SodaStream International Ltd. (NASDAQ:SODA) has been given a consensus recommendation of “Buy” by the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $75.33.

Several research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of SodaStream International from a “hold” rating to a “buy” rating and set a $74.00 target price on the stock in a research note on Tuesday, November 7th. Susquehanna Bancshares set a $92.00 target price on shares of SodaStream International and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Jefferies Group set a $60.00 target price on shares of SodaStream International and gave the stock a “hold” rating in a research note on Monday, October 30th. ValuEngine downgraded shares of SodaStream International from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Finally, BidaskClub upgraded shares of SodaStream International from a “hold” rating to a “buy” rating in a research note on Friday, August 25th.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Menora Mivtachim Holdings LTD. raised its holdings in shares of SodaStream International by 168.6% during the second quarter. Menora Mivtachim Holdings LTD. now owns 837,556 shares of the company’s stock valued at $44,826,000 after purchasing an additional 525,720 shares during the last quarter. Winslow Evans & Crocker Inc. purchased a new position in shares of SodaStream International during the third quarter valued at approximately $269,000. Wasatch Advisors Inc. raised its holdings in shares of SodaStream International by 260.0% during the second quarter. Wasatch Advisors Inc. now owns 81,000 shares of the company’s stock valued at $4,335,000 after purchasing an additional 58,500 shares during the last quarter. AHL Partners LLP purchased a new position in shares of SodaStream International during the second quarter valued at approximately $395,000. Finally, Lord Abbett & CO. LLC raised its holdings in shares of 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 purchasing an additional 340,223 shares during the last quarter. 51.88% of the stock is owned by hedge funds and other institutional investors.

Shares of SodaStream International (SODA) traded up $0.66 during midday trading on Thursday, hitting $70.38. 247,828 shares of the stock traded hands, compared to its average volume of 293,318. The company has a market capitalization of $6,780.00, a P/E ratio of 23.98 and a beta of 1.15. SodaStream International has a 52-week low of $35.70 and a 52-week high of $70.89.

SodaStream International (NASDAQ:SODA) last issued its earnings results on Wednesday, November 1st. The company reported $0.87 earnings per share (EPS) 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 the consensus estimate of $135.43 million. SodaStream International had a net margin of 12.47% and a return on equity of 15.17%. The business’s 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. analysts expect that SodaStream International will post 2.96 earnings per share for the current year.

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About SodaStream International

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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