UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Celsius Holdings Inc. (NASDAQ:CELH – Free Report) by 1.8% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 1,203,942 shares of the company’s stock after acquiring an additional 21,025 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.48% of Celsius worth $35,251,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fideuram Asset Management Ireland dac bought a new position in shares of Celsius in the fourth quarter valued at $31,000. Brown Brothers Harriman & Co. raised its stake in shares of Celsius by 1,020.4% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock worth $32,000 after purchasing an additional 500 shares during the period. EverSource Wealth Advisors LLC boosted its stake in Celsius by 244.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock valued at $52,000 after acquiring an additional 794 shares during the last quarter. Summit Securities Group LLC purchased a new position in Celsius in the first quarter valued at approximately $56,000. Finally, Ancora Advisors LLC bought a new position in shares of Celsius during the 2nd quarter worth $64,000. Institutional investors own 60.95% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on CELH. BNP Paribas Exane reiterated an “outperform” rating and issued a $57.00 price objective (down from $70.00) on shares of Celsius in a research note on Tuesday, May 26th. Morgan Stanley set a $42.00 target price on Celsius and gave the company an “overweight” rating in a research note on Friday, August 7th. UBS Group set a $44.00 target price on shares of Celsius and gave the company a “buy” rating in a report on Friday, August 7th. Stifel Nicolaus set a $37.00 price target on Celsius in a research note on Friday, August 7th. Finally, Stephens lowered their price target on Celsius from $65.00 to $50.00 and set an “overweight” rating for the company in a research report on Monday, August 10th. Sixteen equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Celsius has an average rating of “Moderate Buy” and a consensus price target of $44.94.
Celsius Stock Up 1.0%
CELH stock opened at $31.61 on Friday. The business’s 50-day moving average is $30.25 and its two-hundred day moving average is $33.83. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.42 and a current ratio of 1.80. The company has a market cap of $8.00 billion, a price-to-earnings ratio of 131.71, a P/E/G ratio of 2.14 and a beta of 0.93. Celsius Holdings Inc. has a fifty-two week low of $23.56 and a fifty-two week high of $66.74.
Celsius (NASDAQ:CELH – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.36 EPS 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 company had revenue of $817.93 million during the quarter, compared to the consensus estimate of $870.08 million. During the same period last year, the business earned $0.47 EPS. The firm’s quarterly revenue was up 10.6% compared to the same quarter last year. As a group, analysts forecast that Celsius Holdings Inc. will post 1.47 earnings per share for the current year.
Celsius Company Profile
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.
Featured Articles
- Five stocks we like better than Celsius
- The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story
- NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now
- Dropping the Dough: Yum! Brands Strategically Trims the Fat
- These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern
Want to see what other hedge funds are holding CELH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Celsius Holdings Inc. (NASDAQ:CELH – Free Report).
Receive News & Ratings for Celsius Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celsius and related companies with MarketBeat.com's FREE daily email newsletter.
