Celsius (NASDAQ:CELH) Price Target Cut to $55.00 by Analysts at TD Cowen

Celsius (NASDAQ:CELH) had its target price cut by TD Cowen from $66.00 to $55.00 in a research report report published on Monday morning, MarketBeat.com reports. They currently have a buy rating on the stock.

Other equities research analysts have also issued research reports about the stock. UBS Group cut their target price on shares of Celsius from $72.00 to $62.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. Weiss Ratings upgraded shares of Celsius from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, March 4th. Roth Mkm reaffirmed a “buy” rating on shares of Celsius in a research report on Monday, February 9th. Deutsche Bank Aktiengesellschaft upgraded Celsius from a “hold” rating to a “buy” rating and reduced their target price for the stock from $56.00 to $44.00 in a report on Monday, March 30th. Finally, Piper Sandler reissued an “overweight” rating and issued a $65.00 target price (up from $61.00) on shares of Celsius in a research report on Thursday, January 29th. Twenty research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $65.89.

Celsius Stock Performance

Shares of CELH stock opened at $33.78 on Monday. The firm has a market capitalization of $8.68 billion, a price-to-earnings ratio of 135.12, a PEG ratio of 1.30 and a beta of 1.13. The stock has a fifty day moving average of $41.32 and a 200 day moving average of $47.31. Celsius has a 52 week low of $32.36 and a 52 week high of $66.74. The company has a quick ratio of 1.37, a current ratio of 1.68 and a debt-to-equity ratio of 0.57.

Celsius (NASDAQ:CELH) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.07. Celsius had a net margin of 4.29% and a return on equity of 37.68%. The business had revenue of $721.63 million for the quarter, compared to the consensus estimate of $638.17 million. During the same period in the previous year, the firm earned ($0.11) EPS. The company’s quarterly revenue was up 117.2% compared to the same quarter last year. As a group, research analysts expect that Celsius will post 1.55 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CELH. Harbor Investment Advisory LLC purchased a new stake in Celsius in the third quarter worth about $27,000. Flagship Harbor Advisors LLC purchased a new position in shares of Celsius during the fourth quarter valued at approximately $31,000. Fideuram Asset Management Ireland dac purchased a new position in shares of Celsius during the fourth quarter valued at approximately $31,000. Brown Brothers Harriman & Co. boosted its position in shares of Celsius by 1,020.4% in 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 in the last quarter. Finally, SOA Wealth Advisors LLC. bought a new stake in shares of Celsius in the 4th quarter worth approximately $46,000. 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.