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Celsius Holdings Inc. (CELH) Rises As Market Takes a Dip: Key Facts

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In the latest market close, Celsius Holdings Inc. (CELH - Free Report) reached $46.40, with a +1.65% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.51%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, lost 0.93%.

Prior to today's trading, shares of the company had lost 19.31% over the past month. This has lagged the Consumer Staples sector's gain of 0.13% and the S&P 500's loss of 0.26% in that time.

The upcoming earnings release of Celsius Holdings Inc. will be of great interest to investors. The company is forecasted to report an EPS of $0.23, showcasing a 35.29% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $388.87 million, up 19.33% from the prior-year quarter.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.05 per share and a revenue of $1.61 billion, representing changes of +36.36% and +22.48%, respectively, from the prior year.

Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Celsius Holdings Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 2.11% lower. Celsius Holdings Inc. is currently sporting a Zacks Rank of #5 (Strong Sell).

With respect to valuation, Celsius Holdings Inc. is currently being traded at a Forward P/E ratio of 43.67. This indicates a premium in contrast to its industry's Forward P/E of 16.66.

We can also see that CELH currently has a PEG ratio of 1.41. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Food - Miscellaneous was holding an average PEG ratio of 2.06 at yesterday's closing price.

The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 175, finds itself in the bottom 31% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.


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