Compass Point Gives Neutral Rating to Coinstar (CSTR)
Coinstar (NASDAQ: CSTR)‘s stock had its “neutral” rating reiterated by investment analysts at Compass Point in a note issued to investors on Friday.
Coinstar traded down 1.27% on Friday, hitting $62.79. Coinstar has a 52-week low of $37.43 and a 52-week high of $69.74. The company has a market cap of $1.906 billion and a price-to-earnings ratio of 19.49.
The company last announced its quarterly results on Thursday, April 26th. It reported $1.39 earnings per share (EPS) for the previous quarter, missing the Thomson Reuters consensus estimate of $1.42 EPS by $0.03. The company’s quarterly revenue was up 34.0% on a year-over-year basis. Analysts expect that Coinstar will post $1.14 EPS next quarter.
A number of other analysts have also recently weighed in on CSTR. Analysts at Benchmark Co. raised their price target on shares of Coinstar from $75.00 to $85.00 in a research note to investors on Friday, April 13rd. They now have a “buy” rating on the stock. Separately, analysts at Northland Securities raised their price target on shares of Coinstar from $75.00 to $90.00 in a research note to investors on Friday, April 13rd. They now have an “outperform” rating on the stock. Finally, analysts at Wedbush reiterated an “outperform” rating on shares of Coinstar in a research note to investors on Wednesday, February 29th.
Coinstar, Inc. (Coinstar) is a provider of automated retail solutions. Coinstar’s core offerings in automated retail include its digital video disk (DVD) business, where consumers can rent or purchase movies from self-service kiosks (DVD Services segment), and its Coin business, where consumers can convert their coin to cash or stored value products at coin-counting self-service kiosks (Coin Services segment).