Before You Invest In Celsius Holdings Inc (NASDAQ:CELH), Consider This Metric

Stocks of Celsius Holdings Inc (NASDAQ:CELH) traded higher last session on Wall Street, up 2.93% to $179.27.

According to the data, Celsius Holdings Inc (NASDAQ:CELH) has 14 analysts covering its stock. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $250.00 and a low of $185.07, we find $210.00. Given the previous closing price of $174.16, this indicates a potential upside of 20.58 percent. CELH stock price is now 2.01% away from the 50-day moving average and 33.32% away from the 200-day moving average. The market capitalization of the company currently stands at $13.78B.

A total of 2 analysts have issued a hold rating and 11 have given it a buy rating. Brokers who have rated the stock have averaged $213.01 as their price target over the next twelve months.

With the price target of $190, Morgan Stanley recently initiated with Equal-Weight rating for Celsius Holdings Inc (NASDAQ: CELH).

In other news, Castaldo Nicholas, Director sold 55,000 shares of the company’s stock on Aug 23. The stock was sold for $9,986,900 at an average price of $181.58. Upon completion of the transaction, the Director now directly owns 110,491 shares in the company, valued at $19.81 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 22, Executive Vice President David Toby sold 54,941 shares of the business’s stock. A total of $9,794,870 was realized by selling the stock at an average price of $178.28. This leaves the insider owning 37,576 shares of the company worth $6.74 million. Insiders disposed of 10,206,166 shares of company stock worth roughly $1.83 billion over the past 1 year. A total of 50.30% of the company’s stock is owned by insiders.

Wednesday’s opening bell rang with an opening price of $178.00 for Celsius Holdings Inc (NASDAQ: CELH). During the past 12 months, Celsius Holdings Inc has had a low of $78.25 and a high of $206.85. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 3.93, and a quick ratio of 3.36. The fifty day moving average price for CELH is $175.74 and a two-hundred day moving average price translates $134.46 for the stock.

The latest earnings results from Celsius Holdings Inc (NASDAQ: CELH) was released for Sep, 2023. According to the Beverages – Non-Alcoholic Company, earnings per share came in at $0.52, beating analysts’ expectations of $0.28 by 0.24. This compares to -$2.40 EPS in the same period last year. The net profit margin was -14.64% and return on equity was -18.47% for CELH. The company reported revenue of $384.76 million for the quarter, compared to $188.23 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 104.4 percent. For the current quarter, analysts expect CELH to generate $348.94M in revenue.

Celsius Holdings Inc(CELH) Company Profile

Celsius Holdings, Inc. develops, processes, markets, distributes, and sells functional drinks and liquid supplements in the United States and internationally. The company 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. It 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 name; and CELSIUS ready-to drink products. It distributes its products through direct-to-store delivery distributors and direct to retailers, include 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.

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