Equities research analysts predict that The Rubicon Project, Inc. (NYSE:RUBI) will announce earnings of ($0.21) per share for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for The Rubicon Project’s earnings, with the lowest EPS estimate coming in at ($0.26) and the highest estimate coming in at ($0.16). The Rubicon Project reported earnings per share of $0.32 during the same quarter last year, which suggests a negative year-over-year growth rate of 165.6%. The company is scheduled to report its next quarterly earnings report on Wednesday, November 1st.

According to Zacks, analysts expect that The Rubicon Project will report full-year earnings of ($0.54) per share for the current financial year, with EPS estimates ranging from ($0.71) to ($0.39). For the next year, analysts expect that the business will post earnings of ($0.58) per share, with EPS estimates ranging from ($0.88) to ($0.25). Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow The Rubicon Project.

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

RUBI has been the subject of a number of recent analyst reports. BidaskClub lowered The Rubicon Project from a “hold” rating to a “sell” rating in a report on Saturday, July 8th. B. Riley reaffirmed a “neutral” rating and set a $5.00 price target on shares of The Rubicon Project in a research note on Tuesday. ValuEngine lowered The Rubicon Project from a “hold” rating to a “sell” rating in a research note on Friday, June 2nd. Needham & Company LLC reaffirmed a “hold” rating on shares of The Rubicon Project in a research note on Thursday, August 24th. Finally, Zacks Investment Research raised The Rubicon Project from a “hold” rating to a “buy” rating and set a $5.50 price target for the company in a research note on Thursday, July 13th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $6.36.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Oxford Asset Management lifted its stake in The Rubicon Project by 214.3% during the first quarter. Oxford Asset Management now owns 505,710 shares of the software maker’s stock worth $2,979,000 after purchasing an additional 344,820 shares during the period. Vanguard Group Inc. lifted its stake in The Rubicon Project by 10.0% during the first quarter. Vanguard Group Inc. now owns 1,619,460 shares of the software maker’s stock worth $9,538,000 after purchasing an additional 146,748 shares during the period. Schroder Investment Management Group bought a new position in The Rubicon Project during the first quarter worth about $355,000. Swiss National Bank lifted its stake in The Rubicon Project by 9.7% during the first quarter. Swiss National Bank now owns 56,400 shares of the software maker’s stock worth $332,000 after purchasing an additional 5,000 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in The Rubicon Project by 3.4% during the first quarter. Bank of New York Mellon Corp now owns 195,044 shares of the software maker’s stock worth $1,149,000 after purchasing an additional 6,413 shares during the period. Institutional investors and hedge funds own 62.56% of the company’s stock.

The Rubicon Project (NYSE RUBI) traded down 0.25% on Friday, reaching $4.05. The company had a trading volume of 379,505 shares. The stock has a 50 day moving average of $3.99 and a 200 day moving average of $5.35. The firm’s market capitalization is $198.64 million. The Rubicon Project has a 12 month low of $3.38 and a 12 month high of $9.16.

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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