Celsius Holdings, Inc. (NASDAQ:CELH - Free Report) - Equities research analysts at William Blair increased their Q4 2024 earnings estimates for Celsius in a note issued to investors on Wednesday, November 6th. William Blair analyst J. Andersen now anticipates that the company will post earnings per share of $0.15 for the quarter, up from their previous forecast of $0.12. The consensus estimate for Celsius' current full-year earnings is $0.70 per share. William Blair also issued estimates for Celsius' FY2025 earnings at $0.85 EPS.
Several other equities research analysts have also recently weighed in on the company. B. Riley reduced their price objective on Celsius from $50.00 to $47.00 and set a "buy" rating on the stock in a research note on Monday, November 4th. TD Cowen decreased their price target on Celsius from $68.00 to $50.00 and set a "buy" rating on the stock in a report on Wednesday, August 7th. UBS Group lowered their price target on Celsius from $50.00 to $45.00 and set a "buy" rating for the company in a research report on Thursday. Piper Sandler cut their price objective on shares of Celsius from $50.00 to $47.00 and set an "overweight" rating on the stock in a research report on Tuesday, September 24th. Finally, Roth Mkm lowered their target price on shares of Celsius from $43.00 to $40.00 and set a "buy" rating for the company in a report on Thursday. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, Celsius has a consensus rating of "Moderate Buy" and an average target price of $54.40.
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Celsius Price Performance
Shares of Celsius stock traded down $1.51 during trading hours on Monday, reaching $27.39. The company's stock had a trading volume of 9,727,337 shares, compared to its average volume of 5,968,875. Celsius has a one year low of $27.37 and a one year high of $99.62. The firm has a 50 day moving average price of $32.15 and a 200-day moving average price of $50.92. The stock has a market cap of $6.44 billion, a P/E ratio of 38.60, a P/E/G ratio of 2.52 and a beta of 1.86.
Insider Buying and Selling
In related news, CEO John Fieldly sold 74,847 shares of Celsius stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $32.80, for a total value of $2,454,981.60. Following the completion of the sale, the chief executive officer now directly owns 1,812,490 shares in the company, valued at $59,449,672. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.20% of the stock is owned by insiders.
Institutional Trading of Celsius
A number of hedge funds have recently bought and sold shares of CELH. S.A. Mason LLC purchased a new stake in shares of Celsius during the second quarter valued at about $30,000. EverSource Wealth Advisors LLC boosted its stake in Celsius by 3,116.7% in the first quarter. EverSource Wealth Advisors LLC now owns 386 shares of the company's stock valued at $32,000 after acquiring an additional 374 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of Celsius during the third quarter worth $34,000. Signaturefd LLC lifted its holdings in shares of Celsius by 48.3% during the 3rd quarter. Signaturefd LLC now owns 1,160 shares of the company's stock valued at $36,000 after purchasing an additional 378 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its position in shares of Celsius by 353.1% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 648 shares of the company's stock worth $37,000 after purchasing an additional 505 shares in the last quarter. Hedge funds and other institutional investors own 60.95% of the company's stock.
Celsius Company Profile
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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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