![](https://investorshub.advfn.com/uicon/297976.png?cb=1610114739)
Tuesday, July 08, 2014 3:27:59 PM
July 7th, 2014 - 0 comments - Filed Under - by John Ramos
Outerwall (NASDAQ:OUTR) was the recipient of unusually large options trading on Monday. Traders purchased 7,822 put options on the stock, AnalystRatings.Net reports. This is an increase of approximately 388% compared to the average daily volume of 1,602 put options.
A number of analysts have recently weighed in on OUTR shares. Analysts at Zacks downgraded shares of Outerwall from an “outperform” rating to a “neutral” rating in a research note on Wednesday, July 2nd. They now have a $74.60 price target on the stock. Separately, analysts at Riley & Co. downgraded shares of Outerwall from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 18th. They now have a $76.00 price target on the stock, down previously from $100.00. Finally, analysts at B. Riley downgraded shares of Outerwall from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 17th. They now have a $76.00 price target on the stock, down previously from $100.00. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $71.57.
Shares of Outerwall (NASDAQ:OUTR) traded down 2.63% during mid-day trading on Monday, hitting $58.95. The stock had a trading volume of 717,813 shares. Outerwall has a one year low of $46.25 and a one year high of $74.30. The stock’s 50-day moving average is $65.9 and its 200-day moving average is $67.61. The company has a market cap of $1.160 billion and a price-to-earnings ratio of 9.45.
Outerwall (NASDAQ:OUTR) last posted its quarterly earnings results on Thursday, May 1st. The company reported $1.27 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.95 by $0.32. The company had revenue of $600.40 million for the quarter, compared to the consensus estimate of $586.65 million. The company’s quarterly revenue was up 4.7% on a year-over-year basis. Analysts expect that Outerwall will post $6.86 EPS for the current fiscal year.
Outerwall Inc, formerly Coinstar, Inc, is a provider of automated retail solutions, which offers convenient products and services.
FEATURED Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • Jun 14, 2024 2:07 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM