SodaStream International Ltd. (NASDAQ:SODA)‘s stock had its “hold” rating reiterated by stock analysts at Jefferies Group LLC in a research report issued to clients and investors on Thursday. They presently have a $55.00 price target on the stock. Jefferies Group LLC’s price objective indicates a potential downside of 8.68% from the company’s current price.

SODA has been the subject of a number of other research reports. Susquehanna Bancshares Inc reissued a “positive” rating and issued a $79.00 price objective (up previously from $58.00) on shares of SodaStream International in a research note on Tuesday, August 1st. BidaskClub cut SodaStream International from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. UBS AG raised SodaStream International from a “neutral” rating to a “positive” rating in a research note on Thursday, August 3rd. Zacks Investment Research cut SodaStream International from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Finally, ValuEngine cut SodaStream International from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. SodaStream International currently has a consensus rating of “Buy” and a consensus price target of $60.75.

SodaStream International (SODA) traded down 1.05% during midday trading on Thursday, reaching $60.23. The company’s stock had a trading volume of 124,410 shares. The firm has a market cap of $1.31 billion, a P/E ratio of 22.32 and a beta of 1.20. The firm has a 50 day moving average of $57.38 and a 200 day moving average of $52.72. SodaStream International has a 52-week low of $23.77 and a 52-week high of $63.25.

SodaStream International (NASDAQ:SODA) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.64 EPS for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.13. SodaStream International had a return on equity of 14.86% and a net margin of 11.89%. The firm had revenue of $130.60 million during the quarter, compared to analysts’ expectations of $129.33 million. During the same quarter last year, the firm posted $0.37 earnings per share. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. Analysts anticipate that SodaStream International will post $2.74 earnings per share for the current fiscal year.

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Several hedge funds and other institutional investors have recently made changes to their positions in SODA. FMR LLC boosted its position in shares of SodaStream International by 216.7% in the first quarter. FMR LLC now owns 2,136,784 shares of the company’s stock valued at $103,485,000 after buying an additional 1,462,018 shares during the last quarter. Menora Mivtachim Holdings LTD. boosted its position in shares of SodaStream International by 168.6% in the second quarter. Menora Mivtachim Holdings LTD. now owns 837,556 shares of the company’s stock valued at $44,826,000 after buying an additional 525,720 shares during the last quarter. Lord Abbett & CO. LLC boosted its position 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 last quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management bought a new position in shares of SodaStream International during the second quarter valued at about $10,292,000. Finally, Acadian Asset Management LLC boosted its position in shares of SodaStream International by 17.4% in the second quarter. Acadian Asset Management LLC now owns 871,395 shares of the company’s stock valued at $46,639,000 after buying an additional 129,117 shares during the last quarter. 47.76% of the stock is currently owned by institutional investors.

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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