Sodastream International (SODA) Upgraded by BidaskClub to “Strong-Buy”

BidaskClub upgraded shares of Sodastream International (NASDAQ:SODA) from a buy rating to a strong-buy rating in a research note published on Saturday.

A number of other equities research analysts also recently commented on the stock. Zacks Investment Research downgraded shares of Sodastream International from a buy rating to a hold rating in a research report on Friday, January 5th. Susquehanna Bancshares set a $92.00 price objective on shares of Sodastream International and gave the company a buy rating in a research report on Wednesday, December 13th. ValuEngine downgraded shares of Sodastream International from a buy rating to a hold rating in a research report on Friday, December 1st. Finally, Jefferies Group set a $60.00 target price on shares of Sodastream International and gave the company a hold rating in a report on Monday, October 30th. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Sodastream International presently has an average rating of Buy and a consensus target price of $75.33.

Shares of Sodastream International (SODA) opened at $76.25 on Friday. The company has a market cap of $1,734.38, a PE ratio of 26.48 and a beta of 1.25. Sodastream International has a 12-month low of $43.90 and a 12-month high of $80.75.

Sodastream International (NASDAQ:SODA) last announced its quarterly earnings data on Wednesday, November 1st. The company reported $0.87 EPS for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.13. The firm had revenue of $139.80 million during the quarter, compared to the consensus estimate of $135.43 million. Sodastream International had a net margin of 12.47% and a return on equity of 15.17%. The firm’s revenue was up 12.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.69 earnings per share. research analysts forecast that Sodastream International will post 2.96 earnings per share for the current fiscal year.

A number of institutional investors have recently modified their holdings of the business. FMR LLC increased its holdings in Sodastream International by 1.8% in the second quarter. FMR LLC now owns 2,176,283 shares of the company’s stock valued at $116,474,000 after buying an additional 39,499 shares in the last quarter. Granahan Investment Management Inc. MA increased its holdings in Sodastream International by 9.3% in the third quarter. Granahan Investment Management Inc. MA now owns 417,155 shares of the company’s stock valued at $27,720,000 after buying an additional 35,621 shares in the last quarter. Lord Abbett & CO. LLC increased its holdings in Sodastream International by 589.3% in the second quarter. Lord Abbett & CO. LLC now owns 397,956 shares of the company’s stock valued at $21,298,000 after buying an additional 340,223 shares in the last quarter. Mckinley Capital Management LLC Delaware purchased a new position in Sodastream International in the third quarter valued at about $14,773,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Sodastream International by 279.1% in the second quarter. Arrowstreet Capital Limited Partnership now owns 170,889 shares of the company’s stock valued at $9,146,000 after buying an additional 125,812 shares in the last quarter. 51.57% of the stock is owned by institutional investors.

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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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