Celsius Holdings Inc. (CELH Quick QuoteCELH - Free Report) closed at $45.72 in the latest trading session, marking a +1.53% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 0.08%. On the other hand, the Dow registered a loss of 0.61%, and the technology-centric Nasdaq increased by 0.08%.

The company's shares have seen a decrease of 2.85% over the last month, surpassing the Consumer Staples sector's loss of 3.4% and falling behind the S&P 500's loss of 2.16%.

The investment community will be paying close attention to the earnings performance of Celsius Holdings Inc. in its upcoming release. The company is expected to report EPS of $0.29, up 61.11% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $748.34 million, indicating a 127.27% upward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates are projecting earnings of $1.56 per share and revenue of $3.35 billion, which would represent changes of +16.42% and +33.02%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for Celsius Holdings Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 5.08% higher within the past month. Currently, Celsius Holdings Inc. is carrying a Zacks Rank of #3 (Hold).

From a valuation perspective, Celsius Holdings Inc. is currently exchanging hands at a Forward P/E ratio of 28.88. This valuation marks a premium compared to its industry average Forward P/E of 13.75.

Meanwhile, CELH's PEG ratio is currently 1.48. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Food - Miscellaneous industry currently had an average PEG ratio of 2.76 as of yesterday's close.

The Food - Miscellaneous industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 195, putting it in the bottom 21% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow CELH in the coming trading sessions, be sure to utilize Zacks.com.