TD Cowen Issues Pessimistic Forecast for Celsius (NASDAQ:CELH) Stock Price
by Teresa Graham · The Cerbat GemCelsius (NASDAQ:CELH – Get Free Report) had its target price decreased by TD Cowen from $66.00 to $55.00 in a report released on Monday, MarketBeat reports. The brokerage presently has a “buy” rating on the stock. TD Cowen’s target price would suggest a potential upside of 63.97% from the stock’s current price.
Other analysts also recently issued research reports about the stock. Piper Sandler reaffirmed an “overweight” rating and set a $65.00 target price (up from $61.00) on shares of Celsius in a report on Thursday, January 29th. Roth Mkm restated a “buy” rating on shares of Celsius in a report on Monday, February 9th. Deutsche Bank Aktiengesellschaft raised Celsius from a “hold” rating to a “buy” rating and decreased their target price for the company from $56.00 to $44.00 in a research report on Monday, March 30th. UBS Group lowered their target price on Celsius from $72.00 to $62.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. Finally, Bank of America upgraded Celsius from an “underperform” rating to a “buy” rating and set a $65.00 price target for the company in a research note on Friday, February 27th. Twenty analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $65.89.
Check Out Our Latest Stock Analysis on Celsius
Celsius Stock Performance
Shares of CELH stock traded down $1.71 during trading on Monday, reaching $33.54. 1,690,074 shares of the company’s stock were exchanged, compared to its average volume of 5,698,280. Celsius has a twelve month low of $32.36 and a twelve month high of $66.74. The firm’s fifty day moving average price is $41.60 and its 200-day moving average price is $47.49. The company has a quick ratio of 1.37, a current ratio of 1.68 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $8.62 billion, a PE ratio of 133.80, a PEG ratio of 1.30 and a beta of 1.13.
Celsius (NASDAQ:CELH – Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.07. Celsius had a net margin of 4.29% and a return on equity of 37.68%. The firm had revenue of $721.63 million during the quarter, compared to analysts’ expectations of $638.17 million. During the same period in the previous year, the business posted ($0.11) earnings per share. The company’s revenue for the quarter was up 117.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Celsius will post 0.89 EPS for the current year.
Institutional Trading of Celsius
A number of institutional investors and hedge funds have recently made changes to their positions in CELH. Harbor Investment Advisory LLC acquired a new stake in shares of Celsius during the 3rd quarter worth approximately $27,000. Flagship Harbor Advisors LLC acquired a new position in Celsius during the fourth quarter valued at approximately $31,000. Fideuram Asset Management Ireland dac bought a new stake in Celsius during the fourth quarter worth $31,000. Brown Brothers Harriman & Co. boosted its holdings in shares of Celsius by 1,020.4% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 549 shares of the company’s stock valued at $32,000 after purchasing an additional 500 shares in the last quarter. Finally, SOA Wealth Advisors LLC. acquired a new stake in shares of Celsius in the 4th quarter valued at $46,000. Institutional investors own 60.95% of the company’s stock.
Celsius Company Profile
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.