Celsius Holdings Inc (NASDAQ: CELH) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.17 versus a loss $-0.37 for the same period a year ago. This result fell short of the consensus estimate of $0.18 by $-0.01. E.P.S. were $0.79 for the latest four quarters through December 31 versus $-2.63 for the same period a year ago.
Recent Price Action
Celsius Holdings Inc (NASDAQ: CELH) stock enjoyed a major increase of 20.4% on 2/29/24. The shares closed at $81.62. Moreover, this advance was accompanied by exceptionally high trading volume at 643% of normal. Relative to the market the stock has been strong over the last nine months and has risen 33.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CELH is expected to be a major Value Builder.
Celsius Holdings has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Celsius Holdings has a neutral Appreciation Score of 57 but a good Power Rating of 82, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment