Celsius Holdings, Inc. (NASDAQ:CELH) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Celsius Holdings, Inc. (NASDAQ:CELH) have been given an average rating of “Moderate Buy” by the eighteen ratings firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and twelve have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $48.00.

Several equities research analysts have weighed in on CELH shares. TD Cowen cut Celsius from a “buy” rating to a “hold” rating and lowered their target price for the stock from $40.00 to $29.00 in a report on Wednesday. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Celsius in a report on Thursday, December 12th. They set a “hold” rating and a $32.00 target price on the stock. JPMorgan Chase & Co. assumed coverage on shares of Celsius in a report on Thursday, December 12th. They issued an “overweight” rating and a $37.00 price target for the company. LADENBURG THALM/SH SH dropped their price objective on shares of Celsius from $72.00 to $68.00 and set a “neutral” rating on the stock in a research note on Monday, October 21st. Finally, B. Riley lowered their target price on Celsius from $50.00 to $47.00 and set a “buy” rating for the company in a report on Monday, November 4th.

Celsius Stock Performance

Celsius stock opened at $25.77 on Friday. Celsius has a fifty-two week low of $24.55 and a fifty-two week high of $99.62. The company has a market capitalization of $6.06 billion, a PE ratio of 35.79, a P/E/G ratio of 2.79 and a beta of 1.79. The company has a 50 day moving average price of $28.01 and a 200-day moving average price of $33.77.

Insiders Place Their Bets

In other Celsius news, major shareholder William H. Milmoe sold 65,000 shares of Celsius stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $31.15, for a total transaction of $2,024,750.00. Following the completion of the sale, the insider now owns 261,245 shares of the company’s stock, valued at approximately $8,137,781.75. The trade was a 19.92 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in Celsius during the 3rd quarter worth approximately $34,000. Signaturefd LLC increased its stake 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 acquiring an additional 378 shares during the period. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Celsius by 353.1% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 648 shares of the company’s stock worth $37,000 after purchasing an additional 505 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its position in Celsius by 3,150.0% during the second quarter. Newbridge Financial Services Group Inc. now owns 650 shares of the company’s stock valued at $37,000 after purchasing an additional 630 shares during the period. Finally, S.A. Mason LLC grew its position in Celsius by 100.0% during the 4th quarter. S.A. Mason LLC now owns 1,400 shares of the company’s stock worth $37,000 after purchasing an additional 700 shares during the period. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

About Celsius

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.