SodaStream International Ltd. (NASDAQ:SODA) has been assigned a $60.00 price objective by research analysts at Jefferies Group LLC in a research note issued on Monday. The brokerage presently has a “hold” rating on the stock. Jefferies Group LLC’s price objective would indicate a potential downside of 5.76% from the company’s previous close.
SODA has been the topic of a number of other research reports. ValuEngine lowered SodaStream International from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Susquehanna Bancshares Inc reiterated a “positive” rating and issued a $79.00 target price (up previously from $58.00) on shares of SodaStream International in a research note on Tuesday, August 1st. BidaskClub lowered SodaStream International from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. UBS AG upgraded SodaStream International from a “neutral” rating to a “positive” rating in a research note on Thursday, August 3rd. Finally, Zacks Investment Research lowered SodaStream International from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $64.75.
SodaStream International (SODA) traded up 1.27% during mid-day trading on Monday, reaching $63.67. 376,601 shares of the company traded hands. The company’s 50 day moving average price is $62.01 and its 200 day moving average price is $57.11. The firm has a market capitalization of $1.39 billion, a P/E ratio of 23.60 and a beta of 1.22. SodaStream International has a 12-month low of $24.85 and a 12-month high of $67.75.
SodaStream International (NASDAQ:SODA) last released its earnings results on Wednesday, August 2nd. The company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.13. SodaStream International had a return on equity of 14.86% and a net margin of 11.89%. The business had revenue of $130.60 million for the quarter, compared to analyst estimates of $129.33 million. During the same quarter last year, the firm posted $0.37 earnings per share. The business’s revenue was up 9.6% compared to the same quarter last year. Equities research analysts predict that SodaStream International will post $2.75 EPS for the current year.
Institutional investors and hedge funds have recently bought and sold shares of the company. Tower Research Capital LLC TRC grew its position in shares of SodaStream International by 253.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,764 shares of the company’s stock worth $148,000 after buying an additional 1,981 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of SodaStream International by 5.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,298 shares of the company’s stock worth $177,000 after buying an additional 185 shares in the last quarter. Winslow Evans & Crocker Inc. bought a new position in shares of SodaStream International during the 3rd quarter worth $269,000. First Allied Advisory Services Inc. bought a new position in shares of SodaStream International during the 2nd quarter worth $226,000. Finally, Parametrica Management Ltd bought a new position in shares of SodaStream International during the 3rd quarter worth $292,000. 47.48% of the stock is currently owned by institutional investors and hedge funds.
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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