SodaStream International Ltd. (NASDAQ:SODA)’s share price rose 2.7% during mid-day trading on Tuesday . The stock traded as high as $30.57 and last traded at $30.57, with a volume of 246,896 shares changing hands. The stock had previously closed at $29.77.

SODA has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of SodaStream International from a “hold” rating to a “sell” rating in a report on Wednesday, April 20th. Susquehanna reissued a “neutral” rating on shares of SodaStream International in a research note on Tuesday, June 21st. Jefferies Group increased their price objective on SodaStream International from $15.00 to $17.00 and gave the company a “hold” rating in a research note on Thursday, May 12th. Finally, Roth Capital downgraded SodaStream International from a “buy” rating to a “neutral” rating and increased their price objective for the company from $22.00 to $33.00 in a research note on Wednesday, August 3rd. Six investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $24.00.

The firm has a 50-day moving average price of $24.53 and a 200-day moving average price of $18.28. The firm has a market capitalization of $645.60 million and a price-to-earnings ratio of 33.939.

SodaStream International (NASDAQ:SODA) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported $0.37 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.16. The business earned $119.20 million during the quarter, compared to analysts’ expectations of $105.72 million. The firm’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.17 earnings per share. On average, equities analysts predict that SodaStream International Ltd. will post $1.14 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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