Shares of fitness-focused energy-drink company Celsius Holdings ( NASDAQ:CELH) were getting hammered on Thursday morning after the company announced final financial results for full-year 2020. Revenue in the fourth quarter fell from third-quarter revenue, likely stoking fears of slowing growth from investors.
Full Answer
Will Celsius Holdings stock go up or down?
Nov 12, 2021 · Shares of Celsius Holdings ( CELH -5.39% ) have lost 19.3% of their value this week, as of 11:25 a.m. EST, according to data from S&P Global Market Intelligence. The fitness drink maker posted a ...
What is the celh stock price forecast for 2027-01-20?
Mar 02, 2022 · (CELH) News: Why did Celsius Holdings Stock Drop? Contact Johnson Fistel. March 01, 2022 20:36 ET ... CELH Celsius unanticipated delays News Class Action Lawfirm Rule 12b-25 Celsius Holdings Inc.
Who bought celh stock last quarter?
Mar 11, 2021 · What happened Shares of fitness-focused energy-drink company Celsius Holdings ( CELH -4.41% ) were getting hammered on Thursday morning after the company announced final financial results for...
What has happened to Celsius'stock since March 11th 2020?
Apr 03, 2022 · 6 brokerages have issued twelve-month price targets for Celsius' stock. Their forecasts range from $50.00 to $115.00. On average, they anticipate Celsius' stock price to reach $97.00 in the next year. This suggests a possible upside of 84.9% from the stock's current price.
Is CELH stock a buy?
Stifel is very positive about CELH and gave it a "" rating on Nov 16, 2021. The price target was set to 79.52+2.25....Predicted Opening Price for Celsius Holdings, Inc of Tuesday, April 12, 2022.Fair opening price April 12, 2022Current price$49.89$50.14 (Overvalued)
Is CELH overvalued?
Price to Book Ratio PB vs Industry: CELH is overvalued based on its PB Ratio (19.9x) compared to the US Beverage industry average (4x).
Will CELH stock go up?
Stock Price Forecast The 7 analysts offering 12-month price forecasts for Celsius Holdings Inc have a median target of 100.00, with a high estimate of 115.00 and a low estimate of 50.00. The median estimate represents a +99.84% increase from the last price of 50.04.
Why Celsius is dropping?
Since early January, Celsius Holdings (NASDAQ:NASDAQ:CELH) stock has fallen by 28%. The drop was driven by insider sales of CEO John Fieldly and investment companies. Someone might see this and fear a sinking ship.Jan 14, 2022
Why is Celsius stock going up?
Celsius produces energy drinks that are growing in popularity. In fact, the company's revenue has more than quadrupled over the past three years as it has rapidly expanded its distribution. And this impressive growth story finally caught the eye of Standard & Poor's on Jan.Jan 8, 2022
What does Celsius holding do?
Celsius Holdings, Inc. is engaged in the development, processing, marketing, sale, and distribution of functional drinks and liquid supplements to a range of consumers. The Company's core offerings include pre- and post-workout functional energy drinks, as well as protein bars.
Is Red Bull on the stock market?
Even though the company has all of the hallmarks of great stock, Red Bull stock isn't available to trade. Not in the U.S., not in Europe, not in Asia, or any other stock market. Red Bull is privately owned and operates out of Salzburg, Austria as Red Bull GmbH.Aug 12, 2021
Who owns Celsius drink?
JOHN FIELDLY PRESIDENT, CHAIRMAN & CEO With an extensive consumer goods background, John Fieldly, is a results-driven executive with over 20 years of broad financial and operational experience. In April of 2018, Fieldly was named Celsius Holdings Inc.'s CEO.Jan 28, 2022
Why is Celsius so popular?
The advantage that Celsius has is that they are a health-promoting drink. The aforementioned drinks may have zero-sugar substitutes but they are made from chemicals that many consumers want to avoid. Celsius is made from all-natural ingredients, and this can be a big benefit to some health-conscious consumers.Nov 18, 2021
What is the degrees Celsius symbol?
°CCelsiusdegree CelsiusUnit ofTemperatureSymbol°CNamed afterAnders CelsiusConversions7 more rows
Is Celsius a buy right now?
6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Celsius in the last twelve months. There are currently 1 hold rat...
How has Celsius' stock been impacted by Coronavirus?
Celsius' stock was trading at $5.40 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO)....
When is Celsius' next earnings date?
Celsius is scheduled to release its next quarterly earnings announcement on Thursday, May 12th 2022. View our earnings forecast for Celsius .
How were Celsius' earnings last quarter?
Celsius Holdings, Inc. (NASDAQ:CELH) posted its quarterly earnings results on Tuesday, March, 1st. The company reported $0.15 earnings per share fo...
What price target have analysts set for CELH?
6 Wall Street analysts have issued 12-month price targets for Celsius' shares. Their forecasts range from $50.00 to $115.00. On average, they expec...
Who are Celsius' key executives?
Celsius' management team includes the following people: John Fieldly , Chairman, President & Chief Executive Officer ( LinkedIn Profile ) Edwin...
Who are some of Celsius' key competitors?
Some companies that are related to Celsius include Coca-Cola HBC (CCHGY) , Coca-Cola Consolidated (COKE) , National Beverage (FIZZ) , Britvic (...
What other stocks do shareholders of Celsius own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Celsius investors own include Advanced Micro Devices (AMD)...
What is Celsius' stock symbol?
Celsius trades on the NASDAQ under the ticker symbol "CELH."
Revenue growth in the fourth quarter slowed
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What happened
Shares of fitness-focused energy-drink company Celsius Holdings ( NASDAQ:CELH) were getting hammered on Thursday morning after the company announced final financial results for full-year 2020. Revenue in the fourth quarter fell from third-quarter revenue, likely stoking fears of slowing growth from investors. As of 11 a.m.
So what
In Q4, Celsius Holdings generated revenue of about $35.7 million, resulting in full-year revenue of almost $131 million. This was good for 74% year-over-year revenue growth, which would typically result in resounding applause from Wall Street. However, Q4 growth slowed significantly, and even declined from Q3's $36.8 million.
Now what
Digging deeper into the cash flow statements, investors may be overreacting to results from Celsius Holdings today. Key metrics like gross profit and operating expenses largely improved from 2019. The company's decline in net profit has more to do with an anomaly in 2019 than a problem with 2020.
About Celsius
Celsius Holdings, Inc. engages in the development, marketing, sale, and distribution of calorie-burning beverages. It offers flavors including grapefruit, cucumber lime, orange pomegranate, pineapple coconut, watermelon berry, and strawberries and cream. The company was founded in April 2004 and is headquartered in Boca Raton, FL.
Celsius (NASDAQ:CELH) Frequently Asked Questions
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Celsius in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Celsius stock. View analyst ratings for Celsius or view top-rated stocks.
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When did Celsius stock hit a bump?
(NASDAQ: CELH) stock hit a sharp speed bump on June 9 after management announced a 6.5 million share supplementary public offering of stock.
Who is Celsius Holdings?
Celsius Holdings, Inc., (Nasdaq: CELH), maker of the leading global fitness drink, CELSIUS®, announced today that the Company has engaged Ernst and Young (EY), as the Company's independent registered public accounting firm to replace Assurance Dimensions. The change of the Company's independent registered public accounting firm was approved by the Audit Committee of its Board of Directors and will be effective upon the filing of the Company's Quarterly Report on Form 10-Q for the quarter ended J
