Shares of Sodastream International Ltd (NASDAQ:SODA) have been given an average recommendation of “Hold” by the six research firms that are presently covering the stock. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $33.75.
Separately, Zacks Investment Research lowered shares of Sodastream International from a “strong-buy” rating to a “hold” rating in a report on Wednesday.
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Sodastream International (NASDAQ:SODA) last posted its quarterly earnings results on Wednesday, February 15th. The company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.41. The company earned $131.80 million during the quarter, compared to analyst estimates of $124.75 million. Sodastream International had a net margin of 6.92% and a return on equity of 9.60%. Sodastream International’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same period last year, the firm posted $0.24 EPS. Equities research analysts expect that Sodastream International will post $2.14 earnings per share for the current fiscal year.
Several hedge funds have recently added to or reduced their stakes in SODA. Allianz Asset Management AG acquired a new position in shares of Sodastream International during the fourth quarter worth about $242,000. Baldwin Brothers Inc. MA acquired a new position in shares of Sodastream International during the third quarter worth about $166,000. Cavalier Investments LLC acquired a new position in shares of Sodastream International during the fourth quarter worth about $261,000. Origin Asset Management LLP purchased a new stake in Sodastream International during the fourth quarter valued at $304,000. Finally, Bayesian Capital Management LP purchased a new stake in Sodastream International during the fourth quarter valued at $339,000. Hedge funds and other institutional investors own 41.54% 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).
