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Why You Shouldn't Bet Against SodaStream International (SODA) Stock

Zacks Equity Research
Updated

One stock that might be an intriguing choice for investors right now is SodaStream International Ltd. SODA. This is because this security in the Consumer Products - Discretionary space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Consumer Products - Discretionary space as it currently has a Zacks Industry Rank of 37 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, SodaStream International is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

SodaStream International Ltd. Price and Consensus

SodaStream International Ltd. Price and Consensus | SodaStream International Ltd. Quote

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In fact, over the past month, current quarter estimates have risen from 47 cents per share to 51 cents per share, while current year estimates have risen from $2.42 per share to $2.60 per share. This has helped SODA to earn a Zacks Rank #1 (Strong Buy), further underscoring the company’s solid position. You can see the complete list of today’s Zacks #1 Rank  stocks here.

So, if you are looking for a decent pick in a strong industry, consider SodaStream International. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

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Zacks Investment Research