Wall Street analysts predict that Sodastream International Ltd (NASDAQ:SODA) will post $152.08 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Sodastream International’s earnings. The highest sales estimate is $154.15 million and the lowest is $150.00 million. Sodastream International reported sales of $131.80 million in the same quarter last year, which would indicate a positive year over year growth rate of 15.4%. The company is scheduled to report its next quarterly earnings results before the market opens on Wednesday, February 14th.

On average, analysts expect that Sodastream International will report full year sales of $152.08 million for the current financial year, with estimates ranging from $536.00 million to $539.87 million. For the next fiscal year, analysts anticipate that the firm will report sales of $580.83 million per share, with estimates ranging from $574.66 million to $587.00 million. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that follow Sodastream International.

Sodastream International (NASDAQ:SODA) last issued its earnings results on Wednesday, November 1st. The company reported $0.87 EPS for the quarter, topping the Thomson Reuters’ 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 return on equity of 15.17% and a net margin of 12.47%. The business’s quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.69 earnings per share.

SODA has been the subject of several research analyst reports. Susquehanna Bancshares set a $92.00 target price on Sodastream International and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Jefferies Group set a $60.00 price objective on Sodastream International and gave the company a “hold” rating in a research note on Monday, October 30th. Zacks Investment Research raised Sodastream International from a “hold” rating to a “buy” rating and set a $74.00 price objective for the company in a research note on Tuesday, November 7th. BidaskClub raised Sodastream International from a “hold” rating to a “buy” rating in a research note on Wednesday, December 27th. Finally, ValuEngine downgraded Sodastream International from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $75.33.

Several institutional investors have recently added to or reduced their stakes in SODA. Lord Abbett & CO. LLC increased its stake in shares of 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 during the period. Mckinley Capital Management LLC Delaware bought a new stake in Sodastream International in the third quarter valued at approximately $14,773,000. Arrowstreet Capital Limited Partnership boosted 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 acquiring an additional 125,812 shares during the last quarter. Victory Capital Management Inc. bought a new stake in Sodastream International in the fourth quarter valued at approximately $7,273,000. Finally, Dorsey Wright & Associates bought a new stake in Sodastream International in the third quarter valued at approximately $4,971,000. 51.57% of the stock is owned by institutional investors.

Sodastream International (NASDAQ SODA) opened at $74.37 on Friday. The company has a market capitalization of $1,628.41, a PE ratio of 25.82 and a beta of 1.25. Sodastream International has a 52 week low of $43.90 and a 52 week high of $80.75.

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

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