Celsius Holdings Inc (NASDAQ:CELH) shares traded -3.49% lower at $52.29 on Wall Street last session.
In accordance with the data, 15 analysts cover 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 $70.00. Given the previous closing price of $54.18, this indicates a potential upside of 29.2 percent. CELH stock price is now -7.43% away from the 50-day moving average and 14.24% away from the 200-day moving average. The market capitalization of the company currently stands at $12.11B.
It has been rated a hold by 2 analysts and a buy by 12. Brokers who have rated the stock have averaged $70.82 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, Guilfoyle Tony, EVP – Domestic Sales sold 10,190 shares of the company’s stock on Nov 20. The stock was sold for $541,497 at an average price of $53.14. Upon completion of the transaction, the EVP – Domestic Sales now directly owns 234,340 shares in the company, valued at $12.25 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 23, Director Castaldo Nicholas sold 55,000 shares of the business’s stock. A total of $9,986,900 was realized by selling the stock at an average price of $181.58. This leaves the insider owning 110,491 shares of the company worth $5.78 million. Insiders disposed of 10,319,166 shares of company stock worth roughly $539.59 million over the past 1 year. A total of 40.22% of the company’s stock is owned by insiders.
Celsius Holdings Inc (NASDAQ: CELH) opened at $53.70 on Tuesday. 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 $56.19 and a two-hundred day moving average price translates $45.87 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.
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.
