Celsius Holdings Inc. (CELH) Stock Moves -1.93%: What You Should Know

In the latest market close, Celsius Holdings Inc. (CELH) reached $36.53, with a -1.93% movement compared to the previous day. This change was narrower than the S&P 500's daily loss of 3.46%. Elsewhere, the Dow saw a downswing of 2.5%, while the tech-heavy Nasdaq depreciated by 4.31%.Shares of the company witnessed a gain of 35.5% over the previous month, beating the performance of the Consumer Staples sector with its loss of 1.83% and the S&P 500's loss of 5.27%.Investors will be eagerly watching for the performance of Celsius Holdings Inc. in its upcoming earnings disclosure. On that day, Celsius Holdings Inc. is projected to report earnings of $0.20 per share, which would represent a year-over-year decline of 25.93%. At the same time, our most recent consensus estimate is projecting a revenue of $345.26 million, reflecting a 2.94% fall from the equivalent quarter last year.Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.99 per share and revenue of $2.1 billion. These totals would mark changes of +41.43% and +55.25%, respectively, from last year.Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Celsius Holdings Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 4.04% upward. Celsius Holdings Inc. is currently sporting a Zacks Rank of #3 (Hold).With respect to valuation, Celsius Holdings Inc. is currently being traded at a Forward P/E ratio of 34.15. This denotes a premium relative to the industry's average Forward P/E of 14.89.Also, we should mention that CELH has a PEG ratio of 1.01. 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. By the end of yesterday's trading, the Food - Miscellaneous industry had an average PEG ratio of 1.81.The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 180, finds itself in the bottom 28% echelons of all 250+ industries.The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Celsius Holdings Inc. (CELH): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks