With 7.7 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.86 million shares. During the session, the Beverages – Non-Alcoholic company that operates in wider Consumer Defensive sector, reached to the highest price of $33.2315 whereas the lowest price it dropped to was $31.3036. The 52-week range on CELH shows that it touched its highest point at $99.62 and its lowest point at $31.55 during that stretch. It currently has a 1-year price target of $50.14. Beta for the stock currently stands at 1.84.
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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 -9.11%, but this was down by -20.01% over a month. Three-month performance dropped to -43.38% while six-month performance fell -65.48%. The stock lost -43.36% in the past year, while it has lost -41.98% so far this year. A look at the trailing 12-month EPS for CELH yields 1.02 with Next year EPS estimates of 1.02. For the next quarter, that number is 0.09. This implies an EPS growth rate of 6.73% for this year and 24.23% for next year.
Float and Shares Shorts:
At present, 231.79 million CELH shares are outstanding with a float of 165.38 million shares on hand for trading. On 2024-08-30, short shares totaled 22.06 million, which was 947.0000000000001 higher than short shares on 1722384000. In addition to Mr. John Fieldly as the firm’s President, CEO & Chairman, Mr. Jarrod Langhans serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.72418 of CELH’s outstanding shares, institutional investors have minority control over the company.
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 2024-06-30, CELH reported revenue of $401977000.0 and operating income of $94248000.0. The EBITDA in the recently reported quarter was $95931000.0 and diluted EPS was $0.28.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.