SodaStream International (NASDAQ:SODA) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a note issued to investors on Thursday.

A number of other research analysts have also commented on SODA. Jefferies Group reiterated a “hold” rating and set a $55.00 price target on shares of SodaStream International in a report on Thursday, August 31st. ValuEngine upgraded SodaStream International from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Susquehanna Bancshares restated a “positive” rating and set a $90.00 price objective (up from $79.00) on shares of SodaStream International in a research report on Monday, September 25th. Finally, Zacks Investment Research cut SodaStream International from a “buy” rating to a “hold” rating in a research report on Wednesday, October 11th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. SodaStream International has an average rating of “Buy” and a consensus target price of $75.33.

Shares of SodaStream International (NASDAQ:SODA) traded down $0.68 during mid-day trading on Thursday, hitting $69.39. The stock had a trading volume of 105,594 shares, compared to its average volume of 291,690. SodaStream International has a one year low of $37.91 and a one year high of $72.14. The firm has a market capitalization of $1,565.12, a price-to-earnings ratio of 24.82 and a beta of 1.20.

SodaStream International (NASDAQ:SODA) last issued its quarterly earnings results on Wednesday, November 1st. The company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.13. SodaStream International had a return on equity of 15.17% and a net margin of 12.47%. The company had revenue of $139.80 million during the quarter, compared to analyst estimates of $135.43 million. During the same period in the previous year, the company earned $0.69 earnings per share. The company’s quarterly revenue was up 12.6% compared to the same quarter last year. sell-side analysts predict that SodaStream International will post 2.96 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of SodaStream International by 5.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,298 shares of the company’s stock valued at $177,000 after purchasing an additional 185 shares during the period. Van ECK Associates Corp increased its position in shares of SodaStream International by 4.1% during the second quarter. Van ECK Associates Corp now owns 5,508 shares of the company’s stock valued at $295,000 after purchasing an additional 217 shares during the period. Vanguard Group Inc. increased its position in shares of SodaStream International by 7.4% during the second quarter. Vanguard Group Inc. now owns 6,128 shares of the company’s stock valued at $328,000 after purchasing an additional 421 shares during the period. Navellier & Associates Inc increased its position in shares of SodaStream International by 1.7% during the second quarter. Navellier & Associates Inc now owns 26,995 shares of the company’s stock valued at $1,445,000 after purchasing an additional 448 shares during the period. Finally, Caxton Associates LP increased its position in shares of SodaStream International by 10.0% during the second quarter. Caxton Associates LP now owns 5,511 shares of the company’s stock valued at $295,000 after purchasing an additional 500 shares during the period. Institutional investors and hedge funds own 51.87% of the company’s stock.

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SodaStream International Company Profile

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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