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Sodastream International (NASDAQ:SODA)’s share price was up 11.5% during trading on Wednesday after the company announced better than expected quarterly earnings, AnalystRatingsNetwork.com reports. The stock traded as high as $33.61 and last traded at $33.20, with a volume of 3,967,728 shares. The stock had previously closed at $29.77.

The company reported $0.43 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.31 by $0.12. The company had revenue of $141.20 million for the quarter, compared to the consensus estimate of $140.56 million. During the same quarter in the prior year, the company posted $0.74 earnings per share. The company’s quarterly revenue was up 6.5% on a year-over-year basis.

A number of research firms have recently commented on SODA. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Sodastream International in a research note on Wednesday, July 16th. They now have a $32.00 price target on the stock, down previously from $37.00. Separately, analysts at Barclays downgraded shares of Sodastream International from an “equal weight” rating to an “underweight” rating in a research note on Thursday, May 22nd. They now have a $35.00 price target on the stock, down previously from $40.00. Finally, analysts at Canaccord Genuity raised their price target on shares of Sodastream International from $39.00 to $41.00 in a research note on Thursday, May 15th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $43.79.

The stock’s 50-day moving average is $32.99 and its 200-day moving average is $38.21. The company has a market cap of $688.0 million and a P/E ratio of 20.20.

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.

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