Sodastream International Ltd (NASDAQ:SODA) – Jefferies Group boosted their Q2 2018 earnings per share (EPS) estimates for Sodastream International in a report issued on Monday. Jefferies Group analyst A. Jagdale now expects that the company will post earnings per share of $0.71 for the quarter, up from their prior estimate of $0.70. Jefferies Group also issued estimates for Sodastream International’s Q3 2018 earnings at $1.03 EPS, FY2018 earnings at $3.46 EPS, Q1 2019 earnings at $0.74 EPS, Q2 2019 earnings at $0.78 EPS and Q3 2019 earnings at $1.11 EPS.
Sodastream International (NASDAQ:SODA) last issued its quarterly earnings results on Wednesday, February 14th. The company reported $1.13 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.78 by $0.35. The firm had revenue of $157.66 million for the quarter, compared to analyst estimates of $151.57 million. Sodastream International had a return on equity of 16.37% and a net margin of 13.69%. The business’s revenue was up 19.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.71 earnings per share.
Shares of Sodastream International (NASDAQ SODA) opened at $81.35 on Tuesday. The stock has a market capitalization of $1,781.89, a P/E ratio of 24.66 and a beta of 1.25. Sodastream International has a 12 month low of $45.60 and a 12 month high of $86.75.
Institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp lifted its position in Sodastream International by 5.9% during the third quarter. Bank of New York Mellon Corp now owns 148,848 shares of the company’s stock worth $9,891,000 after buying an additional 8,297 shares in the last quarter. ClariVest Asset Management LLC lifted its position in Sodastream International by 157.2% during the third quarter. ClariVest Asset Management LLC now owns 63,304 shares of the company’s stock worth $4,208,000 after buying an additional 38,696 shares in the last quarter. Granahan Investment Management Inc. MA lifted its position in Sodastream International by 9.3% during the third quarter. Granahan Investment Management Inc. MA now owns 417,155 shares of the company’s stock worth $27,720,000 after buying an additional 35,621 shares in the last quarter. Wells Fargo & Company MN lifted its position in Sodastream International by 912.2% during the third quarter. Wells Fargo & Company MN now owns 9,758 shares of the company’s stock worth $648,000 after buying an additional 8,794 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. purchased a new stake in Sodastream International in the third quarter valued at $1,301,000. Hedge funds and other institutional investors own 55.19% of the company’s stock.
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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