Should you buy Celsius Holdings stock? (June 2024)

Published first at https://www.3minutebreakdowns.com Celsius Holdings stock analysis. Ticker: $CELH Energy drink maker Celsius is one of the best performing stocks of the last 10 years. Shares have increased over 25,000 per cent since 2014. But over the last 15 days, the stock has dropped 40% taking the company’s market value back to 13.9 billion dollars. With 879 million of cash on the balance sheet and no debt, the enterprise value is just 13 billion. Revenue over the last 12 months comes to 1.4 billion, with 263 million of net income and 335 million of adjusted ebitda. So Celsius stock is valued at 9 times revenue, 53 times earnings and 39 times ebitda. The fall in Celsius stock started when market research company Nielsen showed that sales were beginning to slow. Weekly sales growth slowed to 39% and market share. according to Nielsen. dipped from 10.8% to 10.5%. Then, we heard that Celsius’s distribution partner PEPSI was having to reduce its inventory, often a sign of weak demand. To top things off, videos started circulating across social media suggesting that Celsius drinks contained cyanide. For a company that was trading at over 80 times earnings it's not really surprising that shares gave up some of their gains. However, there’s a case that the market is overreacting. #investing #stocks #CELH #celsiusenergy #3mb