Celsius(CELH)
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3 of the Best Growth Stocks You Can Buy for Less than $100
The Motley Fool· 2024-12-05 10:27
Core Viewpoint - Finding growth stocks priced under $100 is becoming increasingly challenging, yet there are still viable options for long-term investment that are affordable [1][3]. Group 1: CRISPR Therapeutics - CRISPR Therapeutics is a promising healthcare stock currently trading at just over $51 per share, well below the $100 threshold [4]. - The company has received approval for its cell therapy, Casgevy, which targets rare blood disorders and has a price tag exceeding $2 million, indicating significant revenue potential [5]. - Although CRISPR does not generate consistent revenue and has incurred losses, it has effectively managed costs, which may lead to improved financials as Casgevy is rolled out [6][7]. Group 2: Celsius - Celsius, an energy drink company, has seen its stock price drop to below $30 after previously nearing $100, primarily due to a decline in growth rate and reduced guidance [8]. - The company has a strong partnership with PepsiCo, which invested $550 million in Celsius in 2022, providing a vote of confidence [9]. - Despite recent challenges, Celsius has potential for growth in untapped markets and has posted operating profits in three of the last four quarters [10]. Group 3: KB Home - KB Home is trading just under $83 per share and is benefiting from decreasing interest rates, which may accelerate sales in upcoming quarters [11][12]. - The company reported quarterly revenue of approximately $1.8 billion, reflecting a more than 10% increase from the previous year, and noted a strengthening in demand [12]. - With a valuation of 11 times its trailing earnings, KB Home is considered an attractive growth and value stock for investment [13].
What's Wrong With Celsius Holdings Stock?
The Motley Fool· 2024-12-05 09:11
Company Performance - Celsius Holdings' stock has fallen more than 60% over the past six months, indicating a significant shift in investor sentiment [1] - The company's revenue growth slowed to 37% year-over-year in the quarter ending March 31, down from 95% growth just three months earlier [3] - Third-quarter sales for the period ending Sept 30 totaled $265 7 million, a 31% decline from the same period last year [6] - Net income dropped 92% to $6 4 million in the most recent quarter due to lighter growth and rising operating expenses [7] Industry Dynamics - Celsius Holdings has become one of the top names in the energy drink industry, benefiting from its position in the sugar-free energy market [2][9] - The company's heavy reliance on its key distributor, PepsiCo, has created a significant vulnerability, as adjustments in PepsiCo's inventory levels have impacted Celsius' financial performance [5][6][8] Investment Considerations - Despite recent challenges, Celsius still possesses attractive long-run growth prospects in the sugar-free energy market and maintains a key partnership with PepsiCo [9] - The stock is currently trading at 29 times next year's earnings, a lower multiple compared to historical valuations, potentially making it a more reasonable investment option if growth rates recover [10]
CELH Investors Have Opportunity to Lead Celsius Holdings, Inc. Securities Fraud Lawsuit
Prnewswire· 2024-12-04 21:11
Core Viewpoint - Rosen Law Firm is reminding purchasers of Celsius Holdings, Inc. common stock during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit, indicating potential compensation for affected investors [1]. Group 1: Class Action Details - The Class Period for the Celsius Holdings, Inc. common stock is from February 29, 2024, to September 4, 2024, inclusive [1]. - Investors who purchased Celsius common stock during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by January 21, 2025 [2]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3]. - The firm has achieved significant settlements in the past, including the largest securities class action settlement against a Chinese company at the time [3]. - In 2019, Rosen Law Firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [3]. Group 3: Allegations Against Celsius - The lawsuit alleges that Celsius made false and misleading statements regarding its inventory and sales to PepsiCo, indicating that Celsius oversold inventory far beyond demand [4]. - It is claimed that as Pepsi reduced its purchases, Celsius would face a significant decline in sales, negatively impacting its financial performance [4]. - The lawsuit asserts that Celsius' business metrics and financial outlook were not as strong as represented, leading to investor damages when the true situation was revealed [4].
Investors who lost money on Celsius Holdings, Inc. (CELH) should contact The Gross Law Firm about pending Class Action - CELH
GlobeNewswire News Room· 2024-12-04 17:49
Core Viewpoint - The Gross Law Firm is notifying shareholders of Celsius Holdings, Inc. about a class action lawsuit due to alleged misleading statements and insider trading activities that inflated the stock price [1][3]. Group 1: Allegations - The complaint alleges that Celsius Holdings deceived investors regarding its business prospects and artificially inflated its stock price [3]. - It is claimed that certain officers, directors, and insiders sold over 21.6 million shares at inflated prices, generating more than $1.4 billion in proceeds [3]. - The actions of the defendants caused shareholders to purchase stock at inflated prices, leading to financial damages as the true facts about the company were revealed [3]. Group 2: Class Action Details - The class period for the lawsuit is from February 29, 2024, to September 4, 2024 [3]. - Shareholders are encouraged to register for the class action by January 21, 2025, to potentially be appointed as lead plaintiffs [4]. - Participants will receive updates through a portfolio monitoring software once registered [4]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors from deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].
CELH INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Celsius Holdings, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead Class Action Lawsuit
GlobeNewswire News Room· 2024-12-04 14:15
Core Viewpoint - Celsius Holdings, Inc. is facing a class action lawsuit due to alleged misleading statements regarding its financial performance and inventory management, particularly in relation to its sales to PepsiCo [4][6]. Company Overview - Celsius Holdings, Inc. is a holding company that develops, processes, markets, distributes, and sells energy drinks and liquid supplements [3]. Allegations of the Lawsuit - The lawsuit claims that Celsius oversold inventory to PepsiCo beyond demand, leading to a significant decline in future sales and financial performance [4]. - It is alleged that Celsius created a misleading impression of its financial health by not disclosing the unsustainable sales rate to Pepsi [4]. - The lawsuit indicates that Celsius' business metrics were not as strong as represented during the class period [4]. Stock Performance Impact - On May 27, 2024, Celsius stock dropped nearly 13% following negative retail trends reported by Nielsen [5]. - Following disclosures on September 4, 2024, regarding reduced orders from Pepsi, Celsius stock fell more than 11% [6]. - On November 6, 2024, Celsius reported a 31% decline in third-quarter revenue, with North American revenues down 33%, leading to an additional 5% drop in stock price [7]. Financial Data - Celsius' third-quarter revenue for 2024 was approximately $265.7 million, down from $384.8 million in the same quarter of 2023 [7]. - Revenue from Pepsi declined by $123.9 million, contributing to a gross profit decrease of $71.9 million, or 37% [7]. - The gross profit margin fell to 46.0%, a decrease of 440 basis points from 50.4% in the previous year [7].
CELSIUS ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Celsius Holdings, Inc. and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-12-04 02:00
Core Points - A class action lawsuit has been filed against Celsius Holdings, Inc. for allegedly misleading investors regarding its sales performance and inventory management [1][3] - The lawsuit covers all individuals and entities that purchased Celsius securities between February 29, 2024, and September 4, 2024, with a deadline for lead plaintiff applications set for January 21, 2025 [1] Allegations - Celsius oversold inventory to Pepsi beyond actual demand, leading to a significant anticipated decline in sales as Pepsi reduces its purchases [3] - The company’s sales rate to Pepsi was unsustainable, creating a false impression of its financial health [3] - The decline in sales and misleading statements resulted in a drop in Celsius' stock price, negatively impacting investors [3]
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Celsius Holdings, Inc. - CELH
Prnewswire· 2024-12-03 18:26
Core Points - A class action lawsuit has been filed against Celsius Holdings, Inc. for alleged securities fraud and unlawful business practices [2][3] - Investors who purchased Celsius securities during the Class Period have until January 21, 2025, to apply as Lead Plaintiff [2] - Celsius experienced a significant decline in stock price following negative sales trends and reduced orders from Pepsi [3][5] Financial Performance - Celsius reported third quarter 2024 revenue of approximately $265.7 million, a 31% decline from $384.8 million in the same period of 2023 [4] - North American revenues fell by 33%, and revenue from Pepsi declined by $123.9 million [4] - The company's gross profit decreased by $71.9 million, or 37%, with a gross profit margin of 46.0%, down from 50.4% year-over-year [4] Stock Price Movements - On May 27, 2024, Celsius stock fell nearly 13% due to slowing sales growth and market share decline [3] - Following the announcement of reduced orders from Pepsi on September 4, 2024, the stock price dropped by $4.25, or 11.59% [3][5] - After the November 6, 2024, earnings report, the stock fell by $1.69, or 5.32% [5]
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Celsius
GlobeNewswire News Room· 2024-12-03 15:23
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Celsius Holdings, Inc. due to allegations of misleading statements regarding its financial performance and inventory management, particularly concerning sales to PepsiCo [2][4]. Group 1: Legal Investigation and Class Action - The law firm is encouraging investors who suffered losses exceeding $75,000 in Celsius between February 29, 2024, and September 4, 2024, to discuss their legal options [1]. - There is a deadline of January 21, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against Celsius [2]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [3]. Group 2: Allegations Against Celsius - The complaint alleges that Celsius oversold inventory to Pepsi far beyond demand, leading to a significant sales decline as Pepsi reduced its purchases [4]. - It is claimed that Celsius' sales rate to Pepsi was unsustainable, creating a misleading impression of the company's financial health [4]. - The allegations suggest that Celsius' business metrics and financial prospects were not as strong as previously indicated, leading to false and misleading statements about its outlook [4]. Group 3: Financial Performance and Stock Impact - On May 27, 2024, Celsius stock fell nearly 13% following negative retail trends reported by Nielsen [5]. - On September 4, 2024, Celsius revealed a reduction in sales to Pepsi from approximately $100 million to $120 million compared to the previous quarter, causing the stock to drop over 11% [5][6]. - For the third quarter of 2024, Celsius reported revenue of approximately $265.7 million, a 31% decline from $384.8 million in the same period of 2023, with North American revenues falling 33% [7]. - The revenue from Pepsi declined by $123.9 million, and gross profit decreased by $71.9 million, or 37%, leading to an additional 5% drop in stock price [7].
Lost Money on Celsius Holdings, Inc.(CELH)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
Prnewswire· 2024-12-03 10:45
NEW YORK, Dec. 3, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Celsius Holdings, Inc. ("Celsius" or the "Company") (NASDAQ: CELH) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Celsius investors who were adversely affected by alleged securities fraud between February 29, 2024 and September 4, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/celsius-holdings-inc-law ...
Robbins LLP Urges CELH Stockholders with Large Losses to Contact the firm for Information About the Celsius Holdings, Inc. Class Action Lawsuit
GlobeNewswire News Room· 2024-12-03 05:20
SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of all purchasers of Celsius Holdings, Inc. (NASDAQ: CELH) common stock between February 29, 2024 and September 4, 2024. Celsius is a holding company that develops, processes, markets, distributes, and sells energy drinks and liquid supplements in the United States and internationally. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The ...