NEW YORK (TheStreet) -- Shares of SodaStream International (SODA) are up 17.16% to $33.86 after it was reported that the Israeli maker of home soda machines is in talks with an investment firm about taking the company private, sources told Bloomberg.
The transaction would value the company at about $40 a share, or $828 million, 38% above yesterday's closing price, a source said.
Several private-equity funds have been looking at SodaStream for a leveraged buyout, sources added.
TheStreet Ratings team rates SODASTREAM INTERNATIONAL LTD as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate SODASTREAM INTERNATIONAL LTD (SODA) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income."