Celsius (NASDAQ:CELH) Hits New 12-Month Low – What’s Next?

Celsius Holdings Inc. (NASDAQ:CELH) hit a new 52-week low during trading on Thursday . The stock traded as low as $27.30 and last traded at $27.3890, with a volume of 3427569 shares trading hands. The stock had previously closed at $28.47.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CELH. Rothschild & Co Redburn began coverage on Celsius in a research note on Wednesday, May 6th. They issued a “neutral” rating and a $47.00 price target on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of Celsius in a report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $44.00 target price on shares of Celsius in a research report on Friday, May 8th. Sanford C. Bernstein restated an “outperform” rating and issued a $44.00 price target on shares of Celsius in a research report on Wednesday, June 17th. Finally, Weiss Ratings lowered shares of Celsius from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 11th. Twenty-one analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $58.65.

Celsius Stock Performance

The stock has a market capitalization of $6.93 billion, a PE ratio of 63.07, a P/E/G ratio of 1.09 and a beta of 0.94. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.43 and a current ratio of 1.77. The firm has a 50 day moving average of $29.84 and a 200-day moving average of $38.25.

Celsius (NASDAQ:CELH) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.12. The firm had revenue of $782.62 million for the quarter, compared to the consensus estimate of $763.08 million. Celsius had a net margin of 5.85% and a return on equity of 37.95%. The firm’s revenue was up 137.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.18 earnings per share. Research analysts forecast that Celsius Holdings Inc. will post 1.59 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO John Fieldly bought 8,475 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was bought at an average price of $29.36 per share, with a total value of $248,826.00. Following the purchase, 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Hal Kravitz purchased 8,400 shares of the stock in a transaction dated Friday, May 22nd. The shares were bought at an average price of $29.73 per share, for a total transaction of $249,732.00. Following the completion of the acquisition, the director owned 227,158 shares in the company, valued at $6,753,407.34. This represents a 3.84% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 2.33% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Flagship Harbor Advisors LLC purchased a new stake in shares of Celsius during the 4th quarter worth about $31,000. Fideuram Asset Management Ireland dac bought a new stake in shares of Celsius in the 4th quarter valued at approximately $31,000. Brown Brothers Harriman & Co. grew its stake in shares of Celsius by 1,020.4% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock valued at $32,000 after buying an additional 500 shares in the last quarter. SOA Wealth Advisors LLC. acquired a new position in Celsius in the fourth quarter worth approximately $46,000. Finally, EverSource Wealth Advisors LLC increased its holdings in Celsius by 244.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock worth $52,000 after buying an additional 794 shares during the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

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.