Celsius Holdings Inc (NASDAQ: CELH)’s stock price has dropped by -0.47 in relation to previous closing price of 82.92. Nevertheless, the company has seen a loss of -10.74% in its stock price over the last five trading days. The Motley Fool reported 2024-03-31 that Celsius’ revenue is up more than 2,300% in the past five years but almost all of the growth was in U.S. markets. The company has signed five international distribution agreements so far in 2024, which shows management’s priorities right now.
Is It Worth Investing in Celsius Holdings Inc (NASDAQ: CELH) Right Now?
The price-to-earnings ratio for Celsius Holdings Inc (NASDAQ: CELH) is above average at 105.24x. The 36-month beta value for CELH is also noteworthy at 1.85. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for CELH is 159.27M, and at present, short sellers hold a 11.40% of that float. The average trading volume of CELH on April 02, 2024 was 4.96M shares.
CELH’s Market Performance
CELH’s stock has seen a -10.74% decrease for the week, with a 1.11% rise in the past month and a 48.84% gain in the past quarter. The volatility ratio for the week is 5.21%, and the volatility levels for the past 30 days are at 5.57% for Celsius Holdings Inc The simple moving average for the last 20 days is -7.10% for CELH’s stock, with a simple moving average of 40.80% for the last 200 days.
Analysts’ Opinion of CELH
Wedbush, on the other hand, stated in their research note that they expect to see CELH reach a price target of $90, previously predicting the price at $75. The rating they have provided for CELH stocks is “Outperform” according to the report published on March 04th, 2024.
Maxim Group gave a rating of “Buy” to CELH, setting the target price at $100 in the report published on March 01st of the current year.
CELH Trading at 16.61% from the 50-Day Moving Average
After a stumble in the market that brought CELH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.16% of loss for the given period.
Volatility was left at 5.57%, however, over the last 30 days, the volatility rate increased by 5.21%, as shares surge +4.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.52% upper at present.
During the last 5 trading sessions, CELH fell by -10.74%, which changed the moving average for the period of 200-days by +65.63% in comparison to the 20-day moving average, which settled at $89.00. In addition, Celsius Holdings Inc saw 51.38% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CELH starting from DeSantis Dean, who sale 100,000 shares at the price of $95.75 back on Mar 13 ’24. After this action, DeSantis Dean now owns 219,257 shares of Celsius Holdings Inc, valued at $9,575,350 using the latest closing price.
Levy Caroline S, the Director of Celsius Holdings Inc, sale 20,000 shares at $94.77 during a trade that took place back on Mar 13 ’24, which means that Levy Caroline S is holding 37,891 shares at $1,895,400 based on the most recent closing price.
Stock Fundamentals for CELH
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.48 for the gross margin
The net margin for Celsius Holdings Inc stands at 0.16. The total capital return value is set at 0.21. Equity return is now at value 23.22, with 16.44 for asset returns.
Based on Celsius Holdings Inc (CELH), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 64.57. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 10.05.
Currently, EBITDA for the company is 269.79 million with net debt to EBITDA at -2.79. When we switch over and look at the enterprise to sales, we see a ratio of 14.0. The receivables turnover for the company is 7.09for trailing twelve months and the total asset turnover is 0.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.30.
Conclusion
In summary, Celsius Holdings Inc (CELH) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
