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Outerwall (NASDAQ:OUTR) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a note issued to investors on Tuesday. They currently have a $54.00 price target on the stock. Zacks‘s price objective indicates a potential downside of 3.69% from the stock’s previous close.

Outerwall (NASDAQ:OUTR) traded up 0.57% on Tuesday, hitting $56.37. The stock had a trading volume of 661,939 shares. Outerwall has a 52-week low of $46.25 and a 52-week high of $74.30. The stock’s 50-day moving average is $57.20 and its 200-day moving average is $65.7. The company has a market cap of $1.082 billion and a P/E ratio of 9.43.

Outerwall (NASDAQ:OUTR) last issued its quarterly earnings data on Thursday, July 31st. The company reported $1.42 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $1.91 earnings per share. The company’s quarterly revenue was down .7% on a year-over-year basis. On average, analysts predict that Outerwall will post $5.98 earnings per share for the current fiscal year.

OUTR has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Outerwall in a research note on Friday. They now have a $48.00 price target on the stock, down previously from $49.00. Separately, analysts at B. Riley reiterated a “neutral” rating on shares of Outerwall in a research note on Friday. They now have a $58.00 price target on the stock, down previously from $64.00. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $64.75.

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

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