Wall Street Zen downgraded shares of Celsius (NASDAQ:CELH – Free Report) from a hold rating to a sell rating in a research report sent to investors on Saturday morning.
CELH has been the topic of a number of other reports. Weiss Ratings cut shares of Celsius from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday. Sanford C. Bernstein lowered shares of Celsius from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $44.00 to $26.00 in a research note on Friday, August 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $44.00 price target on shares of Celsius in a report on Friday, May 8th. Zacks Research downgraded Celsius from a “hold” rating to a “strong sell” rating in a research note on Friday, August 7th. Finally, TD Cowen reduced their price objective on Celsius from $66.00 to $55.00 and set a “buy” rating for the company in a report on Monday, April 20th. Nineteen investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $50.50.
View Our Latest Stock Report on Celsius
Celsius Price Performance
Celsius (NASDAQ:CELH – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.05). Celsius had a net margin of 4.24% and a return on equity of 36.52%. The company had revenue of $817.93 million for the quarter, compared to the consensus estimate of $870.08 million. During the same quarter in the previous year, the company posted $0.47 EPS. Celsius’s quarterly revenue was up 10.6% compared to the same quarter last year. On average, equities research analysts forecast that Celsius will post 1.47 earnings per share for the current year.
Insider Activity
In other Celsius news, CEO John Fieldly purchased 8,475 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were 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 owned 937,540 shares of the company’s stock, valued at $27,526,174.40. This represents a 0.91% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Hal Kravitz purchased 8,400 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were acquired at an average price of $29.73 per share, for a total transaction of $249,732.00. Following the completion of the purchase, 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. Additional details regarding this purchase are available in the official SEC disclosure. 2.33% of the stock is owned by company insiders.
Institutional Investors Weigh In On Celsius
Hedge funds and other institutional investors have recently bought and sold shares of the business. Ancora Advisors LLC purchased a new stake in shares of Celsius during the second quarter worth $64,000. Ranger Investment Management L.P. bought a new position in shares of Celsius in the second quarter worth $13,629,000. Knuff & Co LLC purchased a new position in shares of Celsius in the second quarter valued at $4,846,000. Bank of New York Mellon Corp purchased a new position in shares of Celsius in the second quarter valued at $43,040,000. Finally, Handelsbanken Fonder AB grew its position in shares of Celsius by 18.2% in the second quarter. Handelsbanken Fonder AB now owns 63,000 shares of the company’s stock valued at $1,845,000 after purchasing an additional 9,700 shares in 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.
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