SodaStream International Ltd. (SODA) Scheduled to Post Quarterly Earnings on Wednesday
SodaStream International Ltd. (NASDAQ:SODA) will issue its quarterly earnings data before the market opens on Wednesday, November 1st. Analysts expect the company to announce earnings of $0.74 per share for the quarter. SodaStream International has set its FY17 guidance at $2.70 EPS.
SodaStream International (NASDAQ:SODA) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.51 by $0.13. SodaStream International had a net margin of 11.89% and a return on equity of 14.86%. The business had revenue of $130.60 million during the quarter, compared to analyst estimates of $129.33 million. During the same quarter in the previous year, the business posted $0.37 EPS. The company’s quarterly revenue was up 9.6% compared to the same quarter last year. On average, analysts expect SodaStream International to post $2.77 EPS for the current fiscal year and $2.92 EPS for the next fiscal year.
Shares of SodaStream International Ltd. (NASDAQ SODA) opened at 61.86 on Wednesday. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 22.93 and a beta of 1.22. SodaStream International Ltd. has a 12-month low of $24.85 and a 12-month high of $67.75. The stock has a 50 day moving average of $61.42 and a 200 day moving average of $56.73.
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Several analysts have recently issued reports on SODA shares. Zacks Investment Research raised shares of SodaStream International from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a research report on Tuesday, August 8th. BidaskClub cut shares of SodaStream International from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. ValuEngine cut shares of SodaStream International from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Jefferies Group LLC set a $55.00 price target on shares of SodaStream International and gave the stock a “hold” rating in a research report on Saturday, July 29th. Finally, Susquehanna Bancshares Inc reissued a “positive” rating and set a $90.00 price target (up previously from $88.00) on shares of SodaStream International in a research report on Tuesday, October 10th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. SodaStream International presently has an average rating of “Buy” and an average target price of $63.50.
A hedge fund recently raised its stake in SodaStream International stock. Vanguard Group Inc. boosted its position in SodaStream International Ltd. (NASDAQ:SODA) by 7.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,128 shares of the company’s stock after acquiring an additional 421 shares during the quarter. Vanguard Group Inc.’s holdings in SodaStream International were worth $328,000 at the end of the most recent quarter. 47.43% of the stock is currently owned by institutional investors.
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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