Investment Rating - The investment rating for the company is "Buy" [1][20]. Core Insights - The company has achieved a turnaround from loss to profit, with a gross margin of 48.0% in 2023, an increase of 6.6 percentage points year-on-year. The net profit attributable to shareholders reached $182 million, marking a significant recovery [3][19]. - Revenue growth is robust, with total revenue for 2023 at $1.318 billion, a year-on-year increase of 101.7%, continuing a trend of over 100% growth for three consecutive years [19][20]. - The company has established a long-term distribution agreement with Pepsi, which has significantly increased its revenue contribution from 22.2% in 2022 to 59.4% in 2023 [7][20]. Summary by Sections Market Data - As of March 1, 2024, the closing price is $79.27, with a total market capitalization of $18.454 billion and total assets of $15.36 billion [1]. Financial Performance - In 2023, the company reported a net profit of $227 million, with an adjusted EBITDA of $296 million, reflecting a year-on-year growth of 315.8% [3][19]. - The company expects revenues of $2.02 billion, $2.95 billion, and $4.12 billion for 2024, 2025, and 2026, respectively, with year-on-year growth rates of 53.0%, 46.6%, and 39.6% [20][23]. Regional Revenue Growth - North America remains the primary revenue source, generating $1.263 billion in 2023, a 104.6% increase year-on-year, accounting for 95.9% of total revenue [6][20]. - Revenue from Europe and Asia also saw significant growth, with increases of 40.8% and 30.4%, respectively [6][20]. Cost Management - The company has successfully reduced selling, general, and administrative expenses, achieving a ratio of 27.8%, lower than the pre-reform level in 2021 [3][19]. Future Outlook - The company anticipates continued growth in profitability, with projected net profits of $300 million, $440 million, and $620 million for 2024, 2025, and 2026, respectively, reflecting growth rates of 66.8%, 45.5%, and 40.9% [20][23].

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Celsius Holdings Inc. (CELH) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Celsius Holdings Inc. currently has an average bro ...

Celsius Holdings Inc. (CELH) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned +55.4% over the past month versus the Zacks S&P 500 composite's +2.9% change. The Zacks Food - Miscellaneous industry, to which Celsius Holdings Inc. belongs, has gained 0.5% over this period. Now the key question is: Where could the stock be headed in ...

Shares of Celsius Holdings (CELH 9.55%) have soared over the past year. And the stock shot higher again last week after the company reported fourth quarter and full-year 2023 earnings.That led one Wall Street analyst to raise his firm's price target on the fitness drink company by 36%. Peter Grom from UBS maintained his buy rating on the shares but hiked his price target from $73 to $99 per share. That would represent a 14% gain from the stock's closing price as of this writing.Growth from several anglesGro ...

Shares of energy drink company Celsius Holdings (CELH 8.28%) blasted 63.6% higher during February, according to data provided by S&P Global Market Intelligence. The stock had already climbed 36% higher by Feb. 28. But on Feb. 29, the stock further soared after the company reported its financial results for the fourth quarter of 2023.Anticipation was clearly building for Celsius throughout the month. And for good reason: Third-party data suggested that the company was having yet another monster quarter of gr ...

Shares of each of the "Magnificent Seven" have made for wonderful investments in the last five years. But Nvidia stands out. The AI chip maker's stock has soared 1,940% during that time.However, there's one under-the-radar beverage stock that has fared much better. I'm talking about budding energy drink maker Celsius (CELH 6.26%). In the past five years, its shares have skyrocketed 6,000%, turning a $1,000 initial investment into a whopping $61,000 (as of Feb. 29).Let's take a closer look at what drove thos ...

Investment Rating - The report assigns an "Overweight" rating to Celsius Holdings (CELH) for the first time [3][12] Core Views - Celsius achieved rapid revenue growth in 2023, with total revenue reaching $1.32 billion, a year-on-year increase of 101.7% [3] - The company's net profit turned positive at $182 million, compared to a loss of $200 million in 2022, with a net profit margin of 13.8% [3] - Gross margin improved to 48.0%, up 6.6 percentage points from 2022 [3] - Diluted EPS was $0.77, compared to -$0.88 in 2022 [3] Sales Performance - Celsius' sales growth significantly outpaced the energy drink category, with 4-week sales up 112.3%, 13-week sales up 126.6%, and 26-week sales up 142.3% [5] - The company's US market share reached 10.5% in 2023, more than double the 4.9% share in 2022 [5] - Celsius was the top-selling energy drink on Amazon for 14 weeks ending December 30, 2023, capturing 19.7% of Amazon's energy drink sales [10] Regional and Distribution Analysis - North America accounted for 95.9% of total revenue in 2023, with sales of $1.26 billion, up 104.6% year-on-year [7] - PepsiCo's contribution to total revenue increased to 59.4% in 2023 from 22.2% in 2022, a 37.2 percentage point increase [7] - PepsiCo accounted for 69.0% of accounts receivable in 2023, up from 47.6% in 2022 [7] Financial Performance and Projections - Operating expenses decreased by 14.4% to $370 million in 2023, with the operating expense ratio dropping to 27.8% from 65.6% in 2022 [25] - Revenue is projected to grow to $1.98 billion in 2024, $2.78 billion in 2025, and $3.68 billion in 2026, representing growth rates of 50%, 40%, and 32% respectively [12][26] - Net income attributable to shareholders is forecasted to reach $285 million in 2024, $413 million in 2025, and $558 million in 2026 [12][26] Valuation Metrics - As of March 4, 2024, the stock price was $86.84, with a P/E ratio of 71 for 2024, 49 for 2025, and 36 for 2026 [12][26] - The company's market capitalization stood at $20.22 billion as of March 4, 2024 [2]

Energy drink stocks are sparkling with caffeine-infused vitality in 2024. Every major name in this category has beaten the S&P 500 index over the last month -- and by a lot, in some cases. And it's not a broad surge across the whole food sector, or even beverages in general; industry giants Coca-Cola (KO -0.82%) and PepsiCo (PEP -0.45%) are underperforming the S&P 500 over the same period.The energy drink sector tends to crush the broader stock market in the long run, so I'm not surprised to see the trend c ...

Shares of energy drink maker Celsius Holdings (CELH -4.62%) soared after the company reported fourth-quarter and full-year 2023 results this week. Celsius stock has rocketed nearly 50% this year, but about half of that was from its surge this week. As of Friday afternoon, shares were higher by about 25% just this week, according to data provided by S&P Global Market Intelligence.Swinging to profitsCelsius' huge growth in product sales led it to a full-year profit of $0.77 diluted earnings per share. That co ...

Shares of Celsius Holdings (CELH 20.44%) bubbled more than 22% higher on Thursday morning, following a tasty earnings report. The stock closed Thursday's trading with a 20.4% gain.Breaking down Celsius' earnings surpriseThe health-conscious energy drink maker's fourth-quarter sales nearly doubled year over year, rising from $178 million to $347 million. The bottom line swung from a $0.12 loss per share to $0.17 of positive earnings per share. The analyst community's consensus targets stopped at $331 million ...