SodaStream International Ltd. (NASDAQ:SODA) had its price objective lowered by Jefferies Group from $31.00 to $26.00 in a research note issued on Wednesday. The firm presently has a “hold” rating on the stock. Jefferies Group’s price target points to a potential upside of 3.83% from the company’s previous close.
Several other equities analysts have also recently commented on the company. Susquehanna restated a “hold” rating and set a $20.00 target price on shares of SodaStream International in a research report on Sunday, July 3rd. Zacks Investment Research upgraded SodaStream International from a “hold” rating to a “strong-buy” rating and set a $32.00 target price for the company in a research report on Friday, August 5th. Finally, Roth Capital cut SodaStream International from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $22.00 to $33.00 in a research report on Wednesday, August 3rd. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $24.14.
SodaStream International (NASDAQ:SODA) opened at 25.04 on Wednesday. SodaStream International has a 52-week low of $11.66 and a 52-week high of $30.70. The company has a market capitalization of $529.25 million, a P/E ratio of 27.82 and a beta of 1.03. The firm has a 50-day moving average price of $26.79 and a 200 day moving average price of $22.08.
SodaStream International (NASDAQ:SODA) last posted its earnings results on Tuesday, August 2nd. The company reported $0.37 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.16. SodaStream International had a return on equity of 6.91% and a net margin of 4.28%. The business earned $119.20 million during the quarter, compared to analysts’ expectations of $105.72 million. During the same period in the previous year, the business earned $0.17 earnings per share. The firm’s revenue was up 19.4% on a year-over-year basis. On average, analysts predict that SodaStream International will post $1.14 earnings per share for the current fiscal year.
Large investors have recently added to or reduced their stakes in the stock. BlackRock Institutional Trust Company N.A. raised its stake in SodaStream International by 178.0% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 4,971 shares of the company’s stock worth $106,000 after buying an additional 3,183 shares during the period. JPMorgan Chase & Co. bought a new stake in SodaStream International during the second quarter worth $175,000. Acrospire Investment Management LLC bought a new stake in SodaStream International during the second quarter worth $180,000. C M Bidwell & Associates Ltd. bought a new stake in SodaStream International during the second quarter worth $187,000. Finally, Trexquant Investment LP bought a new stake in SodaStream International during the second quarter worth $200,000. 38.94% of the stock is owned by institutional investors.
SodaStream International Company Profile