Celsius Holdings Inc. (CELH) ended the recent trading session at $53.91, demonstrating a -2.88% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.01%. At the same time, the Dow added 0.03%, and the tech-heavy Nasdaq gained 0.17%.
The company's stock has climbed by 20.31% in the past month, exceeding the Consumer Staples sector's gain of 4.93% and the S&P 500's gain of 0.78%.
The investment community will be paying close attention to the earnings performance of Celsius Holdings Inc. in its upcoming release. The company is expected to report EPS of $0.19, up 35.71% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $639.23 million, up 92.42% from the year-ago period.
CELH's full-year Zacks Consensus Estimates are calling for earnings of $1.25 per share and revenue of $2.43 billion. These results would represent year-over-year changes of +78.57% and 0%, respectively.
Investors should also pay attention to any latest changes in 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 reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.33% higher. At present, Celsius Holdings Inc. boasts a Zacks Rank of #3 (Hold).
Investors should also note Celsius Holdings Inc.'s current valuation metrics, including its Forward P/E ratio of 37.29. This denotes a premium relative to the industry average Forward P/E of 13.85.
It is also worth noting that CELH currently has a PEG ratio of 0.91. 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 1.76 as of yesterday's close.
The Food - Miscellaneous industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 182, placing it within the bottom 26% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next 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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