Sodastream International (SODA) Announces Quarterly Earnings, Beats Expectations By $0.06 EPS

Sodastream International (NASDAQ: SODA) released its earnings data on Wednesday. The company reported $0.45 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.39 by $0.06. The company had revenue of $132.90 million for the quarter, compared to the consensus estimate of $121.54 million.

A number of analysts have recently weighed in on SODA shares. Analysts at Canaccord Genuity raised their price target on shares of Sodastream International from $45.00 to $52.00 in a research note to investors on Thursday, February 14th. They now have a “hold” rating on the stock. On the ratings front, analysts at Barclays Capital reiterated an “overweight” rating on shares of Sodastream International in a research note to investors on Friday, February 1st. They now have a $55.00 price target on the stock. Finally, analysts at Oppenheimer raised their price target on shares of Sodastream International from $55.00 to $60.00 in a research note to investors on Wednesday, January 23rd. They now have an “outperform” rating on the stock.

Five research analysts have rated the stock with a buy rating, and two have given a hold rating to the stock. Sodastream International presently has a consensus rating of “overweight” and an average target price of $55.40.

Sodastream International (SODA) opened at 52.44 on Wednesday. Sodastream International (SODA) has a 1-year low of $28.28 and a 1-year high of $53.99. The stock’s 50-day moving average is currently $49.44. The company has a market cap of $1.070 billion and a price-to-earnings ratio of 26.55.

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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