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Celsius Holdings Inc. (CELH) Registers a Bigger Fall Than the Market: Important Facts to Note
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Celsius Holdings Inc. (CELH - Free Report) closed the most recent trading day at $26.92, moving -1.36% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.22%. On the other hand, the Dow registered a loss of 0.66%, and the technology-centric Nasdaq decreased by 0.22%.
Shares of the company witnessed a loss of 7.68% over the previous month, trailing the performance of the Consumer Staples sector with its loss of 4.35%, and the S&P 500's gain of 1.4%.
The investment community will be closely monitoring the performance of Celsius Holdings Inc. in its forthcoming earnings report. In that report, analysts expect Celsius Holdings Inc. to post earnings of $0.34 per share. This would mark a year-over-year decline of 19.05%. At the same time, our most recent consensus estimate is projecting a revenue of $806.24 million, reflecting a 11.19% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.43 per share and revenue of $3.18 billion, indicating changes of +6.72% and +26.6%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for Celsius Holdings Inc. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.19% downward. Celsius Holdings Inc. is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Celsius Holdings Inc.'s current valuation metrics, including its Forward P/E ratio of 19.03. This signifies a premium in comparison to the average Forward P/E of 14.44 for its industry.
We can also see that CELH currently has a PEG ratio of 1.91. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Food - Miscellaneous industry was having an average PEG ratio of 2.18.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 209, which puts it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the 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
Celsius Holdings Inc. (CELH - Free Report) closed the most recent trading day at $26.92, moving -1.36% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.22%. On the other hand, the Dow registered a loss of 0.66%, and the technology-centric Nasdaq decreased by 0.22%.
Shares of the company witnessed a loss of 7.68% over the previous month, trailing the performance of the Consumer Staples sector with its loss of 4.35%, and the S&P 500's gain of 1.4%.
The investment community will be closely monitoring the performance of Celsius Holdings Inc. in its forthcoming earnings report. In that report, analysts expect Celsius Holdings Inc. to post earnings of $0.34 per share. This would mark a year-over-year decline of 19.05%. At the same time, our most recent consensus estimate is projecting a revenue of $806.24 million, reflecting a 11.19% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.43 per share and revenue of $3.18 billion, indicating changes of +6.72% and +26.6%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for Celsius Holdings Inc. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.19% downward. Celsius Holdings Inc. is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Celsius Holdings Inc.'s current valuation metrics, including its Forward P/E ratio of 19.03. This signifies a premium in comparison to the average Forward P/E of 14.44 for its industry.
We can also see that CELH currently has a PEG ratio of 1.91. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Food - Miscellaneous industry was having an average PEG ratio of 2.18.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 209, which puts it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the 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.