Brokerages Expect Sodastream International Ltd (SODA) Will Announce Earnings of $0.38 Per Share

Brokerages predict that Sodastream International Ltd (NASDAQ:SODA) will announce earnings per share (EPS) of $0.38 for the current quarter, Zacks reports. Two analysts have made estimates for Sodastream International’s earnings, with estimates ranging from $0.37 to $0.39. Sodastream International reported earnings per share of $0.29 in the same quarter last year, which suggests a positive year-over-year growth rate of 31%. The firm is expected to announce its next earnings report on Tuesday, May 9th.

According to Zacks, analysts expect that Sodastream International will report full year earnings of $2.42 per share for the current fiscal year, with EPS estimates ranging from $2.40 to $2.43. For the next year, analysts anticipate that the business will post earnings of $2.60 per share, with EPS estimates ranging from $2.58 to $2.62. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that cover Sodastream International.

Sodastream International (NASDAQ:SODA) last released its quarterly earnings data on Wednesday, February 15th. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.30 by $0.41. The company had revenue of $131.80 million for the quarter, compared to the consensus estimate of $124.75 million. Sodastream International had a return on equity of 9.60% and a net margin of 6.92%. Sodastream International’s quarterly revenue was up 16.7% on a year-over-year basis. During the same period last year, the business posted $0.24 EPS.

Separately, Zacks Investment Research raised Sodastream International from a “sell” rating to a “hold” rating in a research report on Wednesday, January 18th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Sodastream International has a consensus rating of “Hold” and an average price target of $38.00.

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A number of institutional investors have recently bought and sold shares of SODA. Allianz Asset Management AG acquired a new position in Sodastream International during the fourth quarter valued at approximately $242,000. Cavalier Investments LLC acquired a new position in Sodastream International during the fourth quarter valued at approximately $261,000. Origin Asset Management LLP acquired a new position in Sodastream International during the fourth quarter valued at approximately $304,000. Bayesian Capital Management LP acquired a new position in Sodastream International during the fourth quarter valued at approximately $339,000. Finally, Acrospire Investment Management LLC raised its position in Sodastream International by 15.4% in the third quarter. Acrospire Investment Management LLC now owns 9,721 shares of the company’s stock valued at $258,000 after buying an additional 1,300 shares during the period. 41.54% of the stock is currently owned by hedge funds and other institutional investors.

Sodastream International (NASDAQ:SODA) traded up 1.82% on Monday, reaching $54.39. The company’s stock had a trading volume of 566,649 shares. Sodastream International has a 52 week low of $13.63 and a 52 week high of $54.60. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 26.28 and a beta of 1.27. The company has a 50 day moving average of $49.05 and a 200 day moving average of $39.83.

Sodastream International Company Profile

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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