Did SodaStream Really Fizzle?
- SodaStream reported mixed Q315 results.
- The results were hit hard by currency headwinds and a domestic transition.
- The stock trades at a compelling valuation, especially considering the likelihood that currency eventually turns into a tailwind.
A day after a big bounce from Q3 results, SodaStream International (NASDAQ:SODA) gave back all of those gains. The perception is that some analysts were not happy with the holiday sales forecasts after recalculating the numbers. The reality is that the home-beverage maker had some solid results for a stock only worth $320 million.
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