Sodastream International (SODA) PT Raised to $87.00

Sodastream International (NASDAQ:SODA) had its price objective lifted by investment analysts at JPMorgan Chase & Co. from $70.00 to $87.00 in a research note issued to investors on Thursday. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target points to a potential upside of 5.56% from the company’s previous close.

Other analysts have also issued research reports about the company. BidaskClub raised Sodastream International from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 3rd. Susquehanna Bancshares raised their price target on Sodastream International from $92.00 to $94.00 and gave the stock a “positive” rating in a research note on Monday. Zacks Investment Research lowered Sodastream International from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. ValuEngine lowered Sodastream International from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, Jefferies Group set a $60.00 price target on Sodastream International and gave the stock a “hold” rating in a research note on Monday, October 30th. Four research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $78.75.

Shares of Sodastream International (NASDAQ:SODA) traded up $3.81 during trading on Thursday, hitting $82.42. 1,052,500 shares of the stock traded hands, compared to its average volume of 278,334. Sodastream International has a 1 year low of $44.71 and a 1 year high of $84.39. The company has a market capitalization of $1,721.24, a PE ratio of 28.62 and a beta of 1.25.

Sodastream International (NASDAQ:SODA) last issued its earnings results on Wednesday, February 14th. The company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.33. Sodastream International had a net margin of 12.47% and a return on equity of 15.17%. The firm had revenue of $157.66 million for the quarter, compared to analysts’ expectations of $151.57 million. During the same quarter last year, the business earned $0.71 earnings per share. The business’s revenue was up 19.6% on a year-over-year basis. sell-side analysts predict that Sodastream International will post 2.96 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in Sodastream International by 7.4% during the second quarter. Vanguard Group Inc. now owns 6,128 shares of the company’s stock valued at $328,000 after buying an additional 421 shares during the period. Steinberg Global Asset Management lifted its position in Sodastream International by 12.7% during the fourth quarter. Steinberg Global Asset Management now owns 8,703 shares of the company’s stock valued at $612,000 after buying an additional 982 shares during the period. Wasatch Advisors Inc. lifted its position in Sodastream International by 1.4% during the fourth quarter. Wasatch Advisors Inc. now owns 75,000 shares of the company’s stock valued at $5,276,000 after buying an additional 1,000 shares during the period. Ladenburg Thalmann Financial Services Inc. lifted its position in Sodastream International by 79.8% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,416 shares of the company’s stock valued at $161,000 after buying an additional 1,072 shares during the period. Finally, Allianz Asset Management GmbH lifted its position in Sodastream International by 11.7% during the third quarter. Allianz Asset Management GmbH now owns 10,698 shares of the company’s stock valued at $711,000 after buying an additional 1,121 shares during the period. 52.05% of the stock is owned by institutional investors and hedge funds.

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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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