SodaStream International Ltd. (NASDAQ:SODA) had its target price reduced by investment analysts at Jefferies Group from $31.00 to $26.00 in a report issued on Wednesday. The firm currently has a “hold” rating on the stock. Jefferies Group’s price target points to a potential upside of 4.08% from the stock’s current price.
SODA has been the subject of several other research reports. Susquehanna reiterated a “hold” rating on shares of SodaStream International in a research report on Monday, August 22nd. Zacks Investment Research lowered SodaStream International from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 5th. Finally, Roth Capital lowered SodaStream International from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $22.00 to $33.00 in a research report on Wednesday, August 3rd. Seven investment analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and a consensus target price of $24.71.
Shares of SodaStream International (NASDAQ:SODA) traded down 0.52% on Wednesday, hitting $24.85. 67,569 shares of the stock traded hands. The company has a market cap of $525.23 million, a PE ratio of 27.61 and a beta of 1.03. The firm’s 50 day moving average is $27.01 and its 200-day moving average is $22.04. SodaStream International has a 12 month low of $11.66 and a 12 month high of $30.70.
SodaStream International (NASDAQ:SODA) last issued its earnings results on Tuesday, August 2nd. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.21 by $0.16. The company earned $119.20 million during the quarter, compared to analyst estimates of $105.72 million. SodaStream International had a return on equity of 6.91% and a net margin of 4.28%. The business’s revenue was up 19.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.17 EPS. Equities analysts predict that SodaStream International will post $1.14 earnings per share for the current year.
Several large investors have recently made changes to their positions in SODA. Scotia Capital Inc. raised its stake in shares of SodaStream International by 3.4% in the first quarter. Scotia Capital Inc. now owns 16,785 shares of the company’s stock worth $236,000 after buying an additional 550 shares during the period. Granahan Investment Management Inc. MA raised its position in SodaStream International by 2.6% in the first quarter. Granahan Investment Management Inc. MA now owns 436,106 shares of the company’s stock valued at $6,140,000 after buying an additional 10,920 shares during the last quarter. Nantahala Capital Management LLC raised its position in SodaStream International by 3.0% in the first quarter. Nantahala Capital Management LLC now owns 1,410,806 shares of the company’s stock valued at $19,864,000 after buying an additional 40,829 shares during the last quarter. Royal Bank of Canada raised its position in SodaStream International by 113.4% in the first quarter. Royal Bank of Canada now owns 25,052 shares of the company’s stock valued at $353,000 after buying an additional 13,312 shares during the last quarter. Finally, Eqis Capital Management Inc. raised its position in SodaStream International by 3.5% in the second quarter. Eqis Capital Management Inc. now owns 11,528 shares of the company’s stock valued at $246,000 after buying an additional 394 shares during the last quarter. 38.94% of the stock is currently 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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