SodaStream International Ltd. (NASDAQ:SODA) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Thursday.

Other analysts also recently issued reports about the company. BidaskClub downgraded SodaStream International from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. Zacks Investment Research upgraded SodaStream International from a “hold” rating to a “buy” rating and set a $61.00 price target for the company in a research note on Saturday, May 13th. Jefferies Group LLC set a $55.00 price target on SodaStream International and gave the stock a “hold” rating in a research note on Saturday, July 29th. Susquehanna Bancshares Inc reiterated a “neutral” rating and issued a $54.00 price target (down from $60.00) on shares of SodaStream International in a research note on Friday, May 12th. Finally, UBS AG upgraded SodaStream International from a “neutral” rating to a “positive” rating in a research note on Thursday. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $58.50.

Shares of SodaStream International (SODA) opened at 62.29 on Thursday. The stock has a market capitalization of $1.34 billion, a P/E ratio of 25.56 and a beta of 1.20. SodaStream International has a one year low of $23.77 and a one year high of $63.25. The firm’s 50-day moving average price is $54.34 and its 200-day moving average price is $50.81.

SodaStream International (NASDAQ:SODA) last announced its earnings results on Wednesday, August 2nd. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.13. The company had revenue of $130.60 million during the quarter, compared to the consensus estimate of $129.33 million. SodaStream International had a return on equity of 15.33% and a net margin of 11.89%. The company’s revenue was up 9.6% on a year-over-year basis. During the same period last year, the firm earned $0.37 earnings per share. Equities research analysts anticipate that SodaStream International will post $2.58 EPS for the current fiscal year.

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Institutional investors have recently modified their holdings of the company. Bank of America Corp DE boosted its position in shares of SodaStream International by 105.6% in the first quarter. Bank of America Corp DE now owns 2,921 shares of the company’s stock worth $142,000 after buying an additional 55,479 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of SodaStream International during the first quarter worth about $151,000. Caxton Associates LP acquired a new position in shares of SodaStream International during the first quarter worth about $243,000. Private Advisory Group LLC acquired a new position in shares of SodaStream International during the first quarter worth about $246,000. Finally, Segall Bryant & Hamill LLC acquired a new position in shares of SodaStream International during the first quarter worth about $262,000. 45.52% of the stock is currently owned by hedge funds and other institutional investors.

SodaStream International Company Profile

SodaStream International Ltd. 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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