Outerwall (OUTR) to Release Quarterly Earnings on Thursday
Posted by Noah on Feb 4th, 2015 // No Comments
Outerwall (NASDAQ:OUTR) is set to issue its Q414 quarterly earnings data on Thursday, February 5th. Analysts expect the company to announce earnings of $2.06 per share and revenue of $596.40 million for the quarter.
Shares of Outerwall (NASDAQ:OUTR) opened at 62.25 on Wednesday. Outerwall has a 52-week low of $51.17 and a 52-week high of $77.94. The stock has a 50-day moving average of $70.32 and a 200-day moving average of $62.69. The company has a market cap of $1.137 billion and a P/E ratio of 16.96.
OUTR has been the subject of a number of recent research reports.
Analysts at Zacks downgraded shares of Outerwall from an “outperform” rating to a “neutral” rating and set a $79.80 price target on the stock in a research note on Thursday, January 29th. Analysts at Northland Securities lowered their price target on shares of Outerwall from $94.00 to $79.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 21st. Analysts at B. Riley lowered their price target on shares of Outerwall from $62.00 to $57.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 21st.
Finally, analysts at Dougherty & Co reiterated a “hold” rating on shares of Outerwall in a research note on Tuesday, January 20th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. Outerwall presently has an average rating of “Hold” and an average target price of $69.16.
Outerwall Inc, formerly Coinstar, Inc, is a provider of automated retail solutions, which offers convenient products and services. the Company’s offerings in automated retail include its Redbox business, where consumers can rent or purchase movies and video games from self-service kiosks (NASDAQ:OUTR), and its Coin business, where consumers can convert their coin to cash or stored value products at self-service coin counting kiosks (Coin segment).
