SodaStream International Ltd. (SODA) Hits New 1-Year High at $24.09
SodaStream International Ltd. (NASDAQ:SODA)’s share price hit a new 52-week high on Thursday . The company traded as high as $24.09 and last traded at $23.67, with a volume of 175,609 shares changing hands. The stock had previously closed at $23.56.
A number of brokerages have recently weighed in on SODA. Zacks Investment Research upgraded SodaStream International from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a report on Wednesday, May 4th. Jefferies Group upped their target price on SodaStream International from $15.00 to $17.00 and gave the company a “hold” rating in a report on Thursday, May 12th. Roth Capital reiterated a “buy” rating on shares of SodaStream International in a report on Thursday, May 12th. Finally, Susquehanna reissued a “neutral” rating on shares of SodaStream International in a research note on Tuesday, June 21st. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $18.86.
The company has a market capitalization of $498.38 million and a PE ratio of 41.37. The stock has a 50 day moving average price of $21.42 and a 200 day moving average price of $16.33.
SodaStream International (NASDAQ:SODA) last issued its earnings results on Tuesday, May 10th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.18. The company had revenue of $100.90 million for the quarter, compared to the consensus estimate of $89.42 million. During the same quarter last year, the business posted $0.40 EPS. SodaStream International’s quarterly revenue was up 11.7% on a year-over-year basis. Equities analysts forecast that SodaStream International Ltd. will post $0.92 EPS for the current fiscal year.
SodaStream International Ltd. (SodaStream) 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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