In the latest close session, Celsius Holdings Inc. (CELH) was down 1.32% at $27.35. The stock trailed the S&P 500, which registered a daily loss of 0.25%. Meanwhile, the Dow lost 0.86%, and the Nasdaq, a tech-heavy index, added 0.24%.
The company's shares have seen a decrease of 9.8% over the last month, not keeping up with the Consumer Staples sector's loss of 4.32% and the S&P 500's loss of 0.42%.
The investment community will be paying close attention to the earnings performance of Celsius Holdings Inc. in its upcoming release. The company is predicted to post an EPS of $0.34, indicating a 19.05% decline compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $806.24 million, up 11.19% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.43 per share and revenue of $3.18 billion, indicating changes of +6.72% and +26.6%, respectively, compared to the previous 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. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable 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. Over the past month, there's been a 1.19% fall in the Zacks Consensus EPS estimate. Celsius Holdings Inc. is currently sporting a Zacks Rank of #5 (Strong Sell).
In terms of valuation, Celsius Holdings Inc. is currently trading at a Forward P/E ratio of 19.32. This indicates a premium in contrast to its industry's Forward P/E of 14.02.
Also, we should mention that CELH has a PEG ratio of 1.94. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Food - Miscellaneous industry had an average PEG ratio of 2.29.
The Food - Miscellaneous industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 202, this industry ranks in the bottom 18% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these 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).