Celsius (NASDAQ:CELH) Shares Down 7.3% – Here’s Why

Celsius Holdings Inc. (NASDAQ:CELH) fell 7.3% on Monday . The company traded as low as $30.90 and last traded at $30.8420. 8,065,811 shares traded hands during mid-day trading, an increase of 17% from the average session volume of 6,884,676 shares. The stock had previously closed at $33.27.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CELH. Jefferies Financial Group reaffirmed a “buy” rating on shares of Celsius in a research note on Tuesday, May 19th. Bank of America raised Celsius from an “underperform” rating to a “buy” rating and set a $65.00 target price for the company in a research note on Friday, February 27th. Weiss Ratings raised Celsius from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Morgan Stanley reissued an “overweight” rating and set a $55.00 target price (down from $64.00) on shares of Celsius in a research note on Friday, May 8th. Finally, Citigroup lowered their target price on Celsius from $65.00 to $60.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Twenty-one research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Celsius presently has an average rating of “Moderate Buy” and an average target price of $63.55.

Celsius Trading Down 1.1%

The company has a 50-day moving average price of $33.26 and a 200-day moving average price of $41.86. The firm has a market capitalization of $7.81 billion, a price-to-earnings ratio of 71.02, a PEG ratio of 1.18 and a beta of 0.93. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.43 and a current ratio of 1.77.

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

Insider Activity

In other Celsius news, CEO John Fieldly acquired 8,475 shares of the stock in a transaction dated Friday, May 22nd. The stock was acquired at an average cost of $29.36 per share, with a total value of $248,826.00. Following the transaction, the chief executive officer owned 937,540 shares in the company, valued at $27,526,174.40. The trade was a 0.91% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Hal Kravitz acquired 8,400 shares of the stock in a transaction dated Friday, May 22nd. The shares were acquired at an average cost of $29.73 per share, with a total value of $249,732.00. Following the completion of the transaction, the director owned 227,158 shares in the company, valued at approximately $6,753,407.34. This represents a 3.84% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 2.33% of the company’s stock.

Institutional Trading of Celsius

Institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Celsius by 2,293.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 41,747 shares of the company’s stock valued at $1,952,000 after purchasing an additional 40,003 shares during the last quarter. Hillsdale Investment Management Inc. purchased a new stake in shares of Celsius in the 4th quarter valued at about $3,316,000. SBI Securities Co. Ltd. lifted its holdings in shares of Celsius by 342.2% in the 4th quarter. SBI Securities Co. Ltd. now owns 150,438 shares of the company’s stock valued at $6,881,000 after purchasing an additional 116,414 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Celsius by 4.6% in the 4th quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock valued at $826,750,000 after purchasing an additional 802,743 shares during the last quarter. Finally, OFI Invest Asset Management purchased a new stake in shares of Celsius in the 4th quarter valued at about $22,705,000. 60.95% of the stock is owned by hedge funds and other institutional investors.

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.