Wall Street analysts forecast that Sodastream International Ltd (NASDAQ:SODA) will post earnings of $0.64 per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Sodastream International’s earnings. The lowest EPS estimate is $0.61 and the highest is $0.67. Sodastream International posted earnings of $0.66 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 3%. The business is expected to issue its next quarterly earnings report on Wednesday, May 9th.
According to Zacks, analysts expect that Sodastream International will report full-year earnings of $3.43 per share for the current year, with EPS estimates ranging from $3.40 to $3.46. For the next financial year, analysts expect that the business will report earnings of $3.87 per share, with EPS estimates ranging from $3.78 to $3.95. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that cover Sodastream International.
Sodastream International (NASDAQ:SODA) last announced its quarterly earnings results on Wednesday, February 14th. The company reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.35. The firm had revenue of $157.66 million for the quarter, compared to analysts’ expectations of $151.57 million. Sodastream International had a net margin of 13.69% and a return on equity of 16.37%. Sodastream International’s revenue was up 19.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.71 earnings per share.
A number of hedge funds have recently made changes to their positions in SODA. Bank of New York Mellon Corp lifted its position in shares of Sodastream International by 5.9% during the third quarter. Bank of New York Mellon Corp now owns 148,848 shares of the company’s stock worth $9,891,000 after purchasing an additional 8,297 shares in the last quarter. Granahan Investment Management Inc. MA lifted its position in shares of Sodastream International by 9.3% during the third quarter. Granahan Investment Management Inc. MA now owns 417,155 shares of the company’s stock worth $27,720,000 after purchasing an additional 35,621 shares in the last quarter. ClariVest Asset Management LLC lifted its position in shares of Sodastream International by 157.2% during the third quarter. ClariVest Asset Management LLC now owns 63,304 shares of the company’s stock worth $4,208,000 after purchasing an additional 38,696 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of Sodastream International by 912.2% during the third quarter. Wells Fargo & Company MN now owns 9,758 shares of the company’s stock worth $648,000 after purchasing an additional 8,794 shares in the last quarter. Finally, PenderFund Capital Management Ltd. acquired a new position in shares of Sodastream International during the fourth quarter worth $1,888,000. 55.78% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Sodastream International (SODA) traded up $1.42 during mid-day trading on Wednesday, reaching $89.83. 272,351 shares of the company’s stock were exchanged, compared to its average volume of 279,389. The firm has a market capitalization of $10,630.00, a PE ratio of 7.94 and a beta of 1.17. Sodastream International has a 1 year low of $45.60 and a 1 year high of $90.28.
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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