Sodastream International (SODA) Issues FY18 Earnings Guidance

Sodastream International (NASDAQ:SODA) issued an update on its FY18 earnings guidance on Wednesday morning. The company provided EPS guidance of approx $3.78 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.33. The company issued revenue guidance of approx $608.6 million, compared to the consensus revenue estimate of $593.52 million.

Sodastream International (NASDAQ:SODA) opened at $78.61 on Wednesday. The firm has a market capitalization of $1,699.56, a P/E ratio of 26.95 and a beta of 1.25. Sodastream International has a 1-year low of $44.71 and a 1-year high of $80.75.

Sodastream International (NASDAQ:SODA) last posted its earnings results on Wednesday, February 14th. The company reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.35. The business had revenue of $157.66 million for the quarter, compared to analyst estimates of $151.57 million. Sodastream International had a return on equity of 15.17% and a net margin of 12.47%. The firm’s revenue was up 19.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.71 EPS. equities research analysts anticipate that Sodastream International will post 2.96 EPS for the current year.

SODA has been the topic of a number of research reports. Zacks Investment Research raised Sodastream International from a hold rating to a buy rating and set a $74.00 price objective on the stock in a report on Tuesday, November 7th. Susquehanna Bancshares set a $92.00 price objective on Sodastream International and gave the company a buy rating in a report on Wednesday, November 1st. BidaskClub raised Sodastream International from a hold rating to a buy rating in a report on Wednesday, December 27th. ValuEngine lowered Sodastream International from a buy rating to a hold rating in a report on Friday, December 1st. Finally, Jefferies Group set a $60.00 price objective on Sodastream International and gave the company a hold rating in a report on Monday, October 30th. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of $76.00.

A hedge fund recently raised its stake in Sodastream International stock. Vanguard Group Inc. raised its position in Sodastream International Ltd (NASDAQ:SODA) by 7.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,128 shares of the company’s stock after buying 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 reporting period. 52.05% of the stock is currently owned by institutional investors and hedge funds.

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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).

Earnings History and Estimates for Sodastream International (NASDAQ:SODA)

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