Several analysts gave the stocks of CELH a rating of hold, after having covered the firm for a few weeks. According to reports, four of the research analysts have already given the stocks a rating of hold, while three gave them a rating of buy. In the end, the average rating was fixed at hold, with the price target set at $35 for a single year.
Several research firms have commented on the stocks of CELH. Roth Capital has increased the price target of the company from $25 to $36, while giving the company a rating of buy in a 13th November research report. ValuEngine has also cut the rating of the company from buy to hold, in a 1st December research report. Zacks Investment Research has also decreased the rating of the company from buy to hold in a 7th October research report. B. Riley, on the other hand, has increased the price target of the company from $27 to $40, along with a rating of buy on the research report.
The Quarterly Earnings of CELH
The stocks of CELH traded at $58.54 last Friday. The moving average price of the company over 50-days is $39.43, while the 200-day moving average is in the range of $24.38. The market cap of the firm is $4.19 billion, with a beta of 2.17, and a PE ratio of around 836.41.
The company previously released its quarterly earnings data on the 12th of November. The EPS reported by the company was $0.06, which was more than the analyst estimate of $0.02. The revenue earned by the company was $36.84 million, which was more than the analyst estimate of $32.89 million. The net margin of CELH was 4.77%, with a return on its equity at 8.28%
