Sanford C. Bernstein Upgrades Celsius (NASDAQ:CELH) to Strong-Buy

Celsius (NASDAQ:CELH) was upgraded by stock analysts at Sanford C. Bernstein to a “strong-buy” rating in a note issued to investors on Thursday,Zacks.com reports.

Several other equities analysts have also weighed in on CELH. UBS Group cut their price objective on shares of Celsius from $72.00 to $62.00 and set a “buy” rating on the stock in a report on Tuesday, April 7th. Roth Mkm reissued a “buy” rating on shares of Celsius in a research report on Friday, May 8th. Citigroup lowered their price objective on shares of Celsius from $65.00 to $60.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Rothschild & Co Redburn began coverage on shares of Celsius in a research note on Wednesday, May 6th. They issued a “neutral” rating and a $47.00 price target for the company. Finally, Bank of America upgraded shares of 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. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $63.50.

Celsius Price Performance

Shares of CELH stock opened at $29.18 on Thursday. Celsius has a 1 year low of $27.47 and a 1 year high of $66.74. The firm’s 50 day moving average is $31.89 and its 200-day moving average is $41.05. The firm has a market capitalization of $7.46 billion, a price-to-earnings ratio of 67.86, a PEG ratio of 1.08 and a beta of 0.93. The company has a current ratio of 1.77, a quick ratio of 1.43 and a debt-to-equity ratio of 0.53.

Celsius (NASDAQ:CELH) last announced its earnings results on Thursday, May 7th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.12. Celsius had a net margin of 5.85% and a return on equity of 37.95%. The company had revenue of $782.62 million for the quarter, compared to analyst estimates of $763.08 million. During the same period in the prior year, the business earned $0.18 earnings per share. Celsius’s quarterly revenue was up 137.7% on a year-over-year basis. Sell-side analysts forecast that Celsius will post 1.59 EPS for the current fiscal year.

Insider Activity

In other news, Director Hal Kravitz bought 8,400 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were purchased at an average cost of $29.73 per share, with a total value of $249,732.00. Following the acquisition, the director directly owned 227,158 shares in the company, valued at $6,753,407.34. This represents a 3.84% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO John Fieldly bought 8,475 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was purchased at an average cost of $29.36 per share, for a total transaction of $248,826.00. Following the completion of the acquisition, the chief executive officer owned 937,540 shares in the company, valued at approximately $27,526,174.40. This trade represents a 0.91% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 2.33% of the stock is owned by insiders.

Institutional Investors Weigh In On Celsius

Several hedge funds and other institutional investors have recently made changes to their positions in CELH. IFM Investors Pty Ltd bought a new stake in shares of Celsius during the 1st quarter valued at approximately $1,275,000. Royal Bank of Canada lifted its position in shares of Celsius by 79.2% in the 1st quarter. Royal Bank of Canada now owns 257,666 shares of the company’s stock worth $9,179,000 after purchasing an additional 113,840 shares during the period. NewEdge Advisors LLC lifted its position in shares of Celsius by 131.5% in the 1st quarter. NewEdge Advisors LLC now owns 23,166 shares of the company’s stock worth $825,000 after purchasing an additional 13,159 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Celsius by 14.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 433,241 shares of the company’s stock valued at $15,432,000 after acquiring an additional 53,844 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Celsius by 244.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock valued at $52,000 after acquiring an additional 794 shares during the period. 60.95% of the stock is owned by institutional investors.

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.