Celsius (CELH) – Research Analysts’ Weekly Ratings Updates

Celsius (NASDAQ: CELH) recently received a number of ratings updates from brokerages and research firms:

• 12/16/2024 – Celsius had its price target lowered by analysts at Roth Mkm from $40.00 to $38.00. They now have a “buy” rating on the stock.
• 12/12/2024 – Celsius is now covered by analysts at JPMorgan Chase & Co.. They set an “overweight” rating and a $37.00 price target on the stock.
• 12/12/2024 – Celsius is now covered by analysts at Deutsche Bank Aktiengesellschaft. They set a “hold” rating and a $32.00 price target on the stock.
• 12/6/2024 – Celsius is now covered by analysts at Needham & Company LLC. They set a “buy” rating and a $38.00 price target on the stock.
• 11/7/2024 – Celsius had its price target lowered by analysts at Stifel Nicolaus from $51.00 to $45.00. They now have a “buy” rating on the stock.
• 11/7/2024 – Celsius had its price target lowered by analysts at Roth Mkm from $43.00 to $40.00. They now have a “buy” rating on the stock.
• 11/7/2024 – Celsius had its price target lowered by analysts at UBS Group AG from $50.00 to $45.00. They now have a “buy” rating on the stock.
• 11/4/2024 – Celsius had its price target lowered by analysts at B. Riley from $50.00 to $47.00. They now have a “buy” rating on the stock.
• 10/21/2024 – Celsius had its price target lowered by analysts at LADENBURG THALM/SH SH from $72.00 to $68.00. They now have a “neutral” rating on the stock.

Celsius Price Performance

CELH opened at $29.24 on Wednesday. Celsius Holdings, Inc. has a 1-year low of $25.23 and a 1-year high of $99.62. The stock has a market cap of $6.87 billion, a P/E ratio of 40.61, a P/E/G ratio of 3.44 and a beta of 1.76. The stock’s 50 day simple moving average is $30.09 and its 200 day simple moving average is $40.83.

Insider Buying and Selling

In other Celsius news, major shareholder William H. Milmoe sold 65,000 shares of the firm’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $31.15, for a total value of $2,024,750.00. Following the sale, the insider now directly owns 261,245 shares of the company’s stock, valued at approximately $8,137,781.75. This trade represents a 19.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Celsius

A number of institutional investors have recently added to or reduced their stakes in the company. Arkadios Wealth Advisors grew its position in Celsius by 4.1% in the second quarter. Arkadios Wealth Advisors now owns 7,256 shares of the company’s stock valued at $414,000 after acquiring an additional 289 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Celsius by 12.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,567 shares of the company’s stock worth $147,000 after buying an additional 289 shares during the period. Assenagon Asset Management S.A. lifted its holdings in Celsius by 0.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 99,047 shares of the company’s stock worth $3,106,000 after buying an additional 337 shares in the last quarter. Arizona State Retirement System boosted its position in Celsius by 0.9% in the 2nd quarter. Arizona State Retirement System now owns 41,615 shares of the company’s stock valued at $2,376,000 after buying an additional 375 shares during the last quarter. Finally, Signaturefd LLC increased its position in shares of Celsius by 48.3% during the third quarter. Signaturefd LLC now owns 1,160 shares of the company’s stock worth $36,000 after acquiring an additional 378 shares during the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.