Wall Street brokerages predict that The Rubicon Project, Inc. (NYSE:RUBI) will announce earnings per share of ($0.16) for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for The Rubicon Project’s earnings, with the highest EPS estimate coming in at ($0.10) and the lowest estimate coming in at ($0.20). The Rubicon Project reported earnings per share of $0.03 during the same quarter last year, which suggests a negative year over year growth rate of 633.3%. The firm is scheduled to issue its next earnings report after the market closes on Tuesday, August 1st.

On average, analysts expect that The Rubicon Project will report full year earnings of ($0.64) per share for the current year, with EPS estimates ranging from ($0.82) to ($0.50). For the next financial year, analysts forecast that the business will report earnings of ($0.71) per share, with EPS estimates ranging from ($1.07) to ($0.19). Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that that provide coverage for The Rubicon Project.

A number of research analysts have weighed in on the stock. B. Riley reissued a “neutral” rating and issued a $5.50 target price on shares of The Rubicon Project in a research note on Thursday, May 4th. Jefferies Group LLC reissued a “hold” rating and issued a $7.25 target price on shares of The Rubicon Project in a research note on Monday, May 8th. BidaskClub lowered shares of The Rubicon Project from a “hold” rating to a “sell” rating in a research note on Saturday, July 8th. Zacks Investment Research lowered shares of The Rubicon Project from a “buy” rating to a “hold” rating in a research note on Friday, July 14th. Finally, TheStreet lowered shares of The Rubicon Project from a “c” rating to a “d” rating in a research note on Monday, April 17th. Four research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and one has given a buy rating to the company’s stock. The Rubicon Project currently has an average rating of “Hold” and an average target price of $8.49.

Shares of The Rubicon Project (RUBI) traded down 1.16% during midday trading on Thursday, reaching $5.11. The company’s stock had a trading volume of 345,500 shares. The company has a 50 day moving average price of $5.25 and a 200-day moving average price of $6.50. The stock’s market capitalization is $247.51 million. The Rubicon Project has a 52 week low of $4.61 and a 52 week high of $14.54.

A number of hedge funds have recently bought and sold shares of the stock. Russell Investments Group Ltd. bought a new stake in The Rubicon Project during the fourth quarter valued at $230,000. Dimensional Fund Advisors LP increased its stake in The Rubicon Project by 32.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 460,659 shares of the software maker’s stock valued at $3,418,000 after buying an additional 112,352 shares during the period. Norges Bank bought a new stake in The Rubicon Project during the fourth quarter valued at $7,260,000. UBS Asset Management Americas Inc. increased its stake in The Rubicon Project by 9.5% in the fourth quarter. UBS Asset Management Americas Inc. now owns 15,000 shares of the software maker’s stock valued at $111,000 after buying an additional 1,300 shares during the period. Finally, Teachers Advisors LLC increased its stake in The Rubicon Project by 6.8% in the fourth quarter. Teachers Advisors LLC now owns 623,206 shares of the software maker’s stock valued at $4,624,000 after buying an additional 39,579 shares during the period. Hedge funds and other institutional investors own 64.13% of the company’s stock.

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About The Rubicon Project

The Rubicon Project, Inc offers a technology solution to automate the purchase and sale of advertising for buyers and sellers. The Company’s solution enables buyers and sellers to purchase and sell a range of advertising units, including display and video; utilizing various inventory types, including direct sale of inventory and real-time bidding (RTB), and across digital channels, including mobile Web, mobile application and desktop, as well as across various out of home channels, such as digital billboards.

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