SodaStream International Ltd. (SODA) Sees Large Volume Increase
SodaStream International Ltd. (NASDAQ:SODA) saw unusually-strong trading volume on Friday . Approximately 483,150 shares traded hands during trading, an increase of 15% from the previous session’s volume of 419,765 shares.The stock last traded at $23.76 and had previously closed at $23.63.
A number of equities analysts have issued reports on SODA shares. Roth Capital reaffirmed a “buy” rating on shares of SodaStream International in a report on Thursday, May 12th. Zacks Investment Research downgraded shares of SodaStream International from a “buy” rating to a “hold” rating in a report on Wednesday. Jefferies Group reaffirmed a “hold” rating and set a $23.00 price objective (up from $21.00) on shares of SodaStream International in a report on Friday. Finally, Susquehanna reaffirmed a “hold” rating and set a $20.00 price objective on shares of SodaStream International in a report on Sunday, July 3rd. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. SodaStream International has an average rating of “Hold” and an average price target of $19.71.
The company’s 50 day moving average is $21.69 and its 200-day moving average is $16.43. The firm has a market cap of $501.34 million and a price-to-earnings ratio of 41.61.
SodaStream International (NASDAQ:SODA) last posted its quarterly earnings data on Tuesday, May 10th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.18. The firm earned $100.90 million during the quarter, compared to the consensus estimate of $89.42 million. SodaStream International’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.40 EPS. On average, analysts anticipate that SodaStream International Ltd. will post $0.92 EPS for the current 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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