The price of Celsius Holdings Inc (NASDAQ:CELH) shares last traded on Wall Street fell -1.27% to $51.59.
Based on available information, 15 analysts follow Celsius Holdings Inc (NASDAQ:CELH). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $83.33 and a low of $61.69, we find $71.67. Given the previous closing price of $52.25, this indicates a potential upside of 37.17 percent. CELH stock price is now -10.67% away from the 50-day moving average and 13.66% away from the 200-day moving average. The market capitalization of the company currently stands at $3.98B.
Among analysts, 2 rate the stock a hold while 12 rate it a buy. Brokers who have rated the stock have averaged $71.08 as their price target over the next twelve months.
With the price target of $217, Jefferies recently initiated with Buy 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 $5.7 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 $1.94 million. Insiders disposed of 10,319,166 shares of company stock worth roughly $532.37 million over the past 1 year. A total of 40.20% of the company’s stock is owned by insiders.
A candlestick chart of Celsius Holdings Inc (NASDAQ: CELH) showed a price of $52.86 on Wednesday morning. During the past 12 months, Celsius Holdings Inc has had a low of $26.75 and a high of $68.95. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 3.58, and a quick ratio of 2.99. The fifty day moving average price for CELH is $57.45 and a two-hundred day moving average price translates $45.84 for the stock.
The latest earnings results from Celsius Holdings Inc (NASDAQ: CELH) was released for Sep, 2023. The net profit margin was 10.25% and return on equity was 16.18% 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.