Celsius Holdings Downgraded: Analyst Cautions Weak Consumer Environment, No Meaningful Recovery Projected Until Summer 2025
Celsius Holdings Downgraded: Analyst Cautions Weak Consumer Environment, No Meaningful Recovery Projected Until Summer 2025
BofA Securities analyst Jonathan Keypour downgraded Celsius Holdings, Inc. (NASDAQ:CELH) from Neutral to Underperform, lowering the price forecast to $32 from $60.
BofA证券分析师Jonathan Keypour将Celsius Holdings, Inc. (NASDAQ:CELH) 的评级从中立下调至跑输大盘，将价格预测下调至32美元，原预测为60美元。
Although the energy drink category had been consistently growing at a sustainable rate of +4-5% annually, the analyst notes that this growth began to decline earlier this year.
尽管能量饮料类别一直以可持续的每年增长率4-5%的速度稳步增长，但分析师指出，今年早些时候这种增长开始下降。
According to the analyst, the slowdown in the category will have an outsized impact on Celsius. The analyst has not forecasted meaningful recovery until next summer.
根据该分析师的说法，该类别的放缓将对Celsius产生巨大影响。分析师并没有预计在明年夏季之前有实质性的复苏。
The slowdown was partly due to the company's rapid growth rate since 2021, which has further impacted the current weak consumer environment.
增长放缓部分原因是由于该公司自2021年以来的快速增长率，进一步影响了当前疲软的消费环境。
Also Read: Celsius Power Surge: Q2 Earnings And Sales Smash Expectations, Stock Climbs
另请参阅：Celsius Power Surge: Q2业绩和销售超出预期，股价上涨。
Yesterday, the company reported second-quarter earnings per share of 28 cents (+65%), beating the street view of 23 cents. Quarterly sales of $402 million (+23%) exceeded the analyst consensus of $393.165 million.
昨天，该公司报告了每股收益为28美分（+65%）的第二季度财报，超过了华尔街的预期，为23美分。季度销售额为4020万美元（+23%），超过了分析师的一致预期，为3931.65万美元。
Given the sharp sequential decline in sales from the first quarter to the third quarter of 2024, the analyst decided to lower estimates for the fourth quarter and beyond.
考虑到2024年第一季度至第三季度销售的急剧同比下降，该分析师决定降低四季度及以后的预测。
Keypour reduced the sales forecasts for FY24, FY25, and FY26 by 6%, 18%, and 23%, respectively.
Keypour将FY24、FY25和FY26的销售预测分别降低了6%、18%和23%。
More notably, the latest Nielsen data through July 27 reveals that headline Celsius sales growth is slowing, prompting the analyst to cut the third-quarter sales estimate by 12.6%.
更为重要的是，最新的尼尔森数据显示，Celsius的总销售额增长正在放缓，促使分析师将第三季度的销售预期下调了12.6%。
Price Action: CELH shares are trading higher by 1.40% to $39.95 at last check Thursday.
股价行情：截至周四最后交易，CELH股票交易价格上涨1.40%，至39.95美元。
Photo via Shutterstock
图片来自shutterstock。
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