Celsius Holdings Inc (NASDAQ: CELH): Are We Watching A Disaster Or Are We Buying A Gold Mine?

In today’s recent session, 2.21 million shares of the Celsius Holdings Inc (NASDAQ:CELH) have been traded, and its beta is 1.85. Most recently the company’s share price was $29.17, and it changed around $0.43 or 1.51% from the last close, which brings the market valuation of the company to $6.80B. CELH at last check was trading at a discount to its 52-week high of $99.62, offering almost -241.52% off that amount. The share price’s 52-week low was $28.20, which indicates that the recent value has risen by an impressive 3.33% since then. We note from Celsius Holdings Inc’s average daily trading volume that its 10-day average is 7.41 million shares, with the 3-month average coming to 6.27 million.

Celsius Holdings Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.63. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended CELH as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.

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Celsius Holdings Inc (NASDAQ:CELH) trade information

Instantly CELH has been showing a green trend so far today with a performance of 1.51% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 30.74 on recent trading dayincreased the stock’s daily price by 5.11%. The company’s shares are currently down -46.49% year-to-date, but still down -4.19% over the last five days. On the other hand, Celsius Holdings Inc (NASDAQ:CELH) is -10.23% down in the 30-day period. We can see from the shorts that 23.35 million shares have been sold at a short interest cover period of 4.3 day(s).

The consensus price target as assigned by Wall Street analysts is $55, which translates to bulls needing to increase their stock price by 46.96% from its current value. Analyst projections state that CELH is forecast to be at a low of $30 and a high of $123.

Celsius Holdings Inc (CELH) estimates and forecasts

Celsius Holdings Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -65.46 percent over the past six months and at a 6.49% annual growth rate that is well below the industry average of 9.70%.

Celsius Holdings Inc earnings are expected to increase by 1.27% in 2024, but the outlook is positive 16.30% per year for the next five years.

CELH Dividends

Celsius Holdings Inc’s next quarterly earnings report is expected to be released on 2024-Nov-05.

Celsius Holdings Inc (NASDAQ:CELH)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 36.40% of Celsius Holdings Inc shares, and 72.47% of them are in the hands of institutional investors. The stock currently has a share float of 113.95%. Celsius Holdings Inc stock is held by 782.0 institutions, with JPMORGAN CHASE & CO being the largest institutional investor. By 2024-06-30, it held 8.3062% of the shares, which is about 19.34 million shares worth $1.1 billion.

VANGUARD GROUP INC, with 6.7014% or 15.6 million shares worth $890.57 million as of 2024-06-30, holds the second largest percentage of outstanding shares.