Wall Street analysts predict that Sodastream International Ltd (NASDAQ:SODA) will report $1.18 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Sodastream International’s earnings, with the highest EPS estimate coming in at $1.24 and the lowest estimate coming in at $1.09. Sodastream International reported earnings per share of $0.87 in the same quarter last year, which suggests a positive year-over-year growth rate of 35.6%. The company is expected to announce its next quarterly earnings report on Wednesday, November 7th.
According to Zacks, analysts expect that Sodastream International will report full-year earnings of $4.45 per share for the current year, with EPS estimates ranging from $4.31 to $4.60. For the next financial year, analysts expect that the company will post earnings of $5.19 per share, with EPS estimates ranging from $4.93 to $5.40. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Sodastream International.
Sodastream International (NASDAQ:SODA) last posted its earnings results on Wednesday, August 1st. The company reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.41. The business had revenue of $171.49 million for the quarter, compared to analyst estimates of $147.93 million. Sodastream International had a return on equity of 17.48% and a net margin of 14.69%. The firm’s revenue was up 31.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.64 EPS.
A number of research analysts have commented on the company. BidaskClub raised Sodastream International from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 23rd. B. Riley lowered Sodastream International from a “buy” rating to a “hold” rating and upped their price objective for the company from $126.00 to $144.00 in a report on Tuesday, August 21st. ValuEngine raised Sodastream International from a “buy” rating to a “strong-buy” rating in a report on Monday, August 20th. Zacks Investment Research raised Sodastream International from a “sell” rating to a “hold” rating and set a $143.00 price objective on the stock in a report on Tuesday, August 7th. Finally, Susquehanna Bancshares upped their price objective on Sodastream International from $118.00 to $147.00 and gave the company a “positive” rating in a report on Thursday, August 2nd. Four research analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the stock. Sodastream International presently has a consensus rating of “Buy” and a consensus target price of $120.60.
Shares of NASDAQ SODA opened at $142.58 on Monday. Sodastream International has a one year low of $57.18 and a one year high of $143.20. The firm has a market capitalization of $3.24 billion, a price-to-earnings ratio of 43.34, a PEG ratio of 4.27 and a beta of 1.42.
Hedge funds and other institutional investors have recently modified their holdings of the business. CenterStar Asset Management LLC bought a new stake in shares of Sodastream International during the 2nd quarter valued at $105,000. JPMorgan Chase & Co. lifted its position in shares of Sodastream International by 52.8% during the 1st quarter. JPMorgan Chase & Co. now owns 1,847 shares of the company’s stock valued at $170,000 after acquiring an additional 638 shares during the period. Cornerstone Wealth Management LLC bought a new stake in shares of Sodastream International during the 2nd quarter valued at $191,000. Paloma Partners Management Co bought a new stake in shares of Sodastream International during the 2nd quarter valued at $212,000. Finally, First Allied Advisory Services Inc. bought a new stake in shares of Sodastream International during the 1st quarter valued at $216,000. 59.28% of the stock is currently owned by hedge funds and other institutional investors.
Sodastream International Company Profile
SodaStream International Ltd., together with its subsidiaries, manufactures, distributes, and sells home beverage carbonation systems. Its home beverage carbonation systems enable consumers to transform ordinary tap water into sparkling water and flavored sparkling water. The company offers sparkling water makers and exchangeable carbon-dioxide (CO2) cylinders, as well as consumables, including CO2 refills, reusable carbonation bottles, and flavors; and accessories for its products that are manufactured by third parties.
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