UBS AG upgraded shares of SodaStream International Ltd. (NASDAQ:SODA) from a neutral rating to a positive rating in a report issued on Thursday, August 3rd, The Fly reports.
Several other analysts have also recently issued reports on SODA. Zacks Investment Research cut shares of SodaStream International from a strong-buy rating to a hold rating in a research note on Wednesday, April 19th. Susquehanna Bancshares Inc reiterated a neutral rating and issued a $60.00 target price (up from $58.00) on shares of SodaStream International in a report on Tuesday, April 25th. Jefferies Group LLC reiterated a hold rating and issued a $50.00 target price on shares of SodaStream International in a report on Wednesday, April 26th. ValuEngine upgraded shares of SodaStream International from a hold rating to a buy rating in a report on Friday, June 2nd. Finally, BidaskClub lowered shares of SodaStream International from a strong-buy rating to a buy rating in a report on Tuesday, July 25th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of $60.75.
Shares of SodaStream International (NASDAQ:SODA) opened at 58.88 on Thursday. The stock has a market capitalization of $1.28 billion, a P/E ratio of 21.82 and a beta of 1.20. The company’s 50 day moving average price is $55.81 and its 200-day moving average price is $51.66. SodaStream International has a 12 month low of $23.77 and a 12 month high of $63.25.
SodaStream International (NASDAQ:SODA) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.13. SodaStream International had a net margin of 11.89% and a return on equity of 14.86%. The company had revenue of $130.60 million during the quarter, compared to analysts’ expectations of $129.33 million. During the same quarter in the prior year, the company earned $0.37 EPS. SodaStream International’s revenue was up 9.6% compared to the same quarter last year. Equities analysts predict that SodaStream International will post $2.77 earnings per share for the current year.
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Several institutional investors have recently modified their holdings of the company. Bank of America Corp DE raised its stake in SodaStream International by 105.6% in the first quarter. Bank of America Corp DE now owns 2,921 shares of the company’s stock worth $142,000 after buying an additional 55,479 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in SodaStream International during the first quarter worth about $151,000. Caxton Associates LP acquired a new stake in SodaStream International during the first quarter worth about $243,000. Private Advisory Group LLC acquired a new stake in SodaStream International during the first quarter worth about $246,000. Finally, Segall Bryant & Hamill LLC acquired a new stake in SodaStream International during the first quarter worth about $262,000. Hedge funds and other institutional investors own 48.50% of the company’s stock.
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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