CELH Stock Summary and Trading Ideas (Celsius Holdings | NASDAQ:CELH)

Celsius Holdings plays in the energy drink subsegment of the global nonalcoholic beverage market, with 96% of revenue concentrated in North America. Celsius' products contain natural ingredients and a metabolism-enhancing formulation, appealing to fitness and active lifestyle enthusiasts. The firm's portfolio includes its namesake Celsius Originals beverages (including those that are naturally caffeinated with stevia), Celsius Essentials line (containing aminos), and Celsius On-the-Go powder packets. Celsius focuses its time on branding and innovation, while it utilizes third parties for the manufacturing, packaging, and distribution of its products. In 2022, Celsius forged a 20-year distribution agreement with PepsiCo, which holds an 8.5% stake in the business.

Celsius Holdings trades on the NASDAQ stock market under the symbol CELH.

As of April 23, 2024, CELH stock price climbed to $71.40 with 346,391 million shares trading.

CELH has a beta of 0.99, meaning it tends to be less sensitive to market movements. CELH has a correlation of 0.04 to the broad based SPY ETF.

CELH has a market cap of $16.64 billion. This is considered a Large Cap stock.

Last quarter Celsius Holdings reported $347 million in Revenue and $.17 earnings per share. This beat revenue expectation by $16 million and exceeded earnings estimates by $.02.

In the last 3 years, CELH stock traded as high as $99.62 and as low as $12.77.

The top ETF exchange traded funds that CELH belongs to (by Net Assets): VTI, VB, IJH, VBK, VXF.

CELH has outperformed the market in the last year with a return of +136.5%, while the SPY ETF gained +23.6%. In the last 3 month period, CELH beat the market returning +35.6%, while SPY returned +4.4%. However, in the most recent 2 weeks CELH has underperformed the stock market by returning -14.8%, while SPY returned -3.0%.

CELH support price is $67.07 and resistance is $72.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CELH stock will trade within this expected range on the day.