As of Thursday close, Celsius Holdings Inc.’s (NASDAQ:CELH) stock was down -$11.13, moving down -6.14 percent to $170.28. The average number of shares traded per day over the past five days has been 1,883,380 shares. 1 time new highs have been achieved over the past 5 days, with a -$31.66 fall in that time frame. In the last twenty days, the average volume was 1,200,535, while in the previous 50 days, it was 1,302,314.
Since last month, CELH stock retreated -4.34%. Shares of the company fell to $168.49 on 09/21/23, the lowest level in the past month. A 52-week high of $206.85 was reached on 09/08/23 after having rallying from a 52-week low of $78.25. Since the beginning of this year, CELH’s stock price has risen by 63.67% or $66.24, and marked a new high 28 times. However, the stock has declined by -17.68% since its 52-week high.
CELH stock investors should be aware that Celsius Holdings Inc. (CELH) stock had its last reported insider trading activity 30 days ago on Aug 23. Castaldo Nicholas, the Director of the company, disposed of 55,000 shares for $181.58 on Aug 23. It resulted in a $9,986,900 divestment by the insider. David Toby sold 54,941 shares at an average price of $178.28 on Aug 22. The insider now owns 37,576 shares following the transaction. On Aug 22, Sr. Vice President, Operations Storey Paul H. sold 1,055 shares at $179.60 apiece. The transaction was valued at $189,483.
Valuation Metrics
The stock’s beta is 1.78. Besides these, the trailing price-to-sales (P/S) ratio of 14.06, the price-to-book (PB) ratio of 99.58, and the price-to-cash flow ratio of 135.90 may also be considered.
Financial Health
In the three months ended June 29, Celsius Holdings Inc.’s quick ratio stood at 3.40, while its current ratio was 4.00, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 45.20% percent. In the year ended June 29, EBITDA margin amounted to -23.85%, whereas operating margins totaled -7.40%. Based on annual data, CELH earned $270.87 million in gross profit and brought in $653.6 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -476.30%. Return on equity (ROE) for the past 12 months was -182.60%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. CELH’s revenue rose 59.07% to $259.94 million during the quarter, while net income inched up to $325.88 million. While analysts expected Celsius Holdings Inc. to report $0.28 quarterly earnings, the actual figure was $0.52 per share, beating the consensus estimate by 85.70%. During the quarter, the company generated $69.04 million in EBITDA. The liabilities of Celsius Holdings Inc. were 1.27 billion at the end of its most recent quarter ended June 29, and its total debt was $0.97 million. The value of shareholders’ equity is $76.89 million.
Technical Picture
This quick technical analysis looks at Celsius Holdings Inc.’s (CELH) price momentum. With a historical volatility rate of 48.40%, the RSI 9-day stood at 24.33% on 21 September.
With respect to its five-day moving average, the current Celsius Holdings Inc. price is down by -15.68% percent or -$31.66. At present, CELH shares trade -5.59% below its 20-day simple moving average and +78.17% percent above its 100-day simple moving average. However, the stock is currently trading approximately +13.64% above its SMA50 and +44.82% above its SMA200.
Stochastic coefficient K was 20.08% and Stochastic coefficient D was 40.65%, while ATR was 8.39. Given the Stochastic reading of 4.67% for the 14-day period, the RSI (14) reading has been calculated as 35.81%. As of today, the MACD Oscillator reading stands at -11.15, while the 14-day reading stands at -13.09.
Analyst Ratings
TD Cowen launched its rating on Celsius Holdings Inc. (NASDAQ: CELH) to an Outperform in a note to investors on September 15, 2023. Celsius Holdings Inc. (CELH) has been rated Buy by analysts. According to 0 brokerage firms, CELH is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Celsius Holdings Inc. stock as buy, with 10 recommending it as overweight.
With a median target price of $212.00, the current consensus forecast for the stock is $175.00 – $250.00. Based on these forecasts, analysts predict Celsius Holdings Inc. (CELH) will achieve an average price target of $209.50.
