Sodastream International (NASDAQ:SODA) posted its quarterly earnings results on Wednesday. The company reported $1.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.35, Morningstar.com reports. 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% on a year-over-year basis. During the same period last year, the company earned $0.71 EPS. Sodastream International updated its FY18 guidance to approx $3.78 EPS.
Shares of Sodastream International (SODA) traded up $3.39 during trading on Thursday, hitting $85.81. The stock had a trading volume of 561,453 shares, compared to its average volume of 295,014. The company has a market capitalization of $1,721.24, a price-to-earnings ratio of 29.80 and a beta of 1.25. Sodastream International has a 12 month low of $44.71 and a 12 month high of $86.75.
SODA has been the topic of several recent analyst reports. Jefferies Group set a $60.00 target price on Sodastream International and gave the stock a “hold” rating in a report on Monday, October 30th. Susquehanna Bancshares set a $92.00 target price on Sodastream International and gave the stock a “buy” rating in a report on Wednesday, November 1st. ValuEngine lowered Sodastream International from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Zacks Investment Research upgraded Sodastream International from a “hold” rating to a “buy” rating and set a $74.00 target price on the stock in a report on Tuesday, November 7th. Finally, BidaskClub upgraded Sodastream International from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 3rd. Four investment 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. The stock has an average rating of “Buy” and an average target price of $78.75.
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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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