Celsius Holdings Inc [NASDAQ: CELH] gained 4.48% on the last trading session, reaching $62.56 price per share at the time. The company report on February 9, 2024 at 6:00 AM that CELSIUS® Signs Global Energy Drink Partnership with Scuderia Ferrari.
Scuderia Ferrari team drivers, crew and fans will be energized on and off the track by CELSIUS energy drink.
Scuderia Ferrari Team Partner CELSIUS to bring Formula 1 fans exclusive experiences at races around the globe.
If compared to the average trading volume of 4.62M shares, CELH reached a trading volume of 5542233 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Celsius Holdings Inc [CELH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CELH shares is $71.79 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CELH stock is a recommendation set at 1.44. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Maxim Group have made an estimate for Celsius Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 02, 2024.
The Average True Range (ATR) for Celsius Holdings Inc is set at 2.74, with the Price to Sales ratio for CELH stock in the period of the last 12 months amounting to 12.62. The Price to Book ratio for the last quarter was 67.93, with the Price to Cash per share for the same quarter was set at 3.28. Price to Free Cash Flow for CELH in the course of the last twelve months was 259.79 with Quick ratio for the last quarter at 2.99.
Trading performance analysis for CELH stock
Celsius Holdings Inc [CELH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.29. With this latest performance, CELH shares gained by 4.32% in over the last four-week period, additionally plugging by 2.70% over the last 6 months – not to mention a rise of 91.78% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CELH stock in for the last two-week period is set at 69.82, with the RSI for the last a single of trading hit 78.37, and the three-weeks RSI is set at 64.42 for Celsius Holdings Inc [CELH]. The present Moving Average for the last 50 days of trading for this stock 54.40, while it was recorded at 59.76 for the last single week of trading, and 52.73 for the last 200 days.
Celsius Holdings Inc [CELH]: A deeper dive into fundamental analysis
Celsius Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.99 and a Current Ratio set at 3.58.
Celsius Holdings Inc [CELH]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Celsius Holdings Inc posted -0.12/share EPS, while the average EPS was predicted by analysts to be reported at -0.03/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -300.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CELH.
An analysis of Institutional ownership at Celsius Holdings Inc [CELH]
The top three institutional holders of CELH stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in CELH stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in CELH stock with ownership which is approximately 5.8325%.
