Wall Street Zen Downgrades Celsius (NASDAQ:CELH) to Sell

Celsius (NASDAQ:CELH) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

A number of other research analysts also recently issued reports on CELH. Rothschild & Co Redburn initiated coverage on Celsius in a research note on Wednesday, May 6th. They issued a “neutral” rating and a $47.00 price objective for the company. Roth Capital reaffirmed a “buy” rating and issued a $48.00 price objective on shares of Celsius in a research report on Friday, August 7th. Stifel Nicolaus set a $37.00 price target on shares of Celsius in a research note on Friday, August 7th. JPMorgan Chase & Co. reduced their price objective on Celsius from $56.00 to $52.00 and set an “overweight” rating for the company in a report on Friday, August 7th. Finally, Bank of America decreased their target price on Celsius from $55.00 to $45.00 and set a “buy” rating for the company in a research report on Wednesday, June 24th. Nineteen research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $50.50.

Celsius Price Performance

CELH stock opened at $29.09 on Friday. Celsius has a twelve month low of $23.56 and a twelve month high of $66.74. The company has a quick ratio of 1.42, a current ratio of 1.80 and a debt-to-equity ratio of 0.56. The stock’s 50 day moving average is $29.30 and its 200-day moving average is $35.51. The firm has a market capitalization of $7.36 billion, a PE ratio of 121.21, a P/E/G ratio of 2.43 and a beta of 0.95.

Celsius (NASDAQ:CELH) last issued its quarterly earnings data 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). The company had revenue of $817.93 million for the quarter, compared to the consensus estimate of $870.08 million. Celsius had a net margin of 4.24% and a return on equity of 36.52%. Celsius’s revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the business posted $0.47 earnings per share. Sell-side analysts expect that Celsius will post 1.47 EPS for the current fiscal year.

Insider Buying and Selling at Celsius

In related news, Director Hal Kravitz acquired 8,400 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was bought at an average cost of $29.73 per share, with a total value of $249,732.00. Following the acquisition, the director owned 227,158 shares of the company’s stock, valued at approximately $6,753,407.34. The trade was a 3.84% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO John Fieldly bought 8,475 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was bought at an average price of $29.36 per share, with a total value of $248,826.00. Following the completion of the transaction, the chief executive officer directly 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 SEC filing for this purchase provides additional information. 2.33% of the stock is currently owned by company insiders.

Institutional Trading of Celsius

A number of hedge funds have recently bought and sold shares of CELH. Vanguard Group Inc. grew its holdings in shares of Celsius by 4.6% during the 4th quarter. Vanguard Group Inc. now owns 18,074,995 shares of the company’s stock valued at $826,750,000 after purchasing an additional 802,743 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Celsius by 8.4% in the fourth quarter. Geode Capital Management LLC now owns 3,565,409 shares of the company’s stock worth $163,112,000 after buying an additional 277,424 shares during the period. Norges Bank bought a new stake in shares of Celsius in the 4th quarter valued at about $140,803,000. Ameriprise Financial Inc. lifted its stake in shares of Celsius by 20.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,470,088 shares of the company’s stock valued at $114,587,000 after acquiring an additional 426,623 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in Celsius by 13.0% during the 3rd quarter. Invesco Ltd. now owns 1,801,922 shares of the company’s stock valued at $103,592,000 after acquiring an additional 207,824 shares during the period. Institutional investors own 60.95% of the company’s stock.

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.