Celsius (NASDAQ:CELH) PT Raised to $115.00

Celsius (NASDAQ:CELHGet Rating) had its price target lifted by analysts at Stifel Nicolaus from $93.00 to $115.00 in a note issued to investors on Tuesday, The Fly reports. The brokerage presently has a “maintains” rating on the stock. Stifel Nicolaus’ price objective suggests a potential upside of 9.08% from the company’s previous close.

CELH has been the topic of a number of other research reports. B. Riley lifted their price target on shares of Celsius from $100.00 to $112.00 in a report on Tuesday. LADENBURG THALM/SH SH boosted their target price on shares of Celsius from $113.50 to $120.00 in a report on Wednesday, May 11th. Finally, Maxim Group raised shares of Celsius from a “hold” rating to a “buy” rating and set a $70.00 target price on the stock in a report on Wednesday, May 11th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $98.86.

Celsius Trading Up 1.8 %

NASDAQ:CELH opened at $105.43 on Tuesday. The stock has a market capitalization of $7.95 billion, a PE ratio of 329.47 and a beta of 1.97. The firm’s 50 day moving average is $71.88 and its 200 day moving average is $59.96. Celsius has a 12 month low of $38.31 and a 12 month high of $110.22.

Celsius (NASDAQ:CELHGet Rating) last posted its quarterly earnings results on Tuesday, May 10th. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.06. The company had revenue of $133.39 million for the quarter, compared to analysts’ expectations of $114.27 million. Celsius had a net margin of 6.37% and a return on equity of 12.21%. Celsius’s revenue was up 166.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.01 EPS. Research analysts predict that Celsius will post 0.47 earnings per share for the current year.

Insider Activity

In other news, Director Hal Kravitz sold 5,000 shares of the business’s stock in a transaction dated Monday, August 1st. The stock was sold at an average price of $100.00, for a total transaction of $500,000.00. Following the completion of the transaction, the director now owns 26,797 shares of the company’s stock, valued at $2,679,700. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, major shareholder William H. Milmoe sold 13,500 shares of the business’s stock in a transaction dated Monday, August 1st. The stock was sold at an average price of $99.94, for a total transaction of $1,349,190.00. Following the completion of the transaction, the insider now owns 70,314 shares of the company’s stock, valued at $7,027,181.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Hal Kravitz sold 5,000 shares of the business’s stock in a transaction dated Monday, August 1st. The stock was sold at an average price of $100.00, for a total value of $500,000.00. Following the transaction, the director now directly owns 26,797 shares of the company’s stock, valued at approximately $2,679,700. The disclosure for this sale can be found here. In the last 90 days, insiders sold 203,500 shares of company stock worth $18,158,440. 2.70% of the stock is currently owned by insiders.

Institutional Trading of Celsius

A number of hedge funds have recently bought and sold shares of the company. BlackRock Inc. lifted its position in Celsius by 0.9% in the 1st quarter. BlackRock Inc. now owns 6,435,150 shares of the company’s stock worth $355,091,000 after buying an additional 58,764 shares during the last quarter. Vanguard Group Inc. lifted its position in Celsius by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 4,238,161 shares of the company’s stock worth $233,862,000 after buying an additional 43,419 shares during the last quarter. William Blair Investment Management LLC lifted its position in Celsius by 10.9% in the fourth quarter. William Blair Investment Management LLC now owns 1,767,827 shares of the company’s stock valued at $131,827,000 after purchasing an additional 173,585 shares during the last quarter. Eagle Asset Management Inc. lifted its position in Celsius by 152.9% in the fourth quarter. Eagle Asset Management Inc. now owns 1,766,136 shares of the company’s stock valued at $129,846,000 after purchasing an additional 1,067,684 shares during the last quarter. Finally, Capital International Investors bought a new stake in Celsius in the first quarter valued at approximately $93,034,000. Institutional investors own 45.59% of the company’s stock.

About Celsius

(Get Rating)

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional drinks and liquid supplements in North America, Europe, Asia, and internationally. It offers various carbonated and non-carbonated functional energy drinks under the CELSIUS Originals name; dietary supplement in carbonated flavors, including apple jack'd, orangesicle, inferno punch, cherry lime, blueberry pomegranate, strawberry dragon fruit, tangerine grapefruit, and jackfruit under the CELSIUS HEAT name; and branched-chain amino acids functional energy drink that fuels muscle recovery under the CELSIUS BCCA+ENERGY name.

See Also

The Fly logo

Analyst Recommendations for Celsius (NASDAQ:CELH)

Want More Great Investing Ideas?

Receive News & Ratings for Celsius Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celsius and related companies with MarketBeat.com's FREE daily email newsletter.