Markets

SodaStream (SODA) in Focus: Stock Gains 6.2% in Session

SodaStream International Ltd.SODA was a big mover last session, as the company saw its shares rise more than 6% on the day. Shares moved up after the company announced the launch of a home beer system. This led to solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock is now up 47.02% in the past one-month time frame.

This manufacturer of consumer home carbonation systems witnessed two positive estimate revisions over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for SodaStream. So make sure to keep an eye on this stock going forward to see if yesterday's jump can turn into more strength down the road.

SodaStream has a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

However, a better-ranked stock in the consumer products space is Central Garden & Pet Company CENT , sporting a Zacks Rank #1 (Strong Buy).

Is SODA going up? Or down? Predict to see what others think: Up or Down

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

CENTRAL GARDEN (CENT): Free Stock Analysis Report

SODASTREAM INTL (SODA): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

CENT

Other Topics

Investing Stocks

Latest Markets Videos

Zacks

Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

Learn More