Celsius (NASDAQ:CELH) Trading Down 7.3% – What’s Next?

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

Analyst Upgrades and Downgrades

CELH has been the topic of a number of recent analyst reports. UBS Group cut their target price on Celsius from $72.00 to $62.00 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. Bank of America raised Celsius from an “underperform” rating to a “buy” rating and set a $65.00 target price on the stock in a research report on Friday, February 27th. Rothschild & Co Redburn initiated coverage on Celsius in a research report on Wednesday, May 6th. They set a “neutral” rating and a $47.00 target price on the stock. Needham & Company LLC boosted their target price on Celsius from $70.00 to $75.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Finally, Weiss Ratings upgraded Celsius from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. Twenty-one investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $63.55.

Celsius Stock Down 7.5%

The business has a 50 day simple moving average of $33.50 and a 200 day simple moving average of $41.95. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.77 and a quick ratio of 1.43. The stock has a market cap of $7.87 billion, a PE ratio of 71.74, a P/E/G ratio of 1.27 and a beta of 0.93.

Celsius (NASDAQ:CELH) last issued its earnings results 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 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 quarter in the previous year, the company posted $0.18 earnings per share. On average, equities research analysts forecast that Celsius Holdings Inc. will post 1.59 EPS for the current fiscal year.

Insider Activity

In related news, Director Hal Kravitz purchased 8,400 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was bought at an average price of $29.73 per share, for a total transaction of $249,732.00. Following the purchase, the director owned 227,158 shares in the company, valued at $6,753,407.34. The trade was a 3.84% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO John Fieldly purchased 8,475 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were 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 owned 937,540 shares in the company, valued at $27,526,174.40. This represents a 0.91% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 2.33% of the company’s stock.

Institutional Trading of Celsius

Large investors have recently made changes to their positions in the stock. Flagship Harbor Advisors LLC bought a new stake in shares of Celsius during the 4th quarter worth about $31,000. Fideuram Asset Management Ireland dac acquired a new position in shares of Celsius during the 4th quarter worth about $31,000. Brown Brothers Harriman & Co. lifted its position 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 last quarter. SOA Wealth Advisors LLC. acquired a new position in shares of Celsius during the 4th quarter worth about $46,000. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Celsius by 244.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock worth $52,000 after purchasing an additional 794 shares during the last quarter. Institutional investors own 60.95% of the company’s stock.

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.