Shares of SodaStream International Ltd. (NASDAQ:SODA) have earned a consensus recommendation of “Hold” from the seven research firms that are covering the firm. Six research analysts have rated the stock with a hold rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $24.67.
SODA has been the topic of a number of recent research reports. Zacks Investment Research upgraded SodaStream International from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a research note on Wednesday, June 29th. Susquehanna restated a “hold” rating on shares of SodaStream International in a research note on Monday, August 22nd. Jefferies Group restated a “hold” rating and set a $31.00 price objective on shares of SodaStream International in a research note on Wednesday, August 3rd. Finally, Roth Capital lowered SodaStream International from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $22.00 to $33.00 in a research note on Wednesday, August 3rd.
Several large investors have recently added to or reduced their stakes in SODA. BlackRock Institutional Trust Company N.A. increased its stake in SodaStream International by 178.0% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 4,971 shares of the company’s stock valued at $106,000 after buying an additional 3,183 shares during the period. JPMorgan Chase & Co. purchased a new stake in SodaStream International during the second quarter valued at $175,000. Acrospire Investment Management LLC purchased a new stake in SodaStream International during the second quarter valued at $180,000. C M Bidwell & Associates Ltd. purchased a new stake in SodaStream International during the second quarter valued at $187,000. Finally, Trexquant Investment LP purchased a new stake in SodaStream International during the second quarter valued at $200,000. 38.94% of the stock is currently owned by institutional investors.
SodaStream International (NASDAQ:SODA) opened at 26.69 on Monday. The stock’s 50 day moving average price is $27.83 and its 200 day moving average price is $21.26. The firm has a market cap of $564.12 million, a price-to-earnings ratio of 29.66 and a beta of 1.00. SodaStream International has a 52 week low of $11.66 and a 52 week high of $30.70.
SodaStream International (NASDAQ:SODA) last posted its quarterly earnings data on Tuesday, August 2nd. The company reported $0.37 EPS for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.16. SodaStream International had a return on equity of 6.91% and a net margin of 4.28%. The firm had revenue of $119.20 million for the quarter, compared to analyst estimates of $105.72 million. During the same quarter last year, the company earned $0.17 EPS. The company’s revenue was up 19.4% on a year-over-year basis. On average, equities research analysts predict that SodaStream International will post $1.14 EPS for the current year.
SodaStream International Company Profile
SodaStream International Ltd. (SodaStream) is a sparkling water company. The Company manufactures, distributes and sells home beverage carbonation systems, which enable consumers to transform ordinary tap water into sparkling water and flavored sparkling water. The Company’s segments include The Americas, Western Europe, Asia-Pacific, and Central and Eastern Europe, Middle East and Africa (CEMEA).
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