SodaStream International Ltd. (NASDAQ:SODA) – Equities researchers at Jefferies Group increased their FY2017 EPS estimates for SodaStream International in a report issued on Tuesday. Jefferies Group analyst A. Jagdale now expects that the company will post earnings of $2.77 per share for the year, up from their prior estimate of $2.61. Jefferies Group currently has a “Hold” rating and a $55.00 price objective on the stock. Jefferies Group also issued estimates for SodaStream International’s Q1 2018 earnings at $0.65 EPS, Q2 2018 earnings at $0.68 EPS, FY2018 earnings at $2.92 EPS, Q1 2019 earnings at $0.70 EPS, Q2 2019 earnings at $0.73 EPS and FY2019 earnings at $3.14 EPS.

SodaStream International (NASDAQ:SODA) last released its earnings results on Wednesday, August 2nd. The company reported $0.64 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.13. SodaStream International had a net margin of 11.89% and a return on equity of 14.86%. The business had revenue of $130.60 million during the quarter, compared to analyst estimates of $129.33 million. During the same quarter in the prior year, the firm earned $0.37 earnings per share. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year.

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Several other research analysts also recently issued reports on SODA. Zacks Investment Research downgraded SodaStream International from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 19th. Susquehanna Bancshares Inc reaffirmed a “neutral” rating and set a $60.00 price target (up previously from $58.00) on shares of SodaStream International in a research note on Tuesday, April 25th. ValuEngine raised SodaStream International from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. BidaskClub downgraded SodaStream International from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. Finally, UBS AG raised SodaStream International from a “neutral” rating to a “positive” rating in a research note on Thursday, August 3rd. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. SodaStream International has a consensus rating of “Buy” and an average price target of $60.75.

Shares of SodaStream International (SODA) opened at 61.20 on Thursday. The stock’s 50 day moving average is $55.46 and its 200-day moving average is $51.49. SodaStream International has a 12-month low of $23.77 and a 12-month high of $63.25. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 22.68 and a beta of 1.20.

A number of hedge funds have recently bought and sold shares of SODA. Steinberg Global Asset Management boosted its stake in SodaStream International by 1.0% in the second quarter. Steinberg Global Asset Management now owns 7,577 shares of the company’s stock worth $406,000 after buying an additional 72 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in SodaStream International by 5.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,298 shares of the company’s stock worth $177,000 after buying an additional 185 shares in the last quarter. Renaissance Group LLC boosted its stake in SodaStream International by 7.9% in the second quarter. Renaissance Group LLC now owns 9,277 shares of the company’s stock worth $497,000 after buying an additional 678 shares in the last quarter. Eqis Capital Management Inc. boosted its stake in SodaStream International by 5.6% in the second quarter. Eqis Capital Management Inc. now owns 15,659 shares of the company’s stock worth $838,000 after buying an additional 827 shares in the last quarter. Finally, 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 worth $1,718,000 after buying an additional 1,531 shares in the last quarter. Hedge funds and other institutional investors own 48.50% 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).

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

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