Wall Street brokerages expect SodaStream International Ltd. (NASDAQ:SODA) to report $0.78 earnings per share (EPS) for the current quarter, according to Zacks. Two analysts have issued estimates for SodaStream International’s earnings, with the lowest EPS estimate coming in at $0.73 and the highest estimate coming in at $0.83. SodaStream International reported earnings of $0.71 per share during the same quarter last year, which indicates a positive year over year growth rate of 9.9%. The firm is expected to report its next earnings results on Wednesday, February 21st.
On average, analysts expect that SodaStream International will report full year earnings of $2.96 per share for the current fiscal year, with EPS estimates ranging from $2.91 to $3.00. For the next year, analysts expect that the firm will post earnings of $3.24 per share, with EPS estimates ranging from $3.13 to $3.35. Zacks’ EPS calculations are an average based on a survey of research analysts that that provide coverage for SodaStream International.
SodaStream International (NASDAQ:SODA) last announced its quarterly earnings results on Wednesday, November 1st. The company reported $0.87 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.13. SodaStream International had a return on equity of 15.17% and a net margin of 12.47%. The company had revenue of $139.80 million during the quarter, compared to the consensus estimate of $135.43 million. During the same period in the previous year, the company posted $0.69 earnings per share. SodaStream International’s revenue for the quarter was up 12.6% on a year-over-year basis.
A number of research analysts have issued reports on the company. BidaskClub downgraded SodaStream International from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. Susquehanna Bancshares Inc reissued a “buy” rating and issued a $90.00 price target on shares of SodaStream International in a report on Monday, October 2nd. Zacks Investment Research raised SodaStream International from a “hold” rating to a “buy” rating and set a $74.00 price target for the company in a report on Tuesday, November 7th. ValuEngine downgraded SodaStream International from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Finally, UBS AG raised SodaStream International from a “neutral” rating to a “positive” rating in a report on Thursday, August 3rd. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. SodaStream International presently has a consensus rating of “Buy” and a consensus target price of $75.33.
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SodaStream International (SODA) opened at $63.40 on Tuesday. SodaStream International has a twelve month low of $32.60 and a twelve month high of $69.00. The stock has a market capitalization of $1,370.03, a P/E ratio of 21.73 and a beta of 1.15.
Institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its position in shares of SodaStream International by 318.8% in the third quarter. Envestnet Asset Management Inc. now owns 1,625 shares of the company’s stock valued at $109,000 after buying an additional 1,237 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of SodaStream International in the third quarter valued at approximately $128,000. Tower Research Capital LLC TRC increased its position in shares of SodaStream International by 253.0% in the second quarter. Tower Research Capital LLC TRC now owns 2,764 shares of the company’s stock valued at $148,000 after buying an additional 1,981 shares in the last quarter. Commonwealth Equity Services Inc purchased a new stake in shares of SodaStream International in the third quarter valued at approximately $206,000. Finally, Advisor Group Inc. increased its position in shares of SodaStream International by 1,021.8% in the third quarter. Advisor Group Inc. now owns 3,141 shares of the company’s stock valued at $208,000 after buying an additional 2,861 shares in the last quarter. Institutional investors and hedge funds own 47.70% of the company’s stock.
About SodaStream International
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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