Celsius Holdings Inc (CELH) Stock Has More Upside Than Fundamentals Suggest

Maxim Group raised the price target for the Celsius Holdings Inc (NASDAQ:CELH) stock to “a Buy”. The rating was released on Apr-02-24, according to finviz. We previously noted in another research note published on March 04, 2024 by Wedbush that reiterated the stock to an Outperform with a price target of $90 for CELH stock. The research report from Maxim Group has reiterated the stock to Buy, with a price target set at $100. The stock was upgraded by Maxim Group, who disclosed in a research note on February 02, 2024, from Hold to Buy and set the price objective to $65. In their research brief published January 19, 2024, BofA Securities analysts downgraded the Celsius Holdings Inc stock from Buy to Neutral with a price target of $65.

Historical Earnings Surprises and Revenue Forecasts

Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of $0.17 during the last quarter as opposed to a consensus estimate of $0.15, which indicates the company beat its estimate by $0.02, which implies that the company surprised the market by 13.30%. It appears that the average earnings per share estimate for the current quarter (ending in Mar 2024) is $0.19. This is an average of 10 analysts’ earnings, where the high earnings per share estimate is $0.23 and the low earnings per share estimate is $0.14. According to 12 analyst estimates, an average revenue estimate of $392.21M is projected for the current quarter with a high revenue estimate of $414.54M and a low estimate of $375.77M.

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The latest trade, Performances and Moving Averages give us the following Picture

The firm’s stock price fluctuated -10.74% within the last five trades and 1.11% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 43.05% in the last 6 months and 48.84% was added to its value over the previous 3 months. CELH stock is trading at a margin of -7.10%, 16.61% and 40.80% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

As of the close of trading, CELH deals in the Consumer Defensive domain. The stock is trading -17.16 percent below its 52-week high and 193.88 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 146.6. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does Celsius Holdings Inc’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at 20.21 percent and the profit margin is 14.03 percent, and the company has reported a gross margin of 47.92 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $19.21 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Celsius Holdings Inc (NASDAQ:CELH) is 105.24. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 53.47. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 14.58 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 72.45, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 31.58 percent of Celsius Holdings Inc shares are owned by insiders, and 63.03 percent are held by financial institutions. DeSantis Dean, the 10% Owner at Celsius Holdings Inc (CELH) has sold 100,000 shares of firm on Mar 13 ’24 at a price of $95.75 against the total amount of $9.58 million. In another inside trade, Levy Caroline S, Director of Celsius Holdings Inc (NASDAQ:CELH) sold 20,000 shares of the firm on Mar 13 ’24 for a total worth of $1.9 million at a price of $94.77. An inside trade which took place on Mar 12 ’24, Chief Marketing Officer of Celsius Holdings Inc Watson Kyle Audrey sold 40,000 shares of firm against total price of $3.57 million at the cost of $89.17 per share.

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