BNP Paribas Financial Markets Increases Stock Position in Celsius Holdings Inc. $CELH

BNP Paribas Financial Markets boosted its position in Celsius Holdings Inc. (NASDAQ:CELH) by 389.1% during the third quarter, Holdings Channel.com reports. The fund owned 1,713,170 shares of the company’s stock after acquiring an additional 1,362,867 shares during the period. BNP Paribas Financial Markets’ holdings in Celsius were worth $98,490,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Alliancebernstein L.P. boosted its holdings in shares of Celsius by 3.4% during the second quarter. Alliancebernstein L.P. now owns 18,662,921 shares of the company’s stock worth $865,773,000 after purchasing an additional 617,743 shares during the period. Ameriprise Financial Inc. increased its holdings in Celsius by 20.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock valued at $114,587,000 after purchasing an additional 426,623 shares during the period. Holocene Advisors LP raised its position in Celsius by 130.6% during the 2nd quarter. Holocene Advisors LP now owns 2,108,041 shares of the company’s stock valued at $97,792,000 after purchasing an additional 1,193,707 shares during the last quarter. Divisadero Street Capital Management LP raised its position in Celsius by 89.4% during the 2nd quarter. Divisadero Street Capital Management LP now owns 1,497,450 shares of the company’s stock valued at $69,467,000 after purchasing an additional 706,888 shares during the last quarter. Finally, Mane Global Capital Management LP lifted its holdings in Celsius by 121.3% in the 2nd quarter. Mane Global Capital Management LP now owns 1,486,418 shares of the company’s stock worth $68,955,000 after buying an additional 814,890 shares during the period. 60.95% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CELH. Bank of America upgraded Celsius from an “underperform” rating to a “buy” rating and set a $65.00 price objective on the stock in a research report on Friday, February 27th. JPMorgan Chase & Co. raised their price target on Celsius from $68.00 to $77.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. Roth Mkm reiterated a “buy” rating on shares of Celsius in a report on Monday, February 9th. KeyCorp began coverage on shares of Celsius in a report on Tuesday, December 16th. They issued a “sector weight” rating for the company. Finally, Needham & Company LLC lifted their target price on shares of Celsius from $70.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Nineteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Celsius currently has a consensus rating of “Moderate Buy” and an average price target of $67.72.

Celsius Stock Down 4.5%

NASDAQ:CELH opened at $43.68 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.37 and a current ratio of 1.68. The firm has a market cap of $11.22 billion, a P/E ratio of 174.72, a P/E/G ratio of 1.51 and a beta of 0.89. Celsius Holdings Inc. has a fifty-two week low of $26.09 and a fifty-two week high of $66.74. The firm has a 50-day simple moving average of $49.63 and a two-hundred day simple moving average of $51.25.

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 the consensus estimate of $0.19 by $0.07. The firm had revenue of $721.63 million for 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 business’s revenue was up 117.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.11) earnings per share. Analysts predict that Celsius Holdings Inc. will post 0.89 earnings per share for the current fiscal 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.