Celsius Holdings, Inc. (NASDAQ:CELH) Director William H. Milmoe bought 555,555 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The stock was purchased at an average cost of $3.60 per share, with a total value of $1,999,998.00.
NASDAQ:CELH opened at $3.63 on Thursday. Celsius Holdings, Inc. has a 1-year low of $3.09 and a 1-year high of $5.37. The company has a current ratio of 3.48, a quick ratio of 2.35 and a debt-to-equity ratio of 0.38. The firm has a fifty day simple moving average of $4.15 and a 200 day simple moving average of $4.17. The stock has a market capitalization of $218.50 million, a PE ratio of -15.78 and a beta of 1.00.
Celsius (NASDAQ:CELH) last released its earnings results on Thursday, August 8th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.01). Celsius had a net margin of 8.41% and a negative return on equity of 39.40%. The firm had revenue of $16.12 million during the quarter, compared to the consensus estimate of $15.15 million. On average, equities analysts predict that Celsius Holdings, Inc. will post -0.02 earnings per share for the current fiscal year.
A number of hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. boosted its position in Celsius by 14.0% during the second quarter. BlackRock Inc. now owns 1,344,774 shares of the company’s stock worth $5,971,000 after purchasing an additional 164,651 shares during the period. Vanguard Group Inc. boosted its position in Celsius by 2.7% during the second quarter. Vanguard Group Inc. now owns 919,268 shares of the company’s stock worth $4,081,000 after purchasing an additional 24,417 shares during the period. Granite Investment Partners LLC boosted its position in Celsius by 242.4% during the first quarter. Granite Investment Partners LLC now owns 299,057 shares of the company’s stock worth $1,274,000 after purchasing an additional 211,705 shares during the period. Anchor Capital Advisors LLC boosted its position in Celsius by 1.9% during the second quarter. Anchor Capital Advisors LLC now owns 244,269 shares of the company’s stock worth $1,085,000 after purchasing an additional 4,639 shares during the period. Finally, Northern Trust Corp boosted its position in Celsius by 2.3% during the second quarter. Northern Trust Corp now owns 240,153 shares of the company’s stock worth $1,066,000 after purchasing an additional 5,330 shares during the period. 48.55% of the stock is owned by hedge funds and other institutional investors.
Several equities analysts recently weighed in on the stock. TheStreet raised shares of Celsius from a “d” rating to a “c+” rating in a research note on Friday, May 31st. ValuEngine raised shares of Celsius from a “hold” rating to a “buy” rating in a research note on Tuesday, September 10th. Maxim Group reissued a “buy” rating and issued a $8.00 target price on shares of Celsius in a research note on Friday, August 9th. B. Riley set a $10.00 target price on shares of Celsius and gave the company a “buy” rating in a research note on Friday, September 13th. Finally, Zacks Investment Research cut shares of Celsius from a “hold” rating to a “sell” rating in a research note on Tuesday, August 13th. One investment analyst has rated the stock with a sell rating and three have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $7.75.
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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