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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.

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