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Outerwall (NASDAQ:OUTR)‘s stock had its “neutral” rating reaffirmed by analysts at B. Riley in a research report issued to clients and investors on Friday. They currently have a $58.00 price target on the stock, down from their previous price target of $64.00. B. Riley’s price objective would indicate a potential upside of 5.42% from the stock’s previous close.

Outerwall (NASDAQ:OUTR) traded up 1.91% during mid-day trading on Friday, hitting $56.07. The stock had a trading volume of 1,695,062 shares. Outerwall has a 52-week low of $46.25 and a 52-week high of $74.30. The stock has a 50-day moving average of $57.69 and a 200-day moving average of $65.89. The company has a market cap of $1.104 billion and a P/E ratio of 8.59.

Outerwall (NASDAQ:OUTR) last posted its quarterly earnings results on Thursday, July 31st. The company reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.02. The company had revenue of $549.17 million for the quarter, compared to the consensus estimate of $560.25 million. During the same quarter in the previous year, the company posted $1.91 earnings per share. The company’s revenue for the quarter was down .7% on a year-over-year basis. Analysts expect that Outerwall will post $6.68 EPS for the current fiscal year.

A number of other analysts have also recently weighed in on OUTR. Analysts at JPMorgan Chase & Co. cut their price target on shares of Outerwall from $64.00 to $49.00 in a research note on Wednesday. Separately, 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. Finally, 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. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. Outerwall has an average rating of “Hold” and an average price target of $67.45.

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

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