Celsius Holdings Inc. (CELH) ended the recent trading session at $55.24, demonstrating a -2.13% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.55%. Elsewhere, the Dow gained 0.63%, while the tech-heavy Nasdaq added 0.91%.
The company's shares have seen an increase of 26.21% over the last month, surpassing the Consumer Staples sector's gain of 2.61% and the S&P 500's gain of 0.71%.
Analysts and investors alike will be keeping a close eye on the performance of Celsius Holdings Inc. in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.18, signifying a 28.57% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $642.56 million, indicating a 93.43% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.24 per share and a revenue of $2.44 billion, signifying shifts of +77.14% and 0%, respectively, from the last 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 such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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, 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. Within the past 30 days, our consensus EPS projection has moved 0.77% lower. Celsius Holdings Inc. is currently a Zacks Rank #3 (Hold).
Looking at its valuation, Celsius Holdings Inc. is holding a Forward P/E ratio of 38.34. This expresses a premium compared to the average Forward P/E of 14.22 of its industry.
It's also important to note that CELH currently trades at a PEG ratio of 0.93. 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. CELH's industry had an average PEG ratio of 1.71 as of yesterday's close.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 189, putting it in the bottom 23% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Celsius Holdings Inc. (CELH): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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