The stock market is often effective at quickly eliminating potential inefficiencies and gaps within sectors and specific stocks; however, sometimes attention is so focused on other news and spaces that this ineffectiveness lasts longer than usual. This is where investors who are brave enough to go against the grain can lock in profits for years to remember.
Celsius today
(As of 12/6/2024 6:03 PM ET)
- 52 week range
- $25.23
▼
$99.62
- P/E ratio
- 39.13
- Target price
- $53.38
A similar case is available for analysis and consideration in the retail sector, in particular in stocks Celsius Holdings Inc. NASDAQ: CELH and their discounts are up to 27% from their 52-week high as they fell due to similar (albeit less aggressive) sell-offs by other majors in the beverage industry over the past couple of quarters. Promotions such as Coca-Cola Company. NYSE: K.O. And PepsiCo Inc. NASDAQ: PEP. Wall Street analysts continue to believe Celsius stock has enough upside to close the gap to its peers at today’s prices.
The sell-off in these stocks may be related to the new health department’s crackdown on certain brands that use ingredients such as high fructose corn syrup, a staple of Coca-Cola and Pepsi products today. However, this is not the case for Celsius products and therefore they must clear the stock of any bearish price movement moving forward. These beliefs will gain strength when the market understands how much safer this brand is compared to others.
Internal trends could send Celsius shares back to previous highs
Now that the new US administration plans to introduce new trade tariffs, some markets are behaving in ways that signal potential inflationary pressures on the domestic economy. Based on these scenarios, it would be safe to assume that domestic production would offset these rising costs, which would also benefit Celsius.
With this new development, investors can see that the food and beverage industry posted the strongest performance last quarter, as measured by manufacturing PMI readings. Coming off a rally in the middle of several months of decline in the sector, the industry’s stocks will have a better risk-reward profile.
As more capital flows into the food and beverage industry thanks to PMI breakouts, Celsius stock could quickly become a top pick, as it recently did for Wall Street analysts and markets. Before checking Wall Street’s opinion and sentiment on Celsius stock, here are a few metrics investors can use to check whether the markets are recognizing the growth potential of this name.
On a price-to-earnings (P/E) basis, Celsius commands a significant premium with its 40.2x multiple today, which is higher than the average staples sector valuation of just 22.8x today. The same premium trend can be seen in the P/B ratio of 25.4x, compared to the sector average of 6.1x.
These hefty premiums can make the stock seem expensive to some investors. However, others will understand that the market is always willing to overpay for stocks that are expected to grow at an above-average rate in the near future. Investors can now check out Wall Street’s sentiment on Celsius stock to see if those valuations are justified.
What Wall Street Analysts Are Saying About Celsius Stock Today
Based on estimates, the consensus price target for Celsius today is $54.4 per share. This consensus suggests upside potential of up to 87.8% from where the stock trades today, which in itself may seem bold until investors remember that the stock is as low as it is today compared to its 52-year-old weekly high prices.
Celsius Stock Price Forecast Today
$53.38
Growth potential 89.47%Moderate purchase
Based on ratings from 16 analysts
| High forecast | $95.00 |
|---|---|
| Average forecast | $53.38 |
| Low forecast | $26.00 |
Celsius stock forecast details
Realizing that Celsius shares still have a lot of upside potential today, bearish traders decided to reduce their positions and avoid further losses. Investors can see this trend in action with short interest rates down 5.6% in the past month alone, a clear sign of bearish capitulation in the face of what may come.
But these analysts aren’t the only ones ready to act on their bullish views on Celsius stock today. Over the past 12 months, up to $3.3 billion of institutional capital has flowed into Celsius shares, with State Street leading the way through November 2024 thanks to its recent purchase.
A 3.2% increase in their Celsius shares recently brought State Street’s net position in the company to a high of $166.9 million today, or 2.3% ownership of the brand, showing additional bullish evidence that puts the stock on track for double-digit growth. growth potential. potential.
In fact, the catalyst for this growth will be the announcement of quarterly earnings on Celsius shares, but the unclear point is how the markets will have to realize that the company is not actually involved in the crackdown on Coca-Cola and Pepsi over its ingredients, inefficiencies, what the market could likely close sooner rather than later.
Before you consider Celsius, you should hear this.
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