Brokerages Set Celsius Holdings, Inc. (NASDAQ:CELH) PT at $9.33

Celsius Holdings, Inc. (NASDAQ:CELH) has earned an average rating of “Hold” from the six analysts that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $9.33.

CELH has been the topic of several research analyst reports. B. Riley set a $10.00 price target on shares of Celsius and gave the stock a “buy” rating in a research report on Friday, September 13th. Maxim Group set a $8.00 price target on shares of Celsius and gave the stock a “buy” rating in a research report on Wednesday, September 18th. ValuEngine lowered shares of Celsius from a “hold” rating to a “sell” rating in a research report on Wednesday. BidaskClub upgraded shares of Celsius from a “sell” rating to a “hold” rating in a research report on Thursday, November 21st. Finally, Zacks Investment Research raised their price target on shares of Celsius to $10.00 in a research report on Friday, November 22nd.

Institutional investors have recently modified their holdings of the company. Janney Montgomery Scott LLC acquired a new stake in shares of Celsius during the 3rd quarter valued at about $35,000. Tower Research Capital LLC TRC acquired a new stake in shares of Celsius during the 3rd quarter valued at about $39,000. Gamco Investors INC. ET AL acquired a new stake in shares of Celsius during the 2nd quarter valued at about $53,000. Millennium Management LLC acquired a new stake in shares of Celsius during the 3rd quarter valued at about $57,000. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Celsius during the 3rd quarter valued at about $139,000. Institutional investors and hedge funds own 45.32% of the company’s stock.

NASDAQ CELH traded down $0.03 during midday trading on Friday, hitting $4.57. The company had a trading volume of 215,353 shares, compared to its average volume of 145,197. The stock has a market cap of $342.31 million, a price-to-earnings ratio of -19.87 and a beta of 1.05. The firm has a fifty day simple moving average of $4.14 and a two-hundred day simple moving average of $4.03. Celsius has a fifty-two week low of $3.06 and a fifty-two week high of $5.37.

Celsius (NASDAQ:CELH) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.05. The company had revenue of $20.42 million for the quarter, compared to analyst estimates of $18.29 million. Celsius had a net margin of 15.67% and a negative return on equity of 6.41%.

Celsius Company Profile

Celsius Holdings, Inc develops, markets, distributes, and sells functional calorie-burning fitness beverages in the United States and internationally. The company offers its beverages in various flavors, including carbonated orange, wild berry, cola, grape, kiwi-guava, and watermelon; and non-carbonated green tea raspberry/acai, green tea/peach mango, pineapple coconut, watermelon berry, and strawberries and cream, as well as sparkling grapefruit, cucumber lime, and orange pomegranate under the Celsius name.

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