Sodastream International Hits New 52-Week Low at $37.46 (SODA)
Shares of Sodastream International (NASDAQ:SODA) hit a new 52-week low during mid-day trading on Monday, Stock Ratings Network reports. The stock traded as low as $37.46 and last traded at $37.47, with a volume of 8,977,932 shares trading hands. The stock had previously closed at $49.89.
SODA has been the subject of a number of recent research reports. Analysts at Deutsche Bank cut their price target on shares of Sodastream International from $58.00 to $53.00 in a research note to investors on Monday. They now have a “hold” rating on the stock. Separately, analysts at Monness Crespi & Hardt downgraded shares of Sodastream International from a “buy” rating to a “neutral” rating in a research note to investors on Monday. Finally, analysts at KeyCorp initiated coverage on shares of Sodastream International in a research note to investors on Wednesday, January 8th. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $70.52.
Sodastream International has a 52-week low of $45.25 and a 52-week high of $77.80. The stock has a 50-day moving average of $52.58 and a 200-day moving average of $59.95. The company has a market cap of $769.5 million and a P/E ratio of 21.75.
Sodastream International (NASDAQ:SODA) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.04. The company had revenue of $144.60 million for the quarter, compared to the consensus estimate of $145.20 million. During the same quarter last year, the company posted $0.80 earnings per share. Sodastream International’s revenue was up 28.5% compared to the same quarter last year. Analysts expect that Sodastream International will post $2.57 EPS for the current fiscal year.
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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