Celsius Holdings Inc (NASDAQ:CELH) shares traded -2.15% lower at $25.53 on Wall Street last session.
CELH stock price is now -3.20% away from the 50-day moving average and -38.93% away from the 200-day moving average. The market capitalization of the company currently stands at $6.00B.
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With the price target reduced from $47 to $33, Piper Sandler maintained Overweight rating for Celsius Holdings Inc (NASDAQ: CELH). On January 22, 2025, TD Cowen Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $40 to quote $29, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Milmoe William H., 10% Owner sold 65,000 shares of the company’s stock on Dec 12 ’24. The stock was sold for $2,024,750 at an average price of $31.15. Upon completion of the transaction, the 10% Owner now directly owns 261,245 shares in the company, valued at $6.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 13 ’24, Chief Executive Officer Fieldly John sold 551,421 shares of the business’s stock. A total of $18,946,826 was realized by selling the stock at an average price of $34.36. This leaves the insider owning 1,261,069 shares of the company worth $32.2 million. A total of 28.77% of the company’s stock is owned by insiders.
During the past 12 months, Celsius Holdings Inc has had a low of $21.10 and a high of $99.62. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 4.66, and a quick ratio of 3.98.
The net profit margin was 12.40% and return on equity was 18.73% for CELH. The company reported revenue of $265.75 million for the quarter, compared to $384.76 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -30.93 percent. For the current quarter, analysts expect CELH to generate $327.02M in revenue.
