Shares of SodaStream International Ltd. (NASDAQ:SODA) dropped 2% during trading on Thursday . The stock traded as low as $27.79 and last traded at $27.80, with a volume of 78,104 shares traded. The stock had previously closed at $28.37.

SODA has been the subject of several recent analyst reports. Susquehanna reaffirmed a “hold” rating and issued a $20.00 target price on shares of SodaStream International in a research report on Sunday, July 3rd. Zacks Investment Research raised SodaStream International from a “hold” rating to a “strong-buy” rating and set a $32.00 target price for the company in a research report on Friday, August 5th. Jefferies Group reaffirmed a “hold” rating and issued a $23.00 target price (up previously from $21.00) on shares of SodaStream International in a research report on Friday, July 15th. Finally, Roth Capital cut SodaStream International from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $22.00 to $33.00 in a research report on Wednesday, August 3rd. Six research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $24.00.

The company has a market cap of $592.02 million and a P/E ratio of 31.12. The firm’s 50-day moving average is $27.13 and its 200-day moving average is $19.73.

SodaStream International (NASDAQ:SODA) last issued its earnings results on Tuesday, August 2nd. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.21 by $0.16. During the same quarter in the previous year, the firm posted $0.17 EPS. The business had revenue of $119.20 million for the quarter, compared to the consensus estimate of $105.72 million. The business’s revenue was up 19.4% on a year-over-year basis. Equities research analysts anticipate that SodaStream International Ltd. will post $1.14 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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