Mixed Analyst Attention: Celsius Holdings Inc. (NASDAQ:CELH), MSG Networks Inc. (NYSE:MSGN)

The shares of Celsius Holdings Inc. (NASDAQ:CELH) has been pegged with a rating of Buy by ROTH Capital in its latest research note that was published on April 30, 2020. The Consumer Defensive company has also assigned a $10 price target. ROTH Capital wasn’t the only research firm that published a report of Celsius Holdings Inc., with other equities research analysts also giving their opinion on the stock. Maxim Group advised investors in its research note published on February 01, 2018, to Buy the CELH stock while also putting a $8 price target. The stock had earned Buy rating from B. Riley & Co. Markets when it published its report on August 16, 2017. That day the B. Riley & Co. set price target on the stock to $7.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 0 believe it has the potential for further growth, thus rating it as Hold while 4 advised investors to purchase the stock. The consensus currently stands at a Buy while its average price target is $11.56. The price of the stock the last time has raised by 174.18% from its 52-Week high price while it is -0.12% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 84.56.

The shares of the company added by 5.40% during the trading session on Thursday, reaching a low of $8.01 while ending the day at $8.39. During the trading session, a total of 1.33 million shares were traded which represents a -165.87% decline from the average session volume which is 0.5 million shares. CELH had ended its last session trading at $7.96. Celsius Holdings Inc. debt-to-equity ratio currently stands at 0.14, while its quick ratio hovers at 1.20 CELH 52-week low price stands at $3.06 while its 52-week high price is $8.40.

The company in its last quarterly report recorded $0.01 earnings per share which is above the predicted by most analysts. The Celsius Holdings Inc. generated 19.09 million in revenue during the last quarter. In the second quarter last year, the firm recorded -$0.01 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 400.0%. Celsius Holdings Inc. has the potential to record 0.04 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Guggenheim published a research note on November 19, 2019 where it informed investors and clients that MSG Networks Inc. (NYSE:MSGN) is now rated as Sell. Their price target on the stock stands at $15. Imperial Capital also rated MSGN as Reiterated on August 22, 2019, with its price target of $24 suggesting that MSGN could surge by 6.94% from its current share price. Even though the stock has been trading at $12.89/share, analysts expect it to surge by 3.96% to reach $14.40/share. It started the day trading at $13.52 and traded between $12.88 and $13.40 throughout the trading session.

A look at its technical shows that MSGN’s 50-day SMA is 11.25 while its 200-day SMA stands at 14.93. The stock has a high of $22.55 for the year while the low is $8.52. The stock, however, witnessed a rise in its short on 04/30/20. Compared to previous close which recorded 10.75 M shorted shares, the short percentage went lower by -3.33%, as 10.39M CELH shares were shorted. At the moment, only 24.34% of MSG Networks Inc. shares were sold short. The company’s average trading volume currently stands at 798.20K shares, which means that the short-interest ratio is just 13.02 days. Over the past seven days, the company moved, with its shift of 12.13%. Looking further, the stock has dropped -5.70% over the past 90 days while it lost -25.14% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Ariel Investments LLC bought more MSGN shares, increasing its portfolio by 6.06% during the last quarter. This move now sees The Ariel Investments LLC purchasing 528,604 shares in the last quarter, thus it now holds 9,255,161 shares of MSGN, with a total valuation of $109,951,313. The Vanguard Group, Inc. meanwhile bought more MSGN shares in the recently filed quarter, changing its stake to $64,276,182 worth of shares.

Similarly, Contrarius Investment Management … increased its MSG Networks Inc. shares by 82.62% during the recently filed quarter. After buying 3,481,186 shares in the last quarter, the firm now controls 1,574,914 shares of MSG Networks Inc. which are valued at $41,356,490. In the same vein, ClearBridge Investments LLC increased its MSG Networks Inc. shares by during the most recent reported quarter. The firm sold 4,440 shares during the quarter which increased its stakes to 2,929,977 shares and is now valued at $34,808,127. Following these latest developments, around 0.30% of MSG Networks Inc. stocks are owned by institutional investors and hedge funds.