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In a challenging market environment, Celsius Holdings , Inc. (NASDAQ:CELH) stock has touched a 52-week low, dipping to $21.45. According to InvestingPro data, the company maintains strong financial health with a "GREAT" overall rating and impressive liquidity, as evidenced by a current ratio of 4.71. The functional beverage company, known for its calorie-burning beverages, has faced significant headwinds over the past year, reflected in a stark 1-year change with a decline of -63.19%. Despite the price decline, the company continues to show robust revenue growth of 19.36% and maintains a healthy P/E ratio of 29.93. InvestingPro’s Fair Value analysis suggests the stock may be undervalued at current levels. This downturn has brought the stock to a critical support level, as investors and analysts alike scrutinize the company’s performance and future prospects amidst a competitive and ever-evolving beverage industry landscape. Discover 15 additional exclusive insights about CELH with an InvestingPro subscription.
In other recent news, Celsius Holdings has been the subject of multiple analyst adjustments. Stifel reduced the price target for Celsius from $45 to $37, maintaining a buy rating, while anticipating a shift in sales growth patterns in 2025. In contrast, Piper Sandler lowered its price target to $33 from $47, keeping an Overweight rating, and predicting a potential increase in shipments in 2025. TD Cowen downgraded Celsius from ’Buy’ to ’Hold,’ citing a slowdown in sales growth and potential market risks, and revised its price target to $29.00 from $40.00.
On the legal front, Celsius has reached a settlement in a shareholder derivative lawsuit, involving corporate governance reforms and a payment of attorneys’ fees, as per a recent 8-K filing with the Securities and Exchange Commission. The agreement was given preliminary approval by a Nevada court.
Stifel reaffirmed its positive stance on Celsius, maintaining a Buy rating, and highlighted the company’s innovation efforts and focus on key demographic targeting. These are recent developments that provide a glimpse into the company’s performance and strategic direction.
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