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Equities research analysts at B. Riley cut their price target on shares of Outerwall (NASDAQ:OUTR) from $58.00 to $54.00 in a research note issued to investors on Wednesday. The firm currently has a “neutral” rating on the stock. B. Riley’s price target points to a potential downside of 11.53% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of Outerwall from a “neutral” rating to an “underperform” rating in a research note on Tuesday, August 5th. They now have a $54.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Outerwall in a research note on Friday, August 1st. They now have a $48.00 price target on the stock, down previously from $49.00. Finally, 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, July 30th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $64.25.

Shares of Outerwall (NASDAQ:OUTR) opened at 61.00 on Wednesday. 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 $57.60 and a 200-day moving average of $64.71. The company has a market cap of $1.171 billion and a price-to-earnings ratio of 10.27.

Outerwall (NASDAQ:OUTR) last issued its quarterly earnings data 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. On average, analysts predict that Outerwall will post $5.87 earnings per share 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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