Celsius (NASDAQ:CELH) has been assigned a $10.00 price target by analysts at B. Riley in a report released on Friday, TipRanks reports. The firm presently has a “buy” rating on the stock. B. Riley’s price objective suggests a potential upside of 163.85% from the company’s current price. B. Riley also issued estimates for Celsius’ FY2020 earnings at $0.03 EPS.
CELH has been the topic of a number of other reports. ValuEngine upgraded shares of Celsius from a “hold” rating to a “buy” rating in a research note on Tuesday, September 10th. TheStreet upgraded shares of Celsius from a “d” rating to a “c+” rating in a research note on Friday, May 31st. Zacks Investment Research downgraded shares of Celsius from a “hold” rating to a “sell” rating in a research note on Tuesday, August 13th. Finally, Maxim Group reiterated a “buy” rating and set a $8.00 price objective on shares of Celsius in a research note on Friday, August 9th. One analyst has rated the stock with a sell rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $7.75.
Celsius stock traded up $0.19 during midday trading on Friday, reaching $3.79. The stock had a trading volume of 854,438 shares, compared to its average volume of 229,022. The company has a quick ratio of 2.35, a current ratio of 3.48 and a debt-to-equity ratio of 0.38. Celsius has a 52-week low of $3.09 and a 52-week high of $5.37. The firm has a market cap of $207.54 million, a price-to-earnings ratio of -16.48 and a beta of 1.00. The company has a fifty day moving average of $4.29 and a 200 day moving average of $4.17.
Celsius (NASDAQ:CELH) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.03) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.01). The firm had revenue of $16.12 million during the quarter, compared to analysts’ expectations of $15.15 million. Celsius had a negative return on equity of 39.40% and a net margin of 8.41%. Equities research analysts predict that Celsius will post -0.02 EPS for the current year.
A number of large investors have recently bought and sold shares of CELH. Susquehanna International Group LLP purchased a new position in shares of Celsius in the second quarter worth $189,000. Vanguard Group Inc. grew its position in shares of Celsius by 2.7% in the second quarter. Vanguard Group Inc. now owns 919,268 shares of the company’s stock valued at $4,081,000 after purchasing an additional 24,417 shares during the period. BlackRock Inc. grew its position in shares of Celsius by 14.0% in the second quarter. BlackRock Inc. now owns 1,344,774 shares of the company’s stock valued at $5,971,000 after purchasing an additional 164,651 shares during the period. Northern Trust Corp grew its position in shares of Celsius by 2.3% in the second quarter. Northern Trust Corp now owns 240,153 shares of the company’s stock valued at $1,066,000 after purchasing an additional 5,330 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of Celsius by 12.5% in the second quarter. Bank of New York Mellon Corp now owns 66,545 shares of the company’s stock valued at $295,000 after purchasing an additional 7,419 shares during the period. 48.55% of the stock is owned by institutional investors.
Celsius Company Profile
Celsius Holdings, Inc develops, markets, distributes, and sells functional calorie-burning fitness beverages in the United States and internationally. The company offers its beverages in various flavors, including carbonated orange, wild berry, cola, grape, kiwi-guava, and watermelon; and non-carbonated green tea raspberry/acai, green tea/peach mango, pineapple coconut, watermelon berry, and strawberries and cream, as well as sparkling grapefruit, cucumber lime, and orange pomegranate under the Celsius name.
Further Reading: Neutral Rating
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.