A better buy-in window may exist right now for Celsius Holdings Inc. (CELH)

Celsius Holdings Inc. (NASDAQ: CELH) stock fell -1.23% on Tuesday to $129.61 against a previous-day closing price of $131.22. With 1.27 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.08 million shares. During the session, the Beverages – Non-Alcoholic company that operates in wider Consumer Defensive sector, reached to the highest price of $133.15 whereas the lowest price it dropped to was $128.40. The 52-week range on CELH shows that it touched its highest point at $138.80 and its lowest point at $52.11 during that stretch. It currently has a 1-year price target of $132.36. Beta for the stock currently stands at 1.76.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CELH was down-trending over the past week, with a drop of -2.00%, but this was up by 40.15% over a month. Three-month performance surged to 45.56% while six-month performance rose 33.63%. The stock gained 120.54% in the past year, while it has gained 24.58% so far this year. A look at the trailing 12-month EPS for CELH yields -2.28 with Next year EPS estimates of 2.20. For the next quarter, that number is 0.27. This implies an EPS growth rate of 150.20% for this year and 66.95% for next year.

Float and Shares Shorts:

At present, 76.67 million CELH shares are outstanding with a float of 40.47 million shares on hand for trading. On Apr 27, 2023, short shares totaled 9.89 million, which was 12.88% higher than short shares on Mar 30, 2023. In addition to Mr. John Fieldly as the firm’s Pres, CEO & Chairman, Mr. Jarrod Langhans serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 58.02% of CELH’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 73.70% of CELH, in contrast to 37.60% held by mutual funds. Shares owned by individuals account for 20.87%. As the largest shareholder in CELH with 9.62% of the stake, Fidelity Management & Research Co holds 7,379,423 shares worth 7,379,423. A second-largest stockholder of CELH, BlackRock Fund Advisors, holds 4,692,470 shares, controlling over 6.12% of the firm’s shares. The Vanguard Group, Inc. is the third largest shareholder in CELH, holding 4,101,960 shares or 5.35% stake. With a 4.70% stake in CELH, the Fidelity Blue Chip Growth Fund is the largest stakeholder. A total of 3,608,600 shares are owned by the mutual fund manager. The iShares Core S&P Mid Cap ETF, which owns about 1.64% of CELH stock, is the second-largest Mutual Fund holder. It holds 1,260,666 shares valued at 120.48 million. Vanguard Total Stock Market ETF holds 1.54% of the stake in CELH, owning 1,183,126 shares worth 113.07 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2023, CELH reported revenue of $154.02M and operating income of $12.43M. The EBITDA in the recently reported quarter was $12.93M and diluted EPS was $0.12.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CELH since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With CELH analysts setting a high price target of $160.00 and a low target of $122.00, the average target price over the next 12 months is $135.60. Based on these targets, CELH could surge 23.45% to reach the target high and fall by -5.87% to reach the target low. Reaching the average price target will result in a growth of 4.62% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded CELH stock several times over the past three months with 0 Buys and 2 Sells. In these transactions, 0 shares were bought while 1,068,950 shares were sold. The number of buy transactions has increased to 26 while that of sell transactions has risen to 28 over the past year. The total number of shares bought during that period was 12,405,047 while 11,816,697 shares were sold.

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