Celsius (NASDAQ:CELH) Upgraded to Buy at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of Celsius (NASDAQ:CELH) from a hold rating to a buy rating in a report released on Monday, Marketbeat reports. The firm currently has $44.00 price target on the stock, down from their prior price target of $56.00.

CELH has been the topic of several other reports. UBS Group reiterated a “buy” rating and set a $70.00 price objective (up from $65.00) on shares of Celsius in a research report on Wednesday, January 14th. Morgan Stanley reaffirmed an “overweight” rating and issued a $64.00 target price on shares of Celsius in a research note on Tuesday, March 17th. Needham & Company LLC increased their price target on shares of Celsius from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, February 27th. KeyCorp assumed coverage on shares of Celsius in a research note on Tuesday, December 16th. They set a “sector weight” rating on the stock. Finally, Piper Sandler restated an “overweight” rating and issued a $65.00 price objective (up from $61.00) on shares of Celsius in a report on Thursday, January 29th. Twenty investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $66.61.

Celsius Price Performance

CELH stock opened at $33.81 on Monday. The firm has a 50 day simple moving average of $46.69 and a two-hundred day simple moving average of $49.45. 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 cap of $8.69 billion, a PE ratio of 135.24, a P/E/G ratio of 1.11 and a beta of 0.89. Celsius has a one year low of $32.36 and a one year high of $66.74.

Celsius (NASDAQ:CELH) last announced its earnings results on Thursday, February 26th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.07. Celsius had a net margin of 4.29% and a return on equity of 37.68%. The company had revenue of $721.63 million during the quarter, compared to analyst estimates of $638.17 million. During the same period in the previous year, the business earned ($0.11) earnings per share. The firm’s quarterly revenue was up 117.2% compared to the same quarter last year. On average, analysts predict that Celsius will post 0.89 EPS for the current fiscal year.

Institutional Investors Weigh In On Celsius

Institutional investors have recently bought and sold shares of the stock. Harbor Investment Advisory LLC bought a new stake in Celsius in the third quarter valued at approximately $27,000. Brown Brothers Harriman & Co. boosted its stake in shares of 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 during the period. Flagship Harbor Advisors LLC bought a new position in shares of Celsius in the fourth quarter worth approximately $31,000. Fideuram Asset Management Ireland dac bought a new position in shares of Celsius in the fourth quarter worth approximately $31,000. Finally, Cullen Frost Bankers Inc. increased its stake in shares of Celsius by 697.3% in the third quarter. Cullen Frost Bankers Inc. now owns 901 shares of the company’s stock worth $52,000 after buying an additional 788 shares during the period. 60.95% of the stock is currently 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.