Analysts predict that SodaStream International Ltd. (NASDAQ:SODA) will announce earnings per share (EPS) of $0.74 for the current quarter, according to Zacks. Two analysts have made estimates for SodaStream International’s earnings, with estimates ranging from $0.72 to $0.75. SodaStream International posted earnings per share of $0.69 in the same quarter last year, which would indicate a positive year-over-year growth rate of 7.2%. The firm is scheduled to announce its next quarterly earnings report on Thursday, November 9th.
According to Zacks, analysts expect that SodaStream International will report full year earnings of $2.77 per share for the current year, with EPS estimates ranging from $2.76 to $2.77. For the next fiscal year, analysts anticipate that the firm will post earnings of $2.92 per share, with EPS estimates ranging from $2.91 to $2.92. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that follow SodaStream International.
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. SodaStream International had a return on equity of 14.86% and a net margin of 11.89%. The company had revenue of $130.60 million for the quarter, compared to the consensus estimate of $129.33 million. During the same period last year, the business posted $0.37 EPS. The company’s revenue was up 9.6% on a year-over-year basis.
A number of analysts have recently weighed in on the company. Jefferies Group LLC reiterated a “hold” rating and set a $55.00 price target on shares of SodaStream International in a research report on Thursday. Susquehanna Bancshares Inc restated 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 upgraded 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, August 8th. ValuEngine cut SodaStream International from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Finally, BidaskClub cut SodaStream International from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. SodaStream International currently has an average rating of “Buy” and a consensus target price of $60.75.
Shares of SodaStream International (NASDAQ SODA) traded down 0.008% on Tuesday, hitting $60.225. The company’s stock had a trading volume of 23,403 shares. The company has a 50 day moving average of $58.36 and a 200 day moving average of $53.16. The firm has a market cap of $1.31 billion, a PE ratio of 22.322 and a beta of 1.20. SodaStream International has a 1-year low of $23.77 and a 1-year high of $63.25.
Hedge funds have recently bought and sold shares of the stock. Quantbot Technologies LP acquired a new stake in SodaStream International during the first quarter valued at approximately $264,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in SodaStream International by 1,620.6% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 19,787 shares of the company’s stock valued at $958,000 after buying an additional 18,637 shares in the last quarter. Wealthsource Partners LLC acquired a new stake in SodaStream International during the first quarter valued at approximately $295,000. Oxford Asset Management boosted its stake in SodaStream International by 4.5% in the first quarter. Oxford Asset Management now owns 35,467 shares of the company’s stock valued at $1,718,000 after buying an additional 1,531 shares in the last quarter. Finally, Contrarius Investment Management Ltd acquired a new stake in SodaStream International during the first quarter valued at approximately $4,155,000. Hedge funds and other institutional investors own 47.76% 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).
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