Truist has recently reiterated Celsius Holdings, Inc. (CELH) stock to Hold rating, as announced on October 16, 2024, according to Finviz. Earlier, on October 10, 2024, Jefferies had reiterated the stock to Buy, setting a price target of $48 for CELH stock. ROTH MKM also reiterated Buy rating with a price target of $45. Additionally, BofA Securities reduced Underperform rating on August 8, 2024, with a target price of $32. Maxim Group analysts, in their report published on August 7, 2024, also reiterated Buy rating and set a price target of $65 for Celsius Holdings, Inc.’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Celsius Holdings, Inc. (CELH) Stock Trading Recap
On Tuesday, Celsius Holdings, Inc. (CELH) stock saw a modest uptick, ending the day at $31.73 which represents a slight increase of $0.66 or 2.12% from the prior close of $31.07. The stock opened at $31.34 and touched a low of $31.13 during the day, reaching a high of $32.09. The volume of shares traded was 7.87 million exceeding the average volume of 7.52 million.
CELH Stock Performance and Moving Averages
In recent trading, Celsius Holdings, Inc. (CELH) stock price has shown some volatility, fluctuating 2.26% over the last five trades and 10.10% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -58.77%, and it has plunged by -19.47% in the previous three months. Currently, CELH is trading at -1.27%, -2.93%, and -45.51% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, CELH, a Consumer Defensive sector stock, is trading -68.15% below its 52-week high but remains 12.52% above its 52-week low. The Average True Range (ATR) (14 days) of 1.63 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Celsius Holdings, Inc.’s Profitability and Valuation Ratios
Celsius Holdings, Inc.’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 22.42% and a profit margin of 16.18%, with a gross margin of -58.77%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Celsius Holdings, Inc.’s market capitalization stands at $7.40 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 31.1, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 32.37. Additionally, the Price-to-Sales Ratio is 4.96, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 17.81, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 29.04% of Celsius Holdings, Inc. (CELH)’s shares, while financial institutions hold 68.07%.
Notable insider trades include Fieldly John, Chief Executive Officer at Celsius Holdings, Inc. (CELH), who sold 551421 shares on Sep 13 ’24, at $34.36 each, totaling $18.95 million. On Sep 12 ’24, Fieldly John, Chief Executive Officer, sold 74847 shares for $32.8 each, amounting to $2.45 million. Additionally, on May 16 ’24, DeSantis Dean sold 53880 shares at $92.81 each, generating $5.00 million.
