SodaStream International Ltd. (SODA)’s Stock Is Buy After Reaching All Time High

April 17, 2018 - By Henry Gaston

SodaStream International Ltd. (NASDAQ:SODA) Logo

The stock of SodaStream International Ltd. (NASDAQ:SODA) reached all time high today, Apr, 17 and still has $98.64 target or 5.00 % above today’s $93.94 share price. This indicates more upside for the $2.13 billion company. This technical setup was reported by Barchart.com. If the $98.64 PT is reached, the company will be worth $106.25 million 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 decreased 1.41% or $1.35 during the last trading session, reaching $93.94. About 214,741 shares traded. SodaStream International Ltd. (NASDAQ:SODA) has risen 96.40% since April 17, 2017 and is uptrending. It has outperformed by 84.85% 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 $14.48 million for 36.70 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 Ltd (NASDAQ:SODA), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. SodaStream International Ltd had 4 analyst reports since October 30, 2017 according to SRatingsIntel. The stock of SodaStream International Ltd. (NASDAQ:SODA) earned “Buy” rating by Susquehanna on Monday, February 12. As per Thursday, February 15, the company rating was maintained by JP Morgan. The firm has “Buy” rating given on Tuesday, April 3 by FBR Capital. Jefferies maintained it with “Hold” rating and $60 target in Monday, October 30 report.

SodaStream International Ltd., together with its subsidiaries, makes, distributes, and sells home beverage carbonation systems. The company has market cap of $2.13 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 28.55 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.

SodaStream International Ltd. (NASDAQ:SODA) Ratings Chart

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