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Outerwall (NASDAQ:OUTR) was downgraded by equities research analysts at Northland Securities from an “outperform” rating to a “market perform” rating in a research note issued to investors on Friday, reports.

Other equities research analysts have also recently issued reports about the stock. Analysts at Ned Davis Research upgraded shares of Outerwall from a “neutral” rating to a “buy” rating in a research note to investors on Monday, January 6th. Separately, analysts at Zacks upgraded shares of Outerwall from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, December 30th. They now have a $69.60 price target on the stock. Finally, analysts at B. Riley raised their price target on shares of Outerwall from $95.00 to $103.00 in a research note to investors on Wednesday, December 11th. They now have a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $71.51.

Shares of Outerwall (NASDAQ:OUTR) traded up 12.19% during mid-day trading on Friday, hitting $71.40. 5,635,130 shares of the company’s stock traded hands. Outerwall has a 1-year low of $46.25 and a 1-year high of $72.58. The stock has a 50-day moving average of $66.25 and a 200-day moving average of $62.83. The company has a market cap of $1.929 billion and a price-to-earnings ratio of 10.59.

Outerwall (NASDAQ:OUTR) last announced its earnings results on Thursday, February 6th. The company reported $1.68 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.22 by $0.46. The company had revenue of $593.70 million for the quarter, compared to the consensus estimate of $595.34 million. During the same quarter in the previous year, the company posted $1.01 earnings per share. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. Analysts expect that Outerwall will post $5.77 EPS for the current fiscal year.

Outerwall Inc, formerly Coinstar, Inc, is a provider of automated retail solutions, which offers convenient products and services.

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