Dougherty & Co lowered shares of Sodastream International (NASDAQ:SODA) from a buy rating to a neutral rating in a research report released on Wednesday morning, TheFlyOnTheWall.com reports.
Separately, analysts at Longbow Research initiated coverage on shares of Sodastream International in a research note to investors on Wednesday, August 21st. They set a buy rating and a $79.00 price target on the stock. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. The stock has an average rating of Hold and a consensus target price of $72.84.
Shares of Sodastream International (NASDAQ:SODA) traded down 1.28% during mid-day trading on Wednesday, hitting $52.829. 720,239 shares of the company’s stock traded hands. Sodastream International has a 1-year low of $33.15 and a 1-year high of $77.80. The stock’s 50-day moving average is $63.15 and its 200-day moving average is $62.71. The company has a market cap of $1.097 billion and a price-to-earnings ratio of 23.07. Sodastream International also was the target of some unusual options trading activity on Tuesday. Traders purchased 20,500 put options on the stock. This represents an increase of 338% compared to the average daily volume of 4,681 put options.
Sodastream International (NASDAQ:SODA) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.76 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.72 by $0.04. The company had revenue of $144.60 million for the quarter, compared to the consensus estimate of $145.20 million. During the same quarter in the prior year, the company posted $0.80 earnings per share. The company’s quarterly revenue was up 28.5% on a year-over-year basis. Analysts expect that Sodastream International will post $2.57 EPS for the current fiscal year.
SodaStream International Ltd., along with its subsidiaries, is engaged in developing, manufacturing and marketing home beverage carbonation systems and related products.
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