SodaStream International Ltd. (NASDAQ:SODA) shares reached a new 52-week high on Wednesday . The stock traded as high as $24.57 and last traded at $24.28, with a volume of 374,670 shares trading hands. The stock had previously closed at $23.79.

SODA has been the topic of several research reports. Zacks Investment Research upgraded shares of SodaStream International from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a research note on Wednesday, June 29th. Roth Capital restated a “buy” rating on shares of SodaStream International in a research note on Thursday, May 12th. Jefferies Group restated a “hold” rating and set a $23.00 price target (up previously from $21.00) on shares of SodaStream International in a research note on Friday, July 15th. Finally, Susquehanna restated a “hold” rating and set a $20.00 price target on shares of SodaStream International in a research note on Sunday, July 3rd. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $19.71.

The stock has a market capitalization of $509.14 million and a price-to-earnings ratio of 42.26. The stock has a 50 day moving average of $21.86 and a 200-day moving average of $16.52.

SodaStream International (NASDAQ:SODA) last posted its quarterly earnings data on Tuesday, May 10th. The company reported $0.29 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $0.18. The firm had revenue of $100.90 million for the quarter, compared to the consensus estimate of $89.42 million. During the same period in the prior year, the company earned $0.40 EPS. The company’s revenue for the quarter was up 11.7% compared to the same quarter last year. On average, analysts anticipate that SodaStream International Ltd. will post $0.92 earnings per share 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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