Sodastream International Sees Unusually Large Options Volume (SODA)
Shares of Sodastream International (NASDAQ:SODA) saw some unusual options trading on Tuesday. Stock traders purchased 10,586 put options on the company, AnalystRatingsNetwork reports. This represents an increase of approximately 110% compared to the average daily volume of 5,031 put options.
A number of analysts have recently weighed in on SODA shares. Analysts at Zacks downgraded shares of Sodastream International from a “neutral” rating to an “underperform” rating in a research note on Tuesday, April 29th. They now have a $43.50 price target on the stock. Finally, analysts at Barclays downgraded shares of Sodastream International from an “overweight” rating to an “equal weight” rating in a research note on Monday, March 3rd. They now have a $40.00 price target on the stock, down previously from $55.00. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has assigned a buy rating to the company’s stock. Sodastream International currently has an average rating of “Hold” and a consensus target price of $60.06.
Shares of Sodastream International (NASDAQ:SODA) traded down 1.32% during mid-day trading on Tuesday, hitting $41.12. The stock had a trading volume of 1,850,705 shares. Sodastream International has a one year low of $35.27 and a one year high of $77.80. The stock has a 50-day moving average of $41.77 and a 200-day moving average of $45.74. The company has a market cap of $859.7 million and a P/E ratio of 21.26.
Sodastream International (NASDAQ:SODA) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.15. The company had revenue of $168.10 million for the quarter, compared to the consensus estimate of $167.33 million. During the same quarter in the previous year, the company posted $0.45 earnings per share. The company’s revenue for the quarter was up 26.5% on a year-over-year basis. On average, analysts predict that Sodastream International will post $1.92 earnings per share for the current fiscal year.
SodaStream International Ltd., formerly Soda-Club Holdings Ltd., along with its subsidiaries, is engaged in developing, manufacturing and marketing home beverage carbonation systems and related products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.