SodaStream International Ltd. (NASDAQ:SODA) – Equities research analysts at Jefferies Group raised their Q3 2017 EPS estimates for SodaStream International in a report issued on Tuesday. Jefferies Group analyst A. Jagdale now expects that the company will earn $0.75 per share for the quarter, up from their prior forecast of $0.74. Jefferies Group has a “Hold” rating and a $55.00 price target on the stock. Jefferies Group also issued estimates for SodaStream International’s Q4 2017 earnings at $0.72 EPS, Q3 2018 earnings at $0.82 EPS and Q4 2018 earnings at $0.78 EPS.

Other equities research analysts have also recently issued reports about the stock. Susquehanna Bancshares Inc reissued a “positive” rating and issued a $79.00 target price (up from $58.00) on shares of SodaStream International in a research report on Tuesday, August 1st. Zacks Investment Research raised shares of SodaStream International from a “hold” rating to a “buy” rating and set a $70.00 target price on the stock in a research report on Tuesday. ValuEngine cut shares of SodaStream International from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. BidaskClub cut shares of SodaStream International from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Finally, UBS AG raised shares of SodaStream International from a “neutral” rating to a “positive” rating in a research report on Thursday, August 3rd. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. SodaStream International has an average rating of “Buy” and a consensus target price of $60.75.

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Shares of SodaStream International (NASDAQ:SODA) opened at 57.85 on Friday. The stock has a market capitalization of $1.26 billion, a P/E ratio of 21.44 and a beta of 1.20. The stock has a 50 day moving average of $55.62 and a 200-day moving average of $51.53. SodaStream International has a 1-year low of $23.77 and a 1-year high of $63.25.

SodaStream International (NASDAQ:SODA) last issued its earnings results on Wednesday, August 2nd. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.13. SodaStream International had a net margin of 11.89% and a return on equity of 14.86%. The company had revenue of $130.60 million for the quarter, compared to the consensus estimate of $129.33 million. During the same period in the previous year, the firm earned $0.37 earnings per share. SodaStream International’s quarterly revenue was up 9.6% compared to the same quarter last year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Steinberg Global Asset Management raised its position in SodaStream International by 1.0% in the second quarter. Steinberg Global Asset Management now owns 7,577 shares of the company’s stock valued at $406,000 after buying an additional 72 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in SodaStream International by 5.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,298 shares of the company’s stock valued at $177,000 after buying an additional 185 shares during the last quarter. Renaissance Group LLC raised its position in SodaStream International by 7.9% in the second quarter. Renaissance Group LLC now owns 9,277 shares of the company’s stock valued at $497,000 after buying an additional 678 shares during the last quarter. Eqis Capital Management Inc. raised its position in SodaStream International by 5.6% in the second quarter. Eqis Capital Management Inc. now owns 15,659 shares of the company’s stock valued at $838,000 after buying an additional 827 shares during the last quarter. Finally, NorthCoast Asset Management LLC raised its position in SodaStream International by 5.1% in the second quarter. NorthCoast Asset Management LLC now owns 28,539 shares of the company’s stock valued at $1,527,000 after buying an additional 1,372 shares during the last quarter. Hedge funds and other institutional investors own 48.50% of the company’s stock.

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).

Earnings History and Estimates for SodaStream International (NASDAQ:SODA)

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