Maxim Group analyst Anthony Vendetti reiterated a Buy rating on Celsius Holdings (NASDAQ:CELH) Inc on Friday, setting a price target of $30, which is approximately 36.55% above the present share price of $21.97.
Vendetti expects Celsius Holdings Inc to post earnings per share (EPS) of $0.02 for the fourth quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Celsius Holdings, with an average price target of $26.38.
The analysts price targets range from a high of $30 to a low of $23.5.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $30.04 million and a net profit of $1.35 million. The company's market cap is $1.57 billion.
According to TipRanks.com, Maxim Group analyst Anthony Vendetti is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.6% and a 46.08% success rate.
Celsius Holdings, Inc. engages in the development, marketing, sale, and distribution of calorie-burning beverages. It offers flavors including grapefruit, cucumber lime, orange pomegranate, pineapple coconut, watermelon berry, and strawberries and cream. The company was founded in April 2004 and is headquartered in Boca Raton, FL.