SodaStream International Ltd. (SODA) Reaches New 1-Year High at $24.57
Shares of SodaStream International Ltd. (NASDAQ:SODA) hit a new 52-week high during trading on Wednesday . The company traded as high as $24.57 and last traded at $24.28, with a volume of 374,670 shares changing hands. The stock had previously closed at $23.79.
A number of brokerages have recently commented on SODA. Zacks Investment Research upgraded SodaStream International from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a report on Wednesday, May 4th. Susquehanna restated a “neutral” rating on shares of SodaStream International in a report on Tuesday, June 21st. Finally, Jefferies Group boosted their price target on SodaStream International from $15.00 to $17.00 and gave the company a “hold” rating in a report on Thursday, May 12th. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $19.71.
The firm’s 50 day moving average price is $22.05 and its 200-day moving average price is $16.62. The company has a market capitalization of $504.50 million and a price-to-earnings ratio of 41.87.
SodaStream International (NASDAQ:SODA) last released its quarterly earnings data on Tuesday, May 10th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.18. During the same quarter in the prior year, the firm posted $0.40 earnings per share. The business earned $100.90 million during the quarter, compared to analysts’ expectations of $89.42 million. The firm’s quarterly revenue was up 11.7% on a year-over-year basis. Analysts anticipate 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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