Sodastream International (NASDAQ:SODA) announced its earnings results on Wednesday. The company reported $0.74 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.57 by $0.17, AnalystRatings.Net reports. The company had revenue of $132.40 million for the quarter, compared to the consensus estimate of $129.72 million. During the same quarter in the prior year, the company posted $0.45 earnings per share. The company’s quarterly revenue was up 28.5% on a year-over-year basis.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Sodastream International from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, July 18th. They now have a $69.20 price target on the stock. On the ratings front, analysts at Oppenheimer downgraded shares of Sodastream International from an “outperform” rating to a “market perform” rating in a research note to investors on Friday, July 12th. They now have a $85.00 price target on the stock. Finally, analysts at Roth Capital reiterated a “buy” rating on shares of Sodastream International in a research note to investors on Tuesday, July 9th. They now have a $75.00 price target on the stock.
Eight research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Sodastream International presently has a consensus rating of “Hold” and an average target price of $76.20.
Shares of Sodastream International (NASDAQ:SODA) opened at 58.32 on Wednesday. Sodastream International has a one year low of $33.15 and a one year high of $77.80. The stock’s 50-day moving average is currently $65.17. The company has a market cap of $1.206 billion and a P/E ratio of 26.75.
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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