BidaskClub lowered shares of SodaStream International (NASDAQ:SODA) from a buy rating to a hold rating in a report published on Thursday morning.

Other equities analysts have also recently issued reports about the stock. Susquehanna Bancshares reaffirmed a buy rating and set a $90.00 price target on shares of SodaStream International in a research note on Monday, October 2nd. Jefferies Group reaffirmed a hold rating and set a $55.00 price target on shares of SodaStream International in a research note on Thursday, August 31st. ValuEngine raised shares of SodaStream International from a hold rating to a buy rating in a research note on Friday, September 1st. Finally, Zacks Investment Research cut shares of SodaStream International from a buy rating to a hold rating in a research note on Wednesday, October 11th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus price target of $75.33.

SodaStream International (NASDAQ SODA) traded down $0.68 during trading hours on Thursday, hitting $69.39. 105,500 shares of the stock were exchanged, compared to its average volume of 291,690. SodaStream International has a fifty-two week low of $37.91 and a fifty-two week high of $72.14. The firm has a market cap of $1,534.25, a PE ratio of 24.33 and a beta of 1.20.

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

A number of hedge funds and other institutional investors have recently modified their holdings of SODA. Lord Abbett & CO. LLC grew its stake in SodaStream International by 589.3% in the 2nd quarter. Lord Abbett & CO. LLC now owns 397,956 shares of the company’s stock valued at $21,298,000 after acquiring an additional 340,223 shares during the last quarter. Mckinley Capital Management LLC Delaware acquired a new stake in SodaStream International in the 3rd quarter valued at about $14,773,000. Arrowstreet Capital Limited Partnership grew its stake in SodaStream International by 279.1% in the 2nd 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. Renaissance Technologies LLC grew its stake in SodaStream International by 16.1% in the 2nd quarter. Renaissance Technologies LLC now owns 818,500 shares of the company’s stock valued at $43,806,000 after acquiring an additional 113,500 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in SodaStream International by 196.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 140,551 shares of the company’s stock valued at $7,522,000 after acquiring an additional 93,079 shares during the last quarter. 51.87% of the stock is currently owned by hedge funds and other institutional investors.

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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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