UBS Group Lowers Celsius (NASDAQ:CELH) Price Target to $62.00

Celsius (NASDAQ:CELH) had its price objective cut by UBS Group from $72.00 to $62.00 in a report released on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. UBS Group’s price target indicates a potential upside of 79.96% from the company’s current price.

A number of other research analysts have also weighed in on CELH. Weiss Ratings raised shares of Celsius from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, March 4th. Roth Mkm reissued a “buy” rating on shares of Celsius in a research note on Monday, February 9th. Needham & Company LLC raised their target price on shares of Celsius from $70.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Piper Sandler reissued an “overweight” rating and issued a $65.00 target price (up from $61.00) on shares of Celsius in a research note on Thursday, January 29th. Finally, JPMorgan Chase & Co. raised their target price on shares of Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. Twenty equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $66.17.

Celsius Price Performance

CELH traded down $1.68 during trading on Tuesday, reaching $34.45. The company’s stock had a trading volume of 3,700,456 shares, compared to its average volume of 5,562,417. The company has a quick ratio of 1.37, a current ratio of 1.68 and a debt-to-equity ratio of 0.57. The firm has a fifty day simple moving average of $44.59 and a two-hundred day simple moving average of $48.70. Celsius has a 1 year low of $32.36 and a 1 year high of $66.74. The company has a market cap of $8.85 billion, a price-to-earnings ratio of 137.60, a PEG ratio of 1.16 and a beta of 1.13.

Celsius (NASDAQ:CELH) last released its earnings results on Thursday, February 26th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.07. Celsius had a net margin of 4.29% and a return on equity of 37.68%. The business had revenue of $721.63 million for the quarter, compared to analyst estimates of $638.17 million. During the same period last year, the company posted ($0.11) EPS. The business’s revenue was up 117.2% on a year-over-year basis. As a group, analysts anticipate that Celsius will post 0.89 EPS for the current year.

Institutional Trading of Celsius

Several institutional investors have recently made changes to their positions in CELH. IFM Investors Pty Ltd purchased a new stake in shares of Celsius during the 1st quarter valued at approximately $1,275,000. Royal Bank of Canada raised its position in shares of Celsius by 79.2% during the 1st quarter. Royal Bank of Canada now owns 257,666 shares of the company’s stock valued at $9,179,000 after buying an additional 113,840 shares during the period. NewEdge Advisors LLC raised its position in shares of Celsius by 131.5% during the 1st quarter. NewEdge Advisors LLC now owns 23,166 shares of the company’s stock valued at $825,000 after buying an additional 13,159 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Celsius by 14.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 433,241 shares of the company’s stock valued at $15,432,000 after buying an additional 53,844 shares during the period. Finally, Prudential Financial Inc. raised its position in shares of Celsius by 27.3% during the 2nd quarter. Prudential Financial Inc. now owns 13,842 shares of the company’s stock valued at $642,000 after buying an additional 2,970 shares during the period. 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.