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Celsius Holdings Inc. (CELH) ended the recent trading session at $36.66, demonstrating a -1.15% swing from the preceding day's closing price. This change was narrower than the S&P 500's 2.24% loss on the day. Elsewhere, the Dow saw a downswing of 1.73%, while the tech-heavy Nasdaq depreciated by 3.07%.
Prior to today's trading, shares of the company had gained 22.09% over the past month. This has outpaced the Consumer Staples sector's gain of 1.31% and the S&P 500's loss of 4.17% in that time.
The investment community will be closely monitoring the performance of Celsius Holdings Inc. in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.20, reflecting a 25.93% decrease from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $345.26 million, indicating a 2.94% decrease compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.99 per share and revenue of $2.1 billion. These totals would mark changes of +41.43% and +55.25%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for Celsius Holdings Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 4.04% increase. Currently, Celsius Holdings Inc. is carrying a Zacks Rank of #3 (Hold).
In the context of valuation, Celsius Holdings Inc. is at present trading with a Forward P/E ratio of 37.36. This represents a premium compared to its industry's average Forward P/E of 15.95.
One should further note that CELH currently holds a PEG ratio of 1.11. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Food - Miscellaneous stocks are, on average, holding a PEG ratio of 1.88 based on yesterday's closing prices.