The Rubicon Project, Inc. (NYSE:RUBI)‘s stock had its “neutral” rating reissued by research analysts at B. Riley in a research report issued to clients and investors on Monday. They currently have a $5.00 price objective on the software maker’s stock. B. Riley’s price target points to a potential upside of 24.07% from the stock’s previous close.

Other analysts have also recently issued research reports about the stock. Jefferies Group LLC restated a “hold” rating and set a $7.25 price objective on shares of The Rubicon Project in a research report on Monday, May 8th. TheStreet cut shares of The Rubicon Project from a “c” rating to a “d” rating in a research report on Monday, April 17th. Zacks Investment Research cut shares of The Rubicon Project from a “buy” rating to a “hold” rating in a research report on Friday, July 14th. BidaskClub cut shares of The Rubicon Project from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 27th. Finally, Royal Bank Of Canada restated a “hold” rating and set a $6.00 price objective on shares of The Rubicon Project in a research report on Monday, June 5th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $8.04.

The Rubicon Project (RUBI) traded down 2.18% during mid-day trading on Monday, hitting $4.03. 417,314 shares of the company’s stock were exchanged. The stock’s market cap is $197.66 million. The stock’s 50 day moving average price is $5.23 and its 200-day moving average price is $6.31. The Rubicon Project has a 12 month low of $3.91 and a 12 month high of $9.95.

The Rubicon Project (NYSE:RUBI) last posted its earnings results on Tuesday, August 1st. The software maker reported ($0.21) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.15) by $0.06. The Rubicon Project had a negative return on equity of 1.15% and a negative net margin of 20.28%. The firm had revenue of $42.90 million during the quarter, compared to analysts’ expectations of $47.98 million. During the same quarter in the prior year, the company earned $0.17 earnings per share. The business’s revenue for the quarter was down 34.1% compared to the same quarter last year. Equities analysts expect that The Rubicon Project will post ($0.33) EPS for the current fiscal year.

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Institutional investors have recently modified their holdings of the company. BlackRock Group LTD boosted its position in shares of The Rubicon Project by 399.9% in the first quarter. BlackRock Group LTD now owns 9,539 shares of the software maker’s stock worth $175,000 after buying an additional 7,631 shares during the last quarter. Barclays PLC acquired a new position in shares of The Rubicon Project during the first quarter worth approximately $175,000. Quantbot Technologies LP boosted its position in shares of The Rubicon Project by 826.4% in the second quarter. Quantbot Technologies LP now owns 11,654 shares of the software maker’s stock worth $159,000 after buying an additional 10,396 shares during the last quarter. Alambic Investment Management L.P. acquired a new position in shares of The Rubicon Project during the second quarter worth approximately $185,000. Finally, Quotient Investors LLC acquired a new position in shares of The Rubicon Project during the second quarter worth approximately $186,000. Institutional investors own 63.19% of the company’s stock.

The Rubicon Project Company Profile

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.

Analyst Recommendations for The Rubicon Project (NYSE:RUBI)

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