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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, TheFlyOnTheWall.com 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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