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Celsius Holdings Inc. (CELH) Stock Sinks As Market Gains: Here's Why
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Celsius Holdings Inc. (CELH - Free Report) closed the most recent trading day at $28.31, moving -5.51% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.58% for the day. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 1.05%.
The stock of company has risen by 1.96% in the past month, lagging the Consumer Staples sector's gain of 5.12% and overreaching the S&P 500's gain of 0.97%.
Market participants will be closely following the financial results of Celsius Holdings Inc. in its upcoming release. 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.
For the full year, the Zacks Consensus Estimates project earnings of $1.42 per share and a revenue of $3.18 billion, demonstrating changes of +5.97% and +26.6%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Celsius Holdings Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming 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. The Zacks Consensus EPS estimate has moved 1.08% lower within the past month. Celsius Holdings Inc. is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that Celsius Holdings Inc. has a Forward P/E ratio of 21.12 right now. Its industry sports an average Forward P/E of 15.01, so one might conclude that Celsius Holdings Inc. is trading at a premium comparatively.
One should further note that CELH currently holds a PEG ratio of 2.12. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Food - Miscellaneous industry was having an average PEG ratio of 2.34.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 199, which puts it in the bottom 20% 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.
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) Stock Sinks As Market Gains: Here's Why
Celsius Holdings Inc. (CELH - Free Report) closed the most recent trading day at $28.31, moving -5.51% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.58% for the day. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 1.05%.
The stock of company has risen by 1.96% in the past month, lagging the Consumer Staples sector's gain of 5.12% and overreaching the S&P 500's gain of 0.97%.
Market participants will be closely following the financial results of Celsius Holdings Inc. in its upcoming release. 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.
For the full year, the Zacks Consensus Estimates project earnings of $1.42 per share and a revenue of $3.18 billion, demonstrating changes of +5.97% and +26.6%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Celsius Holdings Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming 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. The Zacks Consensus EPS estimate has moved 1.08% lower within the past month. Celsius Holdings Inc. is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that Celsius Holdings Inc. has a Forward P/E ratio of 21.12 right now. Its industry sports an average Forward P/E of 15.01, so one might conclude that Celsius Holdings Inc. is trading at a premium comparatively.
One should further note that CELH currently holds a PEG ratio of 2.12. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Food - Miscellaneous industry was having an average PEG ratio of 2.34.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 199, which puts it in the bottom 20% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.