Shares of Celsius Holdings, Inc. (NASDAQ:CELH - Get Free Report) were up 6.9% during mid-day trading on Monday . The company traded as high as $28.63 and last traded at $28.96. Approximately 1,763,428 shares traded hands during trading, a decline of 75% from the average daily volume of 7,146,795 shares. The stock had previously closed at $27.08.
Analysts Set New Price Targets
CELH has been the subject of several research reports. Morgan Stanley reaffirmed an "equal weight" rating and issued a $42.00 target price on shares of Celsius in a research report on Thursday, December 26th. Stifel Nicolaus decreased their price objective on shares of Celsius from $45.00 to $37.00 and set a "buy" rating on the stock in a report on Monday, February 10th. Deutsche Bank Aktiengesellschaft began coverage on Celsius in a research report on Thursday, December 12th. They set a "hold" rating and a $32.00 target price for the company. JPMorgan Chase & Co. assumed coverage on shares of Celsius in a research note on Thursday, December 12th. They issued an "overweight" rating and a $37.00 price objective on the stock. Finally, UBS Group decreased their target price on Celsius from $45.00 to $39.00 and set a "buy" rating for the company in a research report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, Celsius presently has an average rating of "Moderate Buy" and an average price target of $45.00.
Check Out Our Latest Research Report on Celsius
Celsius Stock Performance
The stock's 50 day simple moving average is $25.88 and its 200 day simple moving average is $28.77. The firm has a market cap of $7.50 billion, a PE ratio of 72.50, a PEG ratio of 2.90 and a beta of 1.90.
Celsius (NASDAQ:CELH - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.03. The company had revenue of $332.20 million for the quarter, compared to analysts' expectations of $326.07 million. Celsius had a return on equity of 51.89% and a net margin of 10.70%. As a group, analysts anticipate that Celsius Holdings, Inc. will post 0.89 earnings per share for the current year.
Insider Buying and Selling
In other Celsius news, Director Joyce Russell sold 4,000 shares of the stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $28.47, for a total transaction of $113,880.00. Following the completion of the sale, the director now directly owns 19,106 shares of the company's stock, valued at $543,947.82. This trade represents a 17.31 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Paul H. Storey sold 10,188 shares of Celsius stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $25.77, for a total value of $262,544.76. Following the completion of the sale, the insider now directly owns 45,297 shares in the company, valued at $1,167,303.69. This trade represents a 18.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by company insiders.
Institutional Trading of Celsius
Institutional investors have recently bought and sold shares of the stock. HM Payson & Co. boosted its position in Celsius by 122.2% during the fourth quarter. HM Payson & Co. now owns 1,000 shares of the company's stock valued at $26,000 after purchasing an additional 550 shares in the last quarter. S.A. Mason LLC grew its stake in shares of Celsius by 100.0% in the 4th quarter. S.A. Mason LLC now owns 1,400 shares of the company's stock valued at $37,000 after buying an additional 700 shares during the period. Activest Wealth Management purchased a new position in shares of Celsius during the 3rd quarter worth $39,000. GAMMA Investing LLC grew its stake in shares of Celsius by 185.7% in the fourth quarter. GAMMA Investing LLC now owns 1,714 shares of the company's stock valued at $45,000 after buying an additional 1,114 shares in the last quarter. Finally, Blue Trust Inc. grew its position in Celsius by 32.8% in the 4th quarter. Blue Trust Inc. now owns 1,786 shares of the company's stock valued at $47,000 after acquiring an additional 441 shares in the last quarter. 60.95% of the stock is currently owned by institutional investors.
About Celsius
(
Get Free Report)
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.
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