Celsius (NASDAQ:CELH) Cut to Sell at Wall Street Zen

Wall Street Zen cut shares of Celsius (NASDAQ:CELH) from a hold rating to a sell rating in a research note published on Saturday.

Several other analysts have also commented on CELH. JPMorgan Chase & Co. cut their price objective on Celsius from $56.00 to $52.00 and set an “overweight” rating for the company in a report on Friday, August 7th. The Goldman Sachs Group set a $45.00 target price on Celsius in a report on Monday, August 10th. Roth Capital reissued a “buy” rating and issued a $48.00 target price on shares of Celsius in a research report on Friday, August 7th. UBS Group set a $44.00 price target on Celsius and gave the company a “buy” rating in a research note on Friday, August 7th. Finally, Zacks Research lowered shares of Celsius from a “hold” rating to a “strong sell” rating in a research report on Friday, August 7th. Nineteen investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Celsius currently has an average rating of “Moderate Buy” and a consensus price target of $50.50.

Celsius Stock Up 2.9%

Shares of Celsius stock opened at $29.94 on Friday. Celsius has a twelve month low of $23.56 and a twelve month high of $66.74. The company has a quick ratio of 1.42, a current ratio of 1.80 and a debt-to-equity ratio of 0.56. The company’s 50 day moving average is $29.33 and its 200 day moving average is $35.33. The company has a market cap of $7.58 billion, a price-to-earnings ratio of 124.75, a price-to-earnings-growth ratio of 2.43 and a beta of 0.95.

Celsius (NASDAQ:CELH) last posted its earnings results on Thursday, August 6th. The company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.05). The company had revenue of $817.93 million during the quarter, compared to the consensus estimate of $870.08 million. Celsius had a return on equity of 36.52% and a net margin of 4.24%.The company’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same period last year, the firm posted $0.47 EPS. Research analysts anticipate that Celsius will post 1.47 EPS for the current year.

Insider Transactions at Celsius

In related news, Director Hal Kravitz purchased 8,400 shares of Celsius stock in a transaction on Friday, May 22nd. The stock was acquired at an average price of $29.73 per share, for a total transaction of $249,732.00. Following the completion of the transaction, the director directly owned 227,158 shares in the company, valued at $6,753,407.34. This represents a 3.84% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO John Fieldly acquired 8,475 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was bought at an average cost of $29.36 per share, for a total transaction 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 trade represents a 0.91% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 2.33% of the company’s stock.

Institutional Investors Weigh In On Celsius

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. lifted its holdings in Celsius by 1,020.4% during the third quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock valued at $32,000 after purchasing an additional 500 shares in the last quarter. Fideuram Asset Management Ireland dac purchased a new stake in shares of Celsius in the fourth quarter worth $31,000. Whittier Trust Co. of Nevada Inc. increased its stake in shares of Celsius by 27.8% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,091 shares of the company’s stock worth $53,000 after purchasing an additional 237 shares in the last quarter. EverSource Wealth Advisors LLC raised 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 valued at $52,000 after purchasing an additional 794 shares during the period. Finally, Danske Bank A S bought a new stake in shares of Celsius during the 3rd quarter valued at $69,000. 60.95% of the stock is owned by hedge funds and other institutional investors.

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.