Susquehanna Reiterates a Hold Rating on Sodastream

By Austin Angelo

In a report released yesterday, Pablo Zuanic from Susquehanna reiterated a Hold rating on Sodastream (NASDAQ: SODA), with a price target of $28. The company’s shares closed yesterday at $25.94.

According to TipRanks.com, Zuanic is a 4-star analyst with an average return of 2.5% and a 53.0% success rate. Zuanic covers the Consumer Goods sector, focusing on stocks such as Constellation Brands Inc, Anheuser-Busch Inbev Sa, and Mondelez International.

Sodastream has an analyst consensus of Hold, with a price target consensus of $27.

Based on Sodastream’s latest earnings report from June 30, the company posted quarterly revenue of $119.2M and quarterly net profit of $7.82M. In comparison, last year the company earned revenue of $110M and had a net profit of $2.24M.

SodaStream International Ltd. operates as a holding company, which engages in the development, manufacture, distribution, and marketing of home carbonation systems. Its products include drink maker machines, soda caps, carbonators, reusable carbonation bottles, and flavored syrups. It operates through the following geographical segments: Western Europe; Central and Eastern Europe, Middle East and Africa; The Americas; and Asia-Pacific. The company was founded by Peter Wiseburgh in 1991 and is headquartered in Airport City, Israel.