SodaStream International Ltd. SODA saw a big move last Thursday, as the company’s shares fell by nearly 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for SODA as the stock is now up around 24% from Dec 1 to Dec 30, 2015.
The consumer products company has seen a flat track record when it comes to current year estimate revisions over the past few weeks and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
SODA currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
A better-ranked stock in the same industry is Central Garden & Pet Company CENT, holding a Zacks Rank #1 (Strong Buy).
Is SODA going up? Or down? Predict to see what others think: Up or Down
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