘Stifel’ rates the stock as ‘Buy’.
In other news, Castaldo Nicholas, Director sold 11,000 shares of the company’s stock on Nov 23. The stock was sold for $1,111,315 at an average price of $101.03. Upon completion of the transaction, the Director now directly owns 81,626 shares in the company, valued at $8.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 11, 10% Owner DESANTIS CARL sold 35,184 shares of the business’s stock. A total of $3,180,282 was realized by selling the stock at an average price of $90.39. This leaves the insider owning 710,000 shares of the company worth $71.33 million. Insiders disposed of 711,023 shares of company stock worth roughly $71.44 million over the past 1 year. A total of 0.50% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CELH stock. A new stake in Celsius Holdings Inc. shares was purchased by 1832 ASSET MANAGEMENT L.P. during the first quarter worth $68,320,000. LORD, ABBETT & CO. LLC invested $35,157,000 in shares of CELH during the first quarter. In the first quarter, EMERALD ADVISERS, LLC acquired a new stake in Celsius Holdings Inc. valued at approximately $21,348,000. EMERALD MUTUAL FUND ADVISERS TRUST acquired a new stake in CELH for approximately $15,296,000. RENAISSANCE TECHNOLOGIES LLC purchased a new stake in CELH valued at around $14,699,000 in the second quarter. In total, there are 354 active investors with 56.60% ownership of the company’s stock.
With an opening price of $105.52 on Tuesday morning, Celsius Holdings Inc. (NASDAQ: CELH) set off the trading day. During the past 12 months, Celsius Holdings Inc. has had a low of $38.31 and a high of $122.24. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 3.80, and a quick ratio of 3.20. The fifty day moving average price for CELH is $100.23 and a two-hundred day moving average price translates $81.99 for the stock.
The latest earnings results from Celsius Holdings Inc. (NASDAQ: CELH) was released for Jun, 2022. According to the Beverages – Non-Alcoholic Company, earnings per share came in at $0.12, beating analysts’ expectations of $0.08 by 0.04. This compares to -$0.13 EPS in the same period last year. The net profit margin was -30.00% and return on equity was -93.50% for CELH. The company reported revenue of $188.23 million for the quarter, compared to $94.91 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 98.33 percent. For the current quarter, analysts expect CELH to generate $161.91M in revenue.
Celsius Holdings Inc.(CELH) Company Profile
Celsius Holdings, Inc. develops, processes, markets, distributes, and sells functional drinks and liquid supplements in North America, Europe, Asia, and internationally. It offers various carbonated and non-carbonated functional energy drinks under the CELSIUS Originals name; dietary supplement in carbonated flavors, including apple jack’d, orangesicle, inferno punch, cherry lime, blueberry pomegranate, strawberry dragon fruit, tangerine grapefruit, and jackfruit under the CELSIUS HEAT name; and branched-chain amino acids functional energy drink that fuels muscle recovery under the CELSIUS BCCA+ENERGY name. The company also provides CELSIUS On-the-Go, a powdered form of the active ingredients in functional energy drinks in individual On-The-Go packets and canisters; and sparkling grapefruit, cucumber lime, and orange pomegranate, as well as pineapple coconut, watermelon berry, and strawberries and cream non-carbonated functional energy drinks under the CELSIUS Sweetened. It distributes its products through direct-to-store delivery distributors and direct to retailers, including supermarkets, convenience stores, drug stores, nutritional stores, and mass merchants, as well as health clubs, spas, gyms, the military, and e-commerce websites. The company was formerly known as Vector Ventures, Inc. and changed its name to Celsius Holdings, Inc. in January 2007. Celsius Holdings, Inc. was founded in 2004 and is headquartered in Boca Raton, Florida.
