Celsius (NASDAQ:CELH) Hits New 12-Month Low on Analyst Downgrade

Celsius Holdings Inc. (NASDAQ:CELH) reached a new 52-week low on Tuesday after TD Cowen lowered their price target on the stock from $66.00 to $55.00. TD Cowen currently has a buy rating on the stock. Celsius traded as low as $32.30 and last traded at $32.6470, with a volume of 5341706 shares traded. The stock had previously closed at $33.78.

CELH has been the topic of several other reports. UBS Group reduced 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. Citigroup reduced their target price on Celsius from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. JPMorgan Chase & Co. increased their target price on Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Bank of America upgraded 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. Finally, Piper Sandler reiterated an “overweight” rating and set 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 issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $65.89.

Institutional Investors Weigh In On Celsius

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Spire Wealth Management boosted its stake in shares of Celsius by 7.6% in the 3rd quarter. Spire Wealth Management now owns 2,547 shares of the company’s stock valued at $146,000 after purchasing an additional 180 shares in the last quarter. KLP Kapitalforvaltning AS raised its holdings in shares of Celsius by 0.6% in the third quarter. KLP Kapitalforvaltning AS now owns 33,100 shares of the company’s stock valued at $1,903,000 after buying an additional 200 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Celsius by 16.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,501 shares of the company’s stock valued at $69,000 after buying an additional 208 shares during the last quarter. TriaGen Wealth Management LLC increased its position in Celsius by 1.4% in the third quarter. TriaGen Wealth Management LLC now owns 15,824 shares of the company’s stock worth $910,000 after purchasing an additional 218 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. increased its position in 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 during the period. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Celsius Stock Performance

The company has a debt-to-equity ratio of 0.57, a current ratio of 1.68 and a quick ratio of 1.37. The stock has a market capitalization of $8.40 billion, a price-to-earnings ratio of 130.76, a price-to-earnings-growth ratio of 1.25 and a beta of 1.13. The stock has a 50-day moving average of $41.05 and a 200 day moving average of $47.13.

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

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.