Sodastream International Sees Unusually Large Options Volume (SODA)
Shares of Sodastream International (NASDAQ:SODA) saw some unusual options trading activity on Monday. Stock investors acquired 7,603 put options on the company, American Banking News reports. This is an increase of 154% compared to the typical volume of 2,992 put options.
A number of research firms have recently commented on SODA. Analysts at Longbow Research initiated coverage on shares of Sodastream International in a research note to investors on Wednesday, August 21st. They set a “buy” rating and a $79.00 price target on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Sodastream International from $59.00 to $67.00 in a research note to investors on Thursday, August 1st. They now have a “hold” rating on the stock. Finally, analysts at Zacks downgraded shares of Sodastream International from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, July 18th. They now have a $69.20 price target on the stock. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $77.75.
Sodastream International (NASDAQ:SODA) traded down 5.98% on Monday, hitting $62.43. The stock had a trading volume of 1,199,213 shares. Sodastream International has a 1-year low of $33.15 and a 1-year high of $77.80. The stock has a 50-day moving average of $64.6 and a 200-day moving average of $61.33. The company has a market cap of $1.296 billion and a price-to-earnings ratio of 28.62.
Sodastream International (NASDAQ:SODA) last released its earnings data on Wednesday, July 31st. The company reported $0.74 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.57 by $0.17. The company had revenue of $132.40 million for the quarter, compared to the consensus estimate of $129.72 million. During the same quarter in the prior year, the company posted $0.45 earnings per share. The company’s quarterly revenue was up 28.5% on a year-over-year basis.
SodaStream International Ltd., along with its subsidiaries, is engaged in developing, manufacturing and marketing home beverage carbonation systems and related products.
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