Celsius Holdings Inc (NASDAQ:CELH) shares traded -3.54% lower at $22.92 on Wall Street last session.
CELH stock price is now -17.10% away from the 50-day moving average and -48.48% away from the 200-day moving average. The market capitalization of the company currently stands at $5.39B.
With the price target reduced from $47 to $33, Piper Sandler maintained Overweight rating for Celsius Holdings Inc (NASDAQ: CELH). On January 22, 2025, TD Cowen Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $40 to quote $29, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Milmoe William H., 10% Owner sold 65,000 shares of the company’s stock on Dec 12 ’24. The stock was sold for $2,024,750 at an average price of $31.15. Upon completion of the transaction, the 10% Owner now directly owns 261,245 shares in the company, valued at $5.99 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 13 ’24, Chief Executive Officer Fieldly John sold 551,421 shares of the business’s stock. A total of $18,946,826 was realized by selling the stock at an average price of $34.36. This leaves the insider owning 1,261,069 shares of the company worth $28.9 million. A total of 28.75% of the company’s stock is owned by insiders.
During the past 12 months, Celsius Holdings Inc has had a low of $23.51 and a high of $99.62. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 4.66, and a quick ratio of 3.98. According to the stock market information, the enterprise value for the company is $5313499648, which is based on a 31.80 price-to-earnings ratio, a 2.60 price-to-earnings-growth ratio, and a beta of 1.90. The fifty day moving average price for CELH is $27.7354 and a two-hundred day moving average price translates $44.73205 for the stock.
The latest earnings results from Celsius Holdings Inc (NASDAQ: CELH) was released for 2024-09-30. The net profit margin was 12.40% and return on equity was 18.73% for CELH. The company reported revenue of $265.75 million for the quarter, compared to $384.76 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -30.93 percent.
