SodaStream International Ltd. (NASDAQ:SODA) has earned a consensus rating of “Buy” from the six brokerages that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $75.33.

A number of analysts have recently issued reports on the stock. Susquehanna Bancshares reaffirmed a “buy” rating and set a $90.00 price target on shares of SodaStream International in a report on Monday, October 2nd. Jefferies Group reaffirmed a “hold” rating and set a $55.00 price target on shares of SodaStream International in a report on Thursday, August 31st. BidaskClub downgraded shares of SodaStream International from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. ValuEngine raised shares of SodaStream International from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, Zacks Investment Research downgraded shares of SodaStream International from a “buy” rating to a “hold” rating in a report on Wednesday, October 11th.

Shares of SodaStream International (SODA) traded down $0.23 during trading on Monday, hitting $70.98. 173,274 shares of the company traded hands, compared to its average volume of 283,539. The company has a market cap of $6,850.00, a price-to-earnings ratio of 7.08 and a beta of 1.19. SodaStream International has a 52 week low of $38.36 and a 52 week high of $72.14.

SodaStream International (NASDAQ:SODA) last issued its quarterly earnings results on Wednesday, November 1st. The company reported $0.87 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.13. SodaStream International had a net margin of 12.47% and a return on equity of 15.17%. The company had revenue of $139.80 million during the quarter, compared to analyst estimates of $135.43 million. During the same period last year, the business earned $0.69 EPS. SodaStream International’s quarterly revenue was up 12.6% compared to the same quarter last year. analysts predict that SodaStream International will post 2.96 EPS for the current fiscal year.

Large investors have recently modified their holdings of the company. Envestnet Asset Management Inc. raised its position in shares of SodaStream International by 318.8% during the third quarter. Envestnet Asset Management Inc. now owns 1,625 shares of the company’s stock valued at $109,000 after buying an additional 1,237 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of SodaStream International during the third quarter valued at approximately $128,000. Tower Research Capital LLC TRC raised its position in shares of SodaStream International by 253.0% during the second quarter. Tower Research Capital LLC TRC now owns 2,764 shares of the company’s stock valued at $148,000 after buying an additional 1,981 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. raised its position in shares of SodaStream International by 79.8% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,416 shares of the company’s stock valued at $161,000 after buying an additional 1,072 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of SodaStream International by 5.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,298 shares of the company’s stock valued at $177,000 after buying an additional 185 shares during the last quarter. Hedge funds and other institutional investors own 51.87% of the company’s stock.

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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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