Susquehanna Bancshares Inc restated their neutral rating on shares of Sodastream International Ltd (NASDAQ:SODA) in a research note published on Friday morning. The firm currently has a $54.00 target price on the stock, down from their previous target price of $60.00.
Several other equities research analysts have also commented on SODA. Zacks Investment Research upgraded Sodastream International from a sell rating to a hold rating in a research report on Wednesday, January 18th. Jefferies Group LLC restated a hold rating and issued a $50.00 price objective on shares of Sodastream International in a research report on Wednesday, April 26th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Sodastream International has an average rating of Hold and an average price target of $47.40.
Sodastream International (NASDAQ:SODA) opened at 51.90 on Friday. Sodastream International has a 52 week low of $18.72 and a 52 week high of $57.68. The stock has a 50 day moving average of $52.79 and a 200 day moving average of $44.12. The company has a market cap of $1.12 billion, a PE ratio of 21.30 and a beta of 1.27.
Sodastream International (NASDAQ:SODA) last issued its earnings results on Wednesday, May 10th. The company reported $0.66 EPS for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.28. The firm had revenue of $115.30 million for the quarter, compared to analyst estimates of $110.37 million. Sodastream International had a return on equity of 9.60% and a net margin of 6.92%. Sodastream International’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.29 earnings per share. Equities research analysts predict that Sodastream International will post $2.52 EPS for the current fiscal year.
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Large investors have recently added to or reduced their stakes in the company. New York State Common Retirement Fund acquired a new position in shares of Sodastream International during the third quarter valued at $2,228,000. G2 Investment Partners Management LLC increased its position in shares of Sodastream International by 107.2% in the third quarter. G2 Investment Partners Management LLC now owns 76,050 shares of the company’s stock valued at $2,020,000 after buying an additional 39,349 shares during the last quarter. United Services Automobile Association increased its position in shares of Sodastream International by 101.7% in the third quarter. United Services Automobile Association now owns 173,163 shares of the company’s stock valued at $4,599,000 after buying an additional 87,323 shares during the last quarter. Lazard Asset Management LLC acquired a new position in shares of Sodastream International during the third quarter valued at $2,254,000. Finally, Russell Investments Group Ltd. acquired a new position in shares of Sodastream International during the fourth quarter valued at $3,521,000. Institutional investors and hedge funds own 41.54% of the company’s stock.
Sodastream International Company Profile
SodaStream International Ltd. 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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