Shares of SodaStream International Ltd. (NASDAQ:SODA) have received a consensus rating of “Buy” from the seven research firms that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $75.33.
Several research analysts recently issued reports on the stock. ValuEngine lowered shares of SodaStream International from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Zacks Investment Research upgraded shares of SodaStream International from a “hold” rating to a “buy” rating and set a $74.00 target price for the company in a research report on Tuesday, November 7th. Jefferies Group reiterated a “hold” rating and issued a $55.00 target price on shares of SodaStream International in a research report on Thursday, August 31st. Susquehanna Bancshares reiterated a “buy” rating and issued a $90.00 target price on shares of SodaStream International in a research report on Monday, October 2nd. Finally, BidaskClub upgraded shares of SodaStream International from a “hold” rating to a “buy” rating in a research report on Friday, August 25th.
A number of large investors have recently made changes to their positions in SODA. Menora Mivtachim Holdings LTD. grew its position in SodaStream International by 168.6% in the second quarter. Menora Mivtachim Holdings LTD. now owns 837,556 shares of the company’s stock worth $44,826,000 after acquiring an additional 525,720 shares in the last quarter. Lord Abbett & CO. LLC boosted its position in SodaStream International by 589.3% during the second quarter. Lord Abbett & CO. LLC now owns 397,956 shares of the company’s stock valued at $21,298,000 after buying an additional 340,223 shares during the period. Mckinley Capital Management LLC Delaware purchased a new stake in SodaStream International during the third quarter valued at about $14,773,000. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management purchased a new stake in SodaStream International during the second quarter valued at about $10,292,000. Finally, Arrowstreet Capital Limited Partnership boosted its position in SodaStream International by 279.1% during the second quarter. Arrowstreet Capital Limited Partnership now owns 170,889 shares of the company’s stock valued at $9,146,000 after buying an additional 125,812 shares during the period. Institutional investors own 51.88% of the company’s stock.
SodaStream International (NASDAQ:SODA) traded down $0.02 during trading on Thursday, hitting $70.36. 179,436 shares of the stock traded hands, compared to its average volume of 234,637. The company has a market capitalization of $6,760.00, a PE ratio of 24.43 and a beta of 1.19. SodaStream International has a 52-week low of $36.00 and a 52-week high of $71.14.
SodaStream International (NASDAQ:SODA) last released its quarterly earnings results on Wednesday, November 1st. The company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.13. The firm had revenue of $139.80 million for the quarter, compared to analysts’ expectations of $135.43 million. SodaStream International had a net margin of 12.47% and a return on equity of 15.17%. The business’s quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.69 earnings per share. research analysts expect that SodaStream International will post 2.96 earnings per share for the current fiscal year.
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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