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Celsius Holdings Inc. (CELH) Registers a Bigger Fall Than the Market: Important Facts to Note
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In the latest trading session, Celsius Holdings Inc. (CELH - Free Report) closed at $28.43, marking a -2.57% move from the previous day. This move lagged the S&P 500's daily loss of 0.03%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.01%.
Prior to today's trading, shares of the company had lost 17.17% lagged the Consumer Staples sector's loss of 3.55% and the S&P 500's gain of 0.53%.
The investment community will be paying close attention to the earnings performance of Celsius Holdings Inc. in its upcoming release. The company is predicted to post an EPS of $0.34, indicating a 19.05% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $806.24 million, indicating a 11.19% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.43 per share and revenue of $3.18 billion. These totals would mark changes of +6.72% and +26.6%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Celsius Holdings Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.12% lower within the past month. Celsius Holdings Inc. is currently a Zacks Rank #5 (Strong Sell).
Looking at valuation, Celsius Holdings Inc. is presently trading at a Forward P/E ratio of 20.35. This indicates a premium in contrast to its industry's Forward P/E of 13.67.
Investors should also note that CELH has a PEG ratio of 2.04 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Food - Miscellaneous industry had an average PEG ratio of 2.15 as trading concluded yesterday.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 202, putting it in the bottom 18% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. 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.
View the Zacks #1 Rank List
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Celsius Holdings Inc. (CELH) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest trading session, Celsius Holdings Inc. (CELH - Free Report) closed at $28.43, marking a -2.57% move from the previous day. This move lagged the S&P 500's daily loss of 0.03%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.01%.
Prior to today's trading, shares of the company had lost 17.17% lagged the Consumer Staples sector's loss of 3.55% and the S&P 500's gain of 0.53%.
The investment community will be paying close attention to the earnings performance of Celsius Holdings Inc. in its upcoming release. The company is predicted to post an EPS of $0.34, indicating a 19.05% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $806.24 million, indicating a 11.19% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.43 per share and revenue of $3.18 billion. These totals would mark changes of +6.72% and +26.6%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Celsius Holdings Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.12% lower within the past month. Celsius Holdings Inc. is currently a Zacks Rank #5 (Strong Sell).
Looking at valuation, Celsius Holdings Inc. is presently trading at a Forward P/E ratio of 20.35. This indicates a premium in contrast to its industry's Forward P/E of 13.67.
Investors should also note that CELH has a PEG ratio of 2.04 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Food - Miscellaneous industry had an average PEG ratio of 2.15 as trading concluded yesterday.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 202, putting it in the bottom 18% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. 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.