B. Riley Reiterates “Buy” Rating for Celsius (NASDAQ:CELH)

Celsius (NASDAQ:CELH)‘s stock had its “buy” rating restated by stock analysts at B. Riley in a research note issued to investors on Friday,Benzinga reports. They presently have a $49.00 target price on the stock, up from their previous target price of $44.00. B. Riley’s price objective points to a potential upside of 50.21% from the stock’s current price. B. Riley also issued estimates for Celsius’ Q1 2025 earnings at $0.16 EPS, Q2 2025 earnings at $0.22 EPS and Q3 2025 earnings at $0.19 EPS.

Other analysts have also issued reports about the stock. Needham & Company LLC reissued a “buy” rating and issued a $38.00 price objective on shares of Celsius in a research report on Tuesday, January 28th. TD Cowen lowered shares of Celsius from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $40.00 to $29.00 in a research report on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft started coverage on shares of Celsius in a research report on Thursday, December 12th. They issued a “hold” rating and a $32.00 price objective on the stock. Roth Mkm reduced their price objective on shares of Celsius from $40.00 to $38.00 and set a “buy” rating on the stock in a research report on Monday, December 16th. Finally, Piper Sandler reduced their price objective on shares of Celsius from $47.00 to $33.00 and set an “overweight” rating on the stock in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $47.67.

Celsius Trading Up 27.8 %

Shares of NASDAQ CELH opened at $32.62 on Friday. The firm’s 50-day moving average price is $26.02 and its 200-day moving average price is $30.30. The stock has a market capitalization of $7.67 billion, a price-to-earnings ratio of 74.14, a P/E/G ratio of 2.90 and a beta of 1.78. Celsius has a 12-month low of $21.10 and a 12-month high of $99.62.

Celsius (NASDAQ:CELH) last announced its earnings results on Thursday, February 20th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.03. Celsius had a net margin of 10.70% and a return on equity of 51.89%. The firm had revenue of $332.20 million for the quarter, compared to analysts’ expectations of $326.07 million. On average, equities analysts predict that Celsius will post 0.89 EPS for the current fiscal year.

Insider Activity

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

Institutional Investors Weigh In On Celsius

Several institutional investors have recently bought and sold shares of the company. Assenagon Asset Management S.A. boosted its stake in Celsius by 0.3% in the third quarter. Assenagon Asset Management S.A. now owns 99,047 shares of the company’s stock valued at $3,106,000 after acquiring an additional 337 shares in the last quarter. Signaturefd LLC raised its holdings in shares of Celsius by 48.3% in the third quarter. Signaturefd LLC now owns 1,160 shares of the company’s stock worth $36,000 after buying an additional 378 shares during the last quarter. Louisiana State Employees Retirement System raised its holdings in shares of Celsius by 0.9% in the fourth quarter. Louisiana State Employees Retirement System now owns 43,700 shares of the company’s stock worth $1,151,000 after buying an additional 400 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Celsius by 32.8% in the fourth quarter. Blue Trust Inc. now owns 1,786 shares of the company’s stock worth $47,000 after buying an additional 441 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its holdings in shares of Celsius by 14.0% in the fourth quarter. TD Private Client Wealth LLC now owns 3,743 shares of the company’s stock worth $99,000 after buying an additional 459 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Celsius Company Profile

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.