SodaStream International Ltd. (SODA) Earns “Hold” Rating from Susquehanna
A number of other equities analysts have also recently commented on SODA. Zacks Investment Research cut SodaStream International from a buy rating to a hold rating in a report on Wednesday, July 13th. Jefferies Group reissued a hold rating and set a $23.00 target price (up previously from $21.00) on shares of SodaStream International in a report on Friday, July 15th. Finally, Roth Capital cut SodaStream International from a buy rating to a neutral rating and increased their target price for the company from $22.00 to $33.00 in a report on Wednesday, August 3rd. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. SodaStream International currently has a consensus rating of Hold and a consensus target price of $26.60.
SodaStream International (NASDAQ:SODA) opened at 32.68 on Tuesday. SodaStream International has a 12-month low of $11.66 and a 12-month high of $33.49. The company’s 50-day moving average price is $25.92 and its 200-day moving average price is $23.71. The stock has a market cap of $690.72 million, a PE ratio of 36.31 and a beta of 1.16.
SodaStream International (NASDAQ:SODA) last announced its earnings results on Thursday, November 10th. The company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.45. SodaStream International had a return on equity of 6.91% and a net margin of 4.28%. The business earned $124.20 million during the quarter, compared to analysts’ expectations of $115.05 million. During the same quarter in the prior year, the firm earned $0.22 earnings per share. The business’s revenue was up 12.9% compared to the same quarter last year. On average, equities analysts expect that SodaStream International will post $1.12 EPS for the current fiscal year.
A number of large investors have recently bought and sold shares of the company. Acadian Asset Management LLC boosted its stake in SodaStream International by 377.0% in the third quarter. Acadian Asset Management LLC now owns 849,099 shares of the company’s stock valued at $22,553,000 after buying an additional 671,098 shares during the period. Emerald Acquisition Ltd. acquired a new stake in SodaStream International during the second quarter valued at about $4,964,000. Spark Investment Management LLC acquired a new stake in SodaStream International during the third quarter valued at about $3,120,000. New York State Common Retirement Fund acquired a new stake in SodaStream International during the third quarter valued at about $2,228,000. Finally, Concourse Capital Management LLC acquired a new stake in SodaStream International during the second quarter valued at about $1,221,000. 42.19% of the stock is owned by institutional investors.
About SodaStream International
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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