Stephens Cuts Celsius (NASDAQ:CELH) Price Target to $50.00

Celsius (NASDAQ:CELH) had its price objective trimmed by Stephens from $65.00 to $50.00 in a research report report published on Monday, Marketbeat Ratings reports. The brokerage currently has an overweight rating on the stock.

Several other equities analysts have also recently commented on the company. Morgan Stanley set a $42.00 target price on Celsius and gave the stock an “overweight” rating in a research report on Friday, August 7th. Citigroup lowered their price target on Celsius from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Sanford C. Bernstein downgraded Celsius from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $44.00 to $26.00 in a research report on Friday, August 7th. UBS Group set a $44.00 price objective on Celsius and gave the stock a “buy” rating in a report on Friday, August 7th. Finally, BNP Paribas Exane restated an “outperform” rating and issued a $57.00 price objective (down from $70.00) on shares of Celsius in a research report on Tuesday, May 26th. Nineteen investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $50.50.

Celsius Stock Down 1.7%

Shares of NASDAQ:CELH opened at $27.62 on Monday. The firm has a fifty day moving average price of $29.26 and a two-hundred day moving average price of $35.88. The company has a market cap of $6.99 billion, a price-to-earnings ratio of 115.08, a PEG ratio of 2.34 and a beta of 0.95. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.80 and a quick ratio of 1.42. Celsius has a one year low of $23.56 and a one year high of $66.74.

Celsius (NASDAQ:CELH) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.05). Celsius had a return on equity of 36.52% and a net margin of 4.24%.The firm had revenue of $817.93 million during the quarter, compared to the consensus estimate of $870.08 million. During the same period in the previous year, the company posted $0.47 EPS. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. Analysts anticipate that Celsius will post 1.47 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Hal Kravitz bought 8,400 shares of Celsius stock in a transaction that occurred on Friday, May 22nd. The shares were acquired at an average price of $29.73 per share, with a total value of $249,732.00. Following the completion of the purchase, the director directly owned 227,158 shares in the company, valued at $6,753,407.34. The trade was a 3.84% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO John Fieldly purchased 8,475 shares of the stock in a transaction on Friday, May 22nd. The shares were purchased at an average price of $29.36 per share, for a total transaction of $248,826.00. Following the transaction, the chief executive officer directly owned 937,540 shares of the company’s stock, valued at approximately $27,526,174.40. This represents a 0.91% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 2.33% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Celsius

A number of large investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its holdings in Celsius by 16.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,501 shares of the company’s stock worth $69,000 after purchasing an additional 208 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its position in Celsius by 27.8% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,091 shares of the company’s stock valued at $53,000 after buying an additional 237 shares during the period. Quadrant Capital Group LLC boosted its holdings in shares of Celsius by 1.3% during the 3rd quarter. Quadrant Capital Group LLC now owns 18,459 shares of the company’s stock valued at $1,061,000 after buying an additional 238 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of Celsius by 14.2% during the 4th quarter. UMB Bank n.a. now owns 2,049 shares of the company’s stock valued at $94,000 after buying an additional 254 shares in the last quarter. Finally, Blue Chip Partners LLC grew its position in shares of Celsius by 2.4% in the 2nd quarter. Blue Chip Partners LLC now owns 11,701 shares of the company’s stock worth $543,000 after buying an additional 271 shares during the period. 60.95% of the stock is owned by hedge funds and other institutional investors.

About Celsius

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.