Celsius Holdings at $63.28: Market Cap $14.75B

Quick Look:

• Celsius Holdings (CELH) trades at $63.28, with a 52-week range of $45.03 to $99.62 and a market cap of $14.75 billion.
• The latest EPS of $0.27 beat the estimated $0.20; revenue was $355.70 million, with YOY growth at 36.9%.
• Significant insider sales, including Hal Kravitz (16,500 shares) and William H. Milmoe (428,568 shares).
• Notable increases by First Trust Advisors LP (123.5%) and Dimensional Fund Advisors LP (215.7%).

Celsius Holdings, traded under the symbol CELH on the NASDAQ, opened today at $63.28. Over the past year, the stock’s price has fluctuated between a low of $45.03 and a high of $99.62. With a market capitalization of $14.75 billion, Celsius has caught the eye of many investors. The company exhibits a price-to-earnings (P/E) ratio of 69.54 and a price/earnings-to-growth (PEG) ratio of 1.69, indicating a strong growth outlook. The stock’s beta of 1.93 suggests higher volatility than the overall market. Its 50-day moving average is $77.53, while the 200-day moving average stands at $69.85.

Maxim Group recently adjusted their price target for Celsius from $110.00 to $90.00, maintaining a ‘Buy’ rating. This shift reflects changes in market sentiment and the company’s performance metrics.

Celsius Q1: EPS $0.27, Revenue Misses at $355.70M, 36.9% Growth

In the latest earnings announcement on May 7, 2023, Celsius reported an earnings per share (EPS) of $0.27, surpassing the consensus estimate of $0.20 by $0.07. This positive earnings surprise highlights the company’s strong profitability, with a return on equity (ROE) of 111.29% and a net margin of 18.63%. Revenue was reported at $355.70 million, which fell short of the consensus estimate of $390.37 million. Nevertheless, the year-over-year (YOY) revenue growth was a robust 36.9%. The EPS estimate for the current fiscal year is $1.09.

$107.92M Sold in 90 Days, Kravitz and Milmoe Transactions

Recent insider trading activity shows significant transactions. Director Hal Kravitz sold 16,500 shares on May 14, 2023, at an average price of $90.27, totaling $1,489,455. After this transaction, Kravitz retains 201,282 shares, valued at approximately $18.17 million. Major shareholder William H. Milmoe sold 428,568 shares on April 29, 2023, at an average price of $59.67, amounting to $25,572,652.56. He now holds 25,464,453 shares worth roughly $1.52 billion. Over the last 90 days, insiders have sold a total of 1,776,696 shares, valued at $107,920,209. Insider ownership stands at 2.20%.

Celsius Investors: 123.5% Increase by First Trust, 60.95% Ownership

Institutional investors have been active in Celsius stock. First Trust Advisors LP significantly increased its position by 123.5%, now holding 586,413 shares valued at $31.97 million. Brown Advisory Inc. initiated a new stake valued at $242,000. Coldstream Capital Management Inc. increased its position by 190.9%, acquiring an additional 2,589 shares, totaling 3,945 shares worth $215,000. Moody National Bank Trust Division also entered with a new stake valued at $917,000. Dimensional Fund Advisors LP expanded its holdings by 215.7%, now holding 487,367 shares valued at $26.58 million. Institutional ownership of Celsius is currently at 60.95%.

Strong Growth and Institutional Support, Watch Celsius Sales

Celsius Holdings continues to exhibit strong growth and investor interest despite some fluctuations in its stock price and recent adjustments in analysts’ price targets. The company’s solid earnings performance and robust institutional backing highlight its potential for future growth. However, the substantial insider selling may warrant attention from prospective investors. Celsius Holdings presents a compelling case for inclusion in growth-oriented portfolios, backed by its significant market presence and ongoing expansion efforts.