Shares of SodaStream International Ltd. (NASDAQ:SODA) have been assigned a consensus recommendation of “Buy” from the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $66.25.

Several equities analysts have recently commented on SODA shares. BidaskClub cut SodaStream International from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. Susquehanna Bancshares Inc reiterated a “buy” rating and set a $90.00 target price on shares of SodaStream International in a research note on Monday, October 2nd. ValuEngine upgraded SodaStream International from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Zacks Investment Research upgraded SodaStream International from a “hold” rating to a “buy” rating and set a $70.00 target price for the company in a research note on Tuesday, August 8th. Finally, Jefferies Group LLC set a $55.00 target price on SodaStream International and gave the company a “hold” rating in a research note on Saturday, July 29th.

SodaStream International (SODA) traded down $0.32 during trading on Friday, hitting $62.57. The stock had a trading volume of 97,076 shares, compared to its average volume of 240,698. The stock has a market cap of $5,480.00, a PE ratio of 21.81, a P/E/G ratio of 2.83 and a beta of 1.15. SodaStream International has a 12 month low of $30.37 and a 12 month high of $69.00.

SodaStream International (NASDAQ:SODA) last released its earnings results on Wednesday, November 1st. The company reported $0.87 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.13. The company had revenue of $139.80 million during the quarter, compared to analysts’ expectations of $135.43 million. SodaStream International had a return on equity of 15.17% and a net margin of 12.47%. The business’s revenue was up 12.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.69 EPS. equities analysts forecast that SodaStream International will post 2.96 earnings per share for the current fiscal year.

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A number of institutional investors and hedge funds have recently made changes to their positions in SODA. Menora Mivtachim Holdings LTD. lifted its stake in SodaStream International by 168.6% during the second quarter. Menora Mivtachim Holdings LTD. now owns 837,556 shares of the company’s stock worth $44,826,000 after purchasing an additional 525,720 shares during the last quarter. Lord Abbett & CO. LLC lifted its stake in SodaStream International by 589.3% during the second quarter. Lord Abbett & CO. LLC now owns 397,956 shares of the company’s stock worth $21,298,000 after purchasing an additional 340,223 shares during the last quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management bought a new position in SodaStream International during the second quarter worth $10,292,000. Acadian Asset Management LLC lifted its stake in SodaStream International by 17.4% during the second quarter. Acadian Asset Management LLC now owns 871,395 shares of the company’s stock worth $46,639,000 after purchasing an additional 129,117 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in SodaStream International by 279.1% during the second quarter. Arrowstreet Capital Limited Partnership now owns 170,889 shares of the company’s stock worth $9,146,000 after purchasing an additional 125,812 shares during the last quarter. Hedge funds and other institutional investors own 47.46% 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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