In the latest trading session, Celsius Holdings Inc. (CELH) closed at $29.42, marking a +1.48% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.19%. Meanwhile, the Dow lost 0.59%, and the Nasdaq, a tech-heavy index, lost 0.05%.
The company's stock has dropped by 5.88% in the past month, falling short of the Consumer Staples sector's gain of 2.55% and the S&P 500's gain of 0.55%.
The upcoming earnings release of Celsius Holdings Inc. will be of great interest to investors. The company is expected to report EPS of $0.43, down 8.51% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $887.71 million, up 20.08% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $1.59 per share and a revenue of $3.32 billion, demonstrating changes of +18.66% and +32.1%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Celsius Holdings Inc. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.26% higher. At present, Celsius Holdings Inc. boasts a Zacks Rank of #4 (Sell).
Digging into valuation, Celsius Holdings Inc. currently has a Forward P/E ratio of 18.23. This signifies a premium in comparison to the average Forward P/E of 13.51 for its industry.
It is also worth noting that CELH currently has a PEG ratio of 1.16. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Food - Miscellaneous industry held an average PEG ratio of 2.5.
The Food - Miscellaneous industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 201, placing it within the bottom 19% 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 Report
This article originally published on Zacks Investment Research (zacks.com).