Could SodaStream International Ltd. (SODA) Lose its Strength? The Stock Reaches 52-Week High

March 21, 2018 - By Graig Alexander

The stock of SodaStream International Ltd. (NASDAQ:SODA) hit a new 52-week high and has $101.58 target or 6.00 % above today’s $95.83 share price. The 9 months bullish chart indicates low risk for the $2.10 billion company. The 1-year high was reported on Mar, 21 by If the $101.58 price target is reached, the company will be worth $125.88 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.94% or $0.89 during the last trading session, reaching $95.83. About 117,771 shares traded. SodaStream International Ltd. (NASDAQ:SODA) has risen 180.89% since March 21, 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 EPS, down 3.03 % or $0.02 from last year’s $0.66 per share. SODA’s profit will be $14.01 million for 37.43 P/E if the $0.64 EPS becomes a reality. After $1.13 actual EPS 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. Susquehanna downgraded SodaStream International Ltd. (NASDAQ:SODA) rating on Thursday, November 5. Susquehanna has “Neutral” rating and $16 target. Jefferies maintained SodaStream International Ltd. (NASDAQ:SODA) on Wednesday, October 12 with “Hold” rating. The stock of SodaStream International Ltd. (NASDAQ:SODA) earned “Hold” rating by Jefferies on Monday, October 30. As per Monday, February 12, the company rating was maintained by Susquehanna. The rating was initiated by Jefferies on Wednesday, December 16 with “Hold”. JP Morgan maintained SodaStream International Ltd. (NASDAQ:SODA) rating on Thursday, February 15. JP Morgan has “Neutral” rating and $87 target. The stock has “Hold” rating by Jefferies on Tuesday, October 3. Jefferies maintained the stock with “Hold” rating in Thursday, May 12 report. The stock of SodaStream International Ltd. (NASDAQ:SODA) has “Hold” rating given on Friday, May 26 by Jefferies. Jefferies maintained SodaStream International Ltd. (NASDAQ:SODA) on Wednesday, August 30 with “Hold” rating.

SodaStream International Ltd., together with its subsidiaries, makes, distributes, and sells home beverage carbonation systems. The company has market cap of $2.10 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 29.13 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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