Celsius Chairman, President, and CEO John Fieldly joins 'Mad Money' host Jim Cramer to talk quarterly results, its acquisition of Alani Nu, consumer trends, and more.
Celsius Holdings Inc CELH reported better-than-expected fourth-quarter earnings and entered into an agreement to acquire Alani Nutrition for $1.8 billion.
Celsius (CELH) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Shares in Celsius Resources Ltd (ASX:CLA, AIM:CLA) jumped 27% in early trading in London after its Philippine affiliate, Makilala Mining Company, secured a $76.4 million bridge loan facility from Maharlika Investment Corporation. The funding will support the company's flagship MCB Project, covering an updated feasibility study, front-end engineering design, and early development work, including road construction and skills training for the local Balatoc community.
Celsius acquired Alani Nu for $1.8 billion, consolidating leadership in the healthy energy drink market and setting up for significant growth in 2025. The deal was a bargain at less than 3x TTM sales, enhancing Celsius' growth profile and offering substantial synergies and international expansion opportunities. The stock now trades at ~3.5x EV/S targets, far below peer Monster Beverage.
Despite a lackluster fourth quarter report, Celsius surged 28% after announcing the acquisition of Alani Nu, a fast-growing energy drink brand. Celsius is set for at least two quarters of underwhelming growth on tough comps and an ongoing weakness in the energy market. The acquisition is received with extreme enthusiasm, although there are plenty of uncertainties regarding its real potential benefits.
Celsius (CELH 27.77%) continues to struggle with market share in the energy drink segment, but the company answered some of those fears by buying Alani Nu, a fast-growing competitor. The stock surged on Friday after the news, which Travis Hoium breaks down in this video.
Shares of Celsius Holdings (CELH 29.61%) were on the rebound today, jumping after the company reported better-than-expected earnings results and said it would acquire Alani Nu, another energy drink maker, for $1.8 billion.
Celsius Holdings (CELH 31.88%) stock became energized on Friday. Shares of the lifestyle brand of sparkling beverages that boost metabolism when consumed just before elevated cardio activity opened sharply higher following better-than-expected fourth-quarter results and a seemingly growth-invigorating acquisition.
Shares of the third-largest energy drink brand in the United States, Celsius (CELH 29.89%), were up 44% this week as of 11 a.m. ET Friday, according to data provided by S&P Global Market Intelligence.
Celsius Holdings Inc (NASDAQ:CELH) is on track for its largest percentage gain since November 2020, last seen up 26.9% at $32.40.
In this video, I will cover Celsius's (CELH 26.64%) recent earnings report and explain why I believe the acquisition of Alani Nu makes sense. Watch the short video to learn more, consider subscribing, and click the special offer link below.