What Will Happen to SodaStream International Ltd. (SODA) Next? The Stock Just Reaches All-Time High

March 14, 2018 - By Ellis Scott

The stock of SodaStream International Ltd. (NASDAQ:SODA) reached all time high today, Mar, 14 and still has $92.71 target or 3.00 % above today’s $90.01 share price. This indicates more upside for the $1.97B company. This technical setup was reported by Barchart.com. If the $92.71 PT is reached, the company will be worth $59.13M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 1.81% or $1.5999 during the last trading session, reaching $90.0099. About 199,808 shares traded. SodaStream International Ltd. (NASDAQ:SODA) has risen 180.89% since March 14, 2017 and is uptrending. It has outperformed by 164.19% the S&P500.

Analysts await SodaStream International Ltd. (NASDAQ:SODA) to report earnings on May, 9. They expect $0.64 earnings per share, down 3.03 % or $0.02 from last year’s $0.66 per share. SODA’s profit will be $14.01M for 35.16 P/E if the $0.64 EPS becomes a reality. After $1.13 actual earnings per share reported by SodaStream International Ltd. for the previous quarter, Wall Street now forecasts -43.36 % negative EPS growth.

SodaStream International Ltd. (NASDAQ:SODA) Ratings Coverage

Among 4 analysts covering Sodastream International (NASDAQ:SODA), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Sodastream International had 17 analyst reports since August 5, 2015 according to SRatingsIntel. Jefferies maintained SodaStream International Ltd. (NASDAQ:SODA) on Wednesday, October 12 with “Hold” rating. As per Thursday, February 15, the company rating was maintained by JP Morgan. The firm has “Buy” rating given on Monday, February 12 by Susquehanna. The firm earned “Hold” rating on Monday, October 30 by Jefferies. Jefferies maintained the shares of SODA in report on Tuesday, October 3 with “Hold” rating. Jefferies maintained the shares of SODA in report on Thursday, May 12 with “Hold” rating. The firm earned “Hold” rating on Friday, July 28 by Jefferies. The firm has “Neutral” rating given on Thursday, November 5 by Susquehanna. The company was upgraded on Thursday, August 3 by Susquehanna. The company was maintained on Tuesday, August 1 by Susquehanna.

More recent SodaStream International Ltd. (NASDAQ:SODA) news were published by: Nasdaq.com which released: “SodaStream International Reaches Analyst Target Price” on February 22, 2018. Also Investorplace.com published the news titled: “SodaStream International Ltd Is a Risky Play With a Big Payoff” on February 16, 2018. Prnewswire.com‘s news article titled: “SodaStream Introduces New At Home Automatic Sparkling Water Maker – The Fizzi …” with publication date: March 12, 2018 was also an interesting one.

SodaStream International Ltd., together with its subsidiaries, makes, distributes, and sells home beverage carbonation systems. The company has market cap of $1.97 billion. The Company’s home beverage carbonation systems, which enable clients to transform ordinary tap water into sparkling water and flavored sparkling water. It has a 27.36 P/E ratio. The firm offers sparkling water makers and exchangeable carbon-dioxide cylinders, as well as consumables, such as CO2 refills, reusable carbonation bottles, and flavors; and other accessories, such as bottle cleaning materials and ice cube trays, as well as distributes Brita water filtration systems in Israel.

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