Celsius (NASDAQ:CELH) Shares Down 7.5% – What’s Next?

Celsius Holdings Inc. (NASDAQ:CELH)’s stock price fell 7.5% during trading on Monday . The stock traded as low as $49.58 and last traded at $49.5740. 2,798,662 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 4,753,660 shares. The stock had previously closed at $53.61.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CELH. JPMorgan Chase & Co. increased their target price on shares of Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Roth Mkm reissued a “buy” rating on shares of Celsius in a research note on Monday, February 9th. Piper Sandler restated an “overweight” rating and set a $65.00 target price (up from $61.00) on shares of Celsius in a research note on Thursday, January 29th. Citigroup dropped their price objective on Celsius from $73.00 to $65.00 and set a “buy” rating for the company in a research report on Friday, November 7th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Celsius in a research report on Monday, December 29th. Nineteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $67.72.

Celsius Trading Down 8.1%

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 company has a market cap of $12.70 billion, a price-to-earnings ratio of 197.08, a PEG ratio of 0.85 and a beta of 0.90. The firm has a 50 day moving average price of $49.66 and a two-hundred day moving average price of $52.07.

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

Institutional Investors Weigh In On Celsius

A number of hedge funds have recently added to or reduced their stakes in the business. Lisanti Capital Growth LLC bought a new stake in Celsius in the second quarter worth $5,386,000. Allworth Financial LP raised its position in shares of Celsius by 1,993.0% in the 2nd quarter. Allworth Financial LP now owns 11,135 shares of the company’s stock worth $517,000 after purchasing an additional 10,603 shares during the last quarter. Hood River Capital Management LLC raised its position in shares of Celsius by 249.5% in the 2nd quarter. Hood River Capital Management LLC now owns 1,302,164 shares of the company’s stock worth $60,407,000 after purchasing an additional 929,597 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in Celsius in the 3rd quarter worth about $1,619,000. Finally, Los Angeles Capital Management LLC purchased a new position in Celsius in the second quarter worth about $297,000. 60.95% of the stock is currently owned by 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.