Outerwall Inc. (NASDAQ:OUTR)’s share price traded down 1.8% during mid-day trading on Thursday . The stock traded as low as $41.86 and last traded at $42.29, with a volume of 362,231 shares changing hands. The stock had previously closed at $43.08.

Several equities analysts recently issued reports on the stock. B. Riley reissued a “buy” rating and set a $58.00 price objective on shares of Outerwall in a research note on Thursday, May 5th. Roth Capital reissued a “hold” rating and set a $35.00 price objective on shares of Outerwall in a research note on Tuesday, April 19th. Wedbush reissued a “buy” rating and set a $40.00 price objective on shares of Outerwall in a research note on Tuesday, March 15th. Craig Hallum increased their price target on shares of Outerwall to $48.00 and gave the stock a “buy” rating in a research note on Tuesday, March 15th. Finally, Zacks Investment Research raised shares of Outerwall from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 7th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $50.13.

The company’s 50-day moving average price is $41.48 and its 200 day moving average price is $37.02. The firm has a market cap of $684.97 million and a price-to-earnings ratio of 15.66.

Outerwall (NASDAQ:OUTR) last announced its quarterly earnings data on Thursday, April 28th. The company reported $2.44 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.33 by $1.11. The business earned $535.96 million during the quarter, compared to analyst estimates of $508.35 million. The business’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.81 EPS. On average, analysts forecast that Outerwall Inc. will post $6.25 earnings per share for the current year.

Several hedge funds and institutional investors have recently added to or reduced their stakes in the company. California Public Employees Retirement System increased its position in Outerwall by 0.9% in the fourth quarter. California Public Employees Retirement System now owns 100,507 shares of the company’s stock valued at $3,673,000 after buying an additional 900 shares during the period. Krasney Financial LLC increased its position in Outerwall by 4.3% in the fourth quarter. Krasney Financial LLC now owns 88,439 shares of the company’s stock valued at $3,232,000 after buying an additional 3,664 shares during the period. Comerica Bank increased its position in Outerwall by 23.0% in the fourth quarter. Comerica Bank now owns 40,603 shares of the company’s stock valued at $1,356,000 after buying an additional 7,602 shares during the period. GSA Capital Partners LLP increased its position in Outerwall by 19.9% in the fourth quarter. GSA Capital Partners LLP now owns 62,750 shares of the company’s stock valued at $2,293,000 after buying an additional 10,397 shares during the period. Finally, Wells Fargo & Company MN increased its position in Outerwall by 9.4% in the fourth quarter. Wells Fargo & Company MN now owns 234,212 shares of the company’s stock valued at $8,558,000 after buying an additional 20,058 shares during the period.

Outerwall Inc is a provider of automated retail solutions. The Company’s business segments are Redbox, Coinstar and ecoATM. Its offerings include Redbox business, which enables consumers to rent or purchase movies and video games from self-service kiosks (Redbox segment); Coinstar business, which enables consumers to convert their coins to cash and convert coins and cash to stored value products at self-service kiosks (Coinstar segment), and ecoATM business, which enables consumers to sell electronic devices for cash at self-service kiosks, and purchase and sell electronic devices for cash through an online solution under its Gazelle brand.

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