While Celsius Holdings Inc has underperformed by -0.61%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CELH rose by 178.10%, with highs and lows ranging from $99.62 to $28.08, whereas the simple moving average jumped by 41.89% in the last 200 days.
On March 04, 2024, Wedbush Reiterated Celsius Holdings Inc (NASDAQ: CELH) to Outperform. A report published by Maxim Group on March 01, 2024, Reiterated its previous ‘Buy’ rating for CELH. Maxim Group also Upgraded CELH shares as ‘Buy’, setting a target price of $65 on the company’s shares in a report dated February 02, 2024. Jefferies initiated its ‘Buy’ rating for CELH, as published in its report on November 13, 2023. Morgan Stanley’s report from October 31, 2023 suggests a price prediction of $190 for CELH shares, giving the stock a ‘Equal-Weight’ rating. William Blair also rated the stock as ‘Outperform’.
Analysis of Celsius Holdings Inc (CELH)
Further, the quarter-over-quarter increase in sales is 95.23%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Celsius Holdings Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 23.22% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 3.48, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 4.96M can be a very valuable indicator of volatility for CELH stock. On a monthly basis, the volatility of the stock is set at 6.77%, whereas on a weekly basis, it is put at 4.80%, with a loss of -8.83% over the past seven days. Furthermore, long-term investors anticipate a median target price of $96.79, showing growth from the present price of $82.92, which can serve as yet another indication of whether CELH is worth investing in or should be passed over.
How Do You Analyze Celsius Holdings Inc Shares?
The USA based company Celsius Holdings Inc (CELH) is one of the biggest names in Beverages – Non-Alcoholic. When comparing Celsius Holdings Inc shares with other companies under Consumer Defensive, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 105.74, there is a growth in quarterly earnings of 236.85%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 31.58%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 63.03% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
CELH shares are owned by institutional investors to the tune of 63.03% at present.
