Celsius Holdings Inc. (CELH) closed at $36.66 in recent trading, down 1.15% from the previous close. This decline was smaller than the 2.24% decline in the S&P 500 Index on the day. The Dow Jones Industrial Average fell 1.73%, and the tech-heavy Nasdaq fell 3.07%.
As of today’s trading, the company’s shares have risen 22.09% in the past month, outperforming the Consumer Staples sector’s 1.31% gain and the S&P 500’s 4.17% decline in the same period.
The investment community will be closely watching Celsius Holdings Inc.’s upcoming earnings report. The company is expected to report earnings per share (EPS) of $0.20, down 25.93% from the same period last year. Meanwhile, the latest consensus estimate is for revenue of $345.26 million, down 2.94% from the same period last year.
Looking at the full-year results, the Zacks Consensus Estimates show that analysts are expecting earnings of $0.99 per share and revenue of $2.1 billion. These two figures would represent growth of 41.43% and 55.25%, respectively, compared to last year.
Investors should also pay attention to any recent changes in analyst estimates for Celsius Holdings Inc. Such recent revisions often signal changes in near-term business trends. Therefore, a positive revision in estimates suggests that analysts are optimistic about the company’s business and profitability.
Our research shows that these estimate revisions are directly correlated to recent stock price performance. To capitalize on this, we crafted the Zacks Rank model, a unique model that incorporates these estimate changes and provides a useful rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive track record of outperformance, which is confirmed by an outside audit. #1 stocks have delivered an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved up 4.04% over the past 30 days. Currently, Celsius Holdings Inc. has a Zacks Rank of #3 (Hold).
From a valuation perspective, Celsius Holdings Inc. currently has a Forward P/E ratio of 37.36, which is a premium to the industry’s average Forward P/E ratio of 15.95.
It is worth mentioning that CELH currently has a PEG ratio of 1.11. This commonly used metric is similar to the widely known P/E ratio, except that the PEG ratio also takes into account the company’s expected earnings growth rate. Based on yesterday’s closing price, the average PEG ratio for Food & Grocery stocks is 1.88.
The Food & Grocery industry belongs to the Consumer Staples sector. Currently, the industry has a Zacks Industry Rank of 181, which puts it in the bottom 28% of all 250+ industries.
The Zacks Industry Rank is sorted from best to worst based on the average Zacks Rank of the companies within each industry. Our research shows that the top 50% ranked industries outperform the bottom 50% by a factor of 2.
Remember to rely on Zacks.com to keep an eye on all of these stock-moving metrics and more during the coming trading sessions.
