Celsius Holdings Inc. (NASDAQ:CELH) – Analysts at B. Riley cut their FY2017 earnings per share estimates for Celsius Holdings in a research note issued on Thursday. B. Riley analyst J. Van. Sinderen now expects that the company will post earnings per share of ($0.11) for the year, down from their prior estimate of ($0.03). B. Riley has a “Buy” rating and a $7.00 price target on the stock. B. Riley also issued estimates for Celsius Holdings’ Q4 2017 earnings at ($0.03) EPS and FY2018 earnings at $0.00 EPS.
Several other research analysts also recently commented on CELH. TheStreet raised Celsius Holdings from a “d” rating to a “c” rating in a report on Monday, August 28th. Zacks Investment Research raised Celsius Holdings from a “hold” rating to a “buy” rating and set a $6.25 target price on the stock in a report on Thursday, November 9th.
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Celsius Holdings (CELH) opened at $5.40 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 3.31 and a current ratio of 3.79. Celsius Holdings has a 1-year low of $2.20 and a 1-year high of $7.00.
Celsius Holdings (NASDAQ:CELH) last announced its earnings results on Wednesday, November 8th. The company reported ($0.04) EPS for the quarter. The business had revenue of $10.79 million during the quarter. Celsius Holdings had a negative return on equity of 18.23% and a negative net margin of 10.37%.
A hedge fund recently bought a new stake in Celsius Holdings stock. Arcus Capital Partners LLC bought a new position in Celsius Holdings Inc. (NASDAQ:CELH) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 559,201 shares of the company’s stock, valued at approximately $2,377,000. Celsius Holdings makes up 1.5% of Arcus Capital Partners LLC’s portfolio, making the stock its 9th biggest holding. Arcus Capital Partners LLC owned approximately 1.23% of Celsius Holdings at the end of the most recent reporting period. Institutional investors own 2.34% of the company’s stock.
Celsius Holdings Company Profile
Celsius Holdings, Inc is engaged in the development, marketing, sale and distribution of functional calorie-burning fitness beverages under the Celsius brand name. The Company’s product range includes Sparkling Grape Rush, Sparkling Watermelon, Sparkling Orange, Sparkling Wild Berry, Sparkling Cola, Raspberry Acai Green Tea, Peach Mango Green Tea, Flo Fusion Orange and Flo Fusion Berry.
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