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Celsius Holdings Inc. (CELH) Stock Moves -1.02%: What You Should Know

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Celsius Holdings Inc. (CELH - Free Report) ended the recent trading session at $34.90, demonstrating a -1.02% swing from the preceding day's closing price. This move was narrower than the S&P 500's daily loss of 1.12%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq lost 2.04%.

Shares of the company have appreciated by 31.2% over the course of the past month, outperforming the Consumer Staples sector's loss of 1.81% and the S&P 500's loss of 2.91%.

The investment community will be closely monitoring the performance of Celsius Holdings Inc. in its forthcoming earnings report. It is anticipated that the company will report an EPS of $0.20, marking a 25.93% fall compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $348.29 million, indicating a 2.09% downward movement from the same quarter last year.

CELH's full-year Zacks Consensus Estimates are calling for earnings of $0.95 per share and revenue of $1.55 billion. These results would represent year-over-year changes of +35.71% and +14.66%, respectively.

It is also important to note the recent changes to analyst estimates for Celsius Holdings Inc. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.

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, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 7.07% higher. Right now, Celsius Holdings Inc. possesses a Zacks Rank of #3 (Hold).

In terms of valuation, Celsius Holdings Inc. is presently being traded at a Forward P/E ratio of 37.08. This signifies a premium in comparison to the average Forward P/E of 16.05 for its industry.

Meanwhile, CELH's PEG ratio is currently 1.1. 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. The Food - Miscellaneous industry currently had an average PEG ratio of 1.83 as of yesterday's close.

The Food - Miscellaneous industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 181, putting it in the bottom 28% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.


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