Celsius Holdings Inc. (CELH) ended the recent trading session at $64.29, demonstrating a +1.89% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.63%. Meanwhile, the Dow experienced a drop of 0.65%, and the technology-dominated Nasdaq saw a decrease of 0.47%.
The company's shares have seen an increase of 12% over the last month, surpassing the Consumer Staples sector's loss of 2.13% and the S&P 500's gain of 0.92%.
The investment community will be paying close attention to the earnings performance of Celsius Holdings Inc. in its upcoming release. At the same time, our most recent consensus estimate is projecting a revenue of $707.24 million, reflecting a 166.13% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.13 per share and a revenue of $2.44 billion, indicating changes of +61.43% and +80.13%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Celsius Holdings Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 4.52% higher. Currently, Celsius Holdings Inc. is carrying a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Celsius Holdings Inc. has a Forward P/E ratio of 55.95 right now. This represents a premium compared to its industry average Forward P/E of 15.13.
Investors should also note that CELH has a PEG ratio of 1.27 right now. 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. As the market closed yesterday, the Food - Miscellaneous industry was having an average PEG ratio of 1.74.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 194, finds itself in the bottom 22% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Celsius Holdings Inc. (CELH): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
