SodaStream International Ltd. (NASDAQ:SODA)‘s stock had its “hold” rating reiterated by equities researchers at Susquehanna in a report issued on Tuesday. They presently have a $28.00 target price on the stock. Susquehanna’s target price indicates a potential downside of 23.98% from the stock’s previous close.
Several other equities research analysts have also recently commented on the stock. Jefferies Group dropped their price target on shares of SodaStream International from $31.00 to $26.00 and set a “hold” rating on the stock in a research report on Wednesday, October 12th. Zacks Investment Research upgraded shares of SodaStream International from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a research report on Friday, October 14th. Finally, Roth Capital cut shares of SodaStream International from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $22.00 to $33.00 in a research report on Wednesday, August 3rd. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $30.80.
SodaStream International (NASDAQ:SODA) traded down 0.05% during midday trading on Tuesday, hitting $36.83. 218,425 shares of the company traded hands. The company has a market cap of $780.69 million, a PE ratio of 24.85 and a beta of 1.16. The stock has a 50 day moving average price of $28.38 and a 200-day moving average price of $25.28. SodaStream International has a 12-month low of $11.66 and a 12-month high of $37.08.
SodaStream International (NASDAQ:SODA) last issued its quarterly earnings results on Thursday, November 10th. The company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.24 by $0.45. SodaStream International had a net margin of 6.92% and a return on equity of 9.60%. The firm had revenue of $124.20 million for the quarter, compared to analysts’ expectations of $115.05 million. During the same period in the previous year, the business earned $0.22 earnings per share. SodaStream International’s revenue for the quarter was up 12.9% compared to the same quarter last year. Analysts expect that SodaStream International will post $1.67 EPS for the current year.
A number of institutional investors have recently added to or reduced their stakes in the stock. California Public Employees Retirement System boosted its position in SodaStream International by 11.3% in the second quarter. California Public Employees Retirement System now owns 41,400 shares of the company’s stock valued at $883,000 after buying an additional 4,200 shares during the period. Nantahala Capital Management LLC boosted 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 period. Acadian Asset Management LLC acquired a new position in SodaStream International during the second quarter valued at $3,797,000. Acrospire Investment Management LLC acquired a new position in SodaStream International during the second quarter valued at $180,000. Finally, Emerald Acquisition Ltd. acquired a new position in SodaStream International during the second quarter valued at $4,964,000. 41.76% of the stock is currently owned by institutional investors.
About SodaStream International