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Celsius Holdings Inc. (CELH) Outperforms Broader Market: What You Need to Know
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In the latest close session, Celsius Holdings Inc. (CELH - Free Report) was up +2.22% at $27.22. The stock's change was more than the S&P 500's daily gain of 0.86%. Elsewhere, the Dow gained 0.98%, while the tech-heavy Nasdaq added 0.96%.
Shares of the company witnessed a loss of 7.47% over the previous month, trailing the performance of the Consumer Staples sector with its loss of 1.32%, and the S&P 500's loss of 1.96%.
Market participants will be closely following the financial results of Celsius Holdings Inc. in its upcoming release. The company is forecasted to report an EPS of $0.35, showcasing a 16.67% downward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $806.54 million, up 11.23% from the year-ago period.
CELH's full-year Zacks Consensus Estimates are calling for earnings of $1.45 per share and revenue of $3.18 billion. These results would represent year-over-year changes of +8.21% and +26.61%, respectively.
Investors might also notice recent changes to analyst estimates for Celsius Holdings Inc. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.18% decrease. Celsius Holdings Inc. is currently a Zacks Rank #5 (Strong Sell).
Looking at its valuation, Celsius Holdings Inc. is holding a Forward P/E ratio of 18.35. This denotes a premium relative to the industry average Forward P/E of 14.15.
One should further note that CELH currently holds a PEG ratio of 1.84. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Food - Miscellaneous industry currently had an average PEG ratio of 2.19 as of yesterday's close.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 207, putting it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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.
View the Zacks #1 Rank List
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Celsius Holdings Inc. (CELH) Outperforms Broader Market: What You Need to Know
In the latest close session, Celsius Holdings Inc. (CELH - Free Report) was up +2.22% at $27.22. The stock's change was more than the S&P 500's daily gain of 0.86%. Elsewhere, the Dow gained 0.98%, while the tech-heavy Nasdaq added 0.96%.
Shares of the company witnessed a loss of 7.47% over the previous month, trailing the performance of the Consumer Staples sector with its loss of 1.32%, and the S&P 500's loss of 1.96%.
Market participants will be closely following the financial results of Celsius Holdings Inc. in its upcoming release. The company is forecasted to report an EPS of $0.35, showcasing a 16.67% downward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $806.54 million, up 11.23% from the year-ago period.
CELH's full-year Zacks Consensus Estimates are calling for earnings of $1.45 per share and revenue of $3.18 billion. These results would represent year-over-year changes of +8.21% and +26.61%, respectively.
Investors might also notice recent changes to analyst estimates for Celsius Holdings Inc. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.18% decrease. Celsius Holdings Inc. is currently a Zacks Rank #5 (Strong Sell).
Looking at its valuation, Celsius Holdings Inc. is holding a Forward P/E ratio of 18.35. This denotes a premium relative to the industry average Forward P/E of 14.15.
One should further note that CELH currently holds a PEG ratio of 1.84. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Food - Miscellaneous industry currently had an average PEG ratio of 2.19 as of yesterday's close.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 207, putting it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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.