Celh stock good to buy now
8/26/2024 09:35pm
**Celsius Holdings, Inc. (CELH) appears to be a strong buy at this time**, considering the following points:
1. **Analyst Ratings and Price Targets**:
- The consensus rating for CELH stock is a "Strong Buy" with 12-month price targets ranging from $32.00 to $87.00.
- The average price target is $62.57, which represents a significant upside of 58.24% from the last price of $39.54.
2. **Technical Indicators**:
- The stock's MACD is at 1.42, indicating potential upward momentum.
- The RSI is at 41.23, suggesting that the stock is neither overbought nor oversold.
- The KDJ indicator is at 41.9, which could be interpreted as a neutral signal.
3. **Moving Averages**: The 5-day and 10-day moving averages are $40.2 and $40.3, respectively, very close to the current price of $39.54, indicating a potential consolidation or pause in the short-term trend.
4. **Support and Resistance Levels**: The support level is at $38.75, and the resistance level is at $40.16, with the current price very close to the resistance level, which could be a point of interest for potential upward movement.
5. **Fund Flow**: There has been a net fund flow of $1.81 million, which could indicate investor confidence.
6. **Valuation Metrics**:
- The stock has a Price-to-Earnings (P/E) ratio of 38.7, which is relatively high, suggesting that the stock may be overvalued based on earnings.
- However, the Price-to-Book (P/B) ratio is 23.60, and the Price-to-Sales (P/S) ratio is 6.19, both of which are lower than some other valuation metrics, indicating that the stock may be undervalued based on its assets and sales.
7. **Market Sentiment and News**:
- Despite some negative sentiment, with shares having declined by 34.9% over the past year, analysts remain optimistic, with a moderate buy rating and an average price target that suggests significant upside potential.
- Recent earnings reports have exceeded analyst expectations, which could be a positive sign for future performance.
In conclusion, while there are some cautionary notes regarding valuation and market sentiment, the strong analyst ratings and the potential for significant price appreciation in the near term make CELH stock a compelling buy for investors with a strategic long-term perspective.