Analysts forecast that The Rubicon Project Inc (NYSE:RUBI) will announce ($0.13) earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for The Rubicon Project’s earnings. The Rubicon Project reported earnings of ($0.27) per share during the same quarter last year, which suggests a positive year-over-year growth rate of 51.9%. The firm is scheduled to announce its next earnings results on Wednesday, August 7th.

On average, analysts expect that The Rubicon Project will report full year earnings of ($0.33) per share for the current year, with EPS estimates ranging from ($0.34) to ($0.31). For the next fiscal year, analysts anticipate that the company will report earnings of ($0.12) per share, with EPS estimates ranging from ($0.16) to ($0.08). Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that cover The Rubicon Project.

The Rubicon Project (NYSE:RUBI) last posted its quarterly earnings results on Wednesday, May 1st. The software maker reported ($0.14) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.20) by $0.06. The Rubicon Project had a negative net margin of 35.21% and a negative return on equity of 23.77%. The business had revenue of $32.42 million during the quarter, compared to analyst estimates of $31.20 million.

RUBI has been the subject of several research reports. Zacks Investment Research lowered shares of The Rubicon Project from a “hold” rating to a “sell” rating in a report on Thursday, February 7th. B. Riley initiated coverage on shares of The Rubicon Project in a report on Wednesday, April 17th. They issued a “buy” rating and a $9.00 price target for the company. Finally, ValuEngine raised shares of The Rubicon Project from a “hold” rating to a “buy” rating in a report on Wednesday, April 24th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $7.00.

Shares of NYSE RUBI traded up $0.04 during midday trading on Friday, hitting $6.24. The company’s stock had a trading volume of 773,326 shares, compared to its average volume of 966,441. The Rubicon Project has a 1-year low of $2.19 and a 1-year high of $7.50. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.25 and a current ratio of 1.25. The firm has a market capitalization of $323.08 million, a PE ratio of -7.34 and a beta of 1.59.

In other The Rubicon Project news, CFO David Day sold 25,256 shares of the business’s stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $6.22, for a total transaction of $157,092.32. Following the completion of the transaction, the chief financial officer now directly owns 305,841 shares of the company’s stock, valued at approximately $1,902,331.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Frank Addante sold 75,000 shares of the business’s stock in a transaction dated Monday, February 25th. The shares were sold at an average price of $5.26, for a total transaction of $394,500.00. The disclosure for this sale can be found here. Insiders sold a total of 367,991 shares of company stock valued at $2,274,769 over the last ninety days. Company insiders own 10.60% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP boosted its stake in The Rubicon Project by 3.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,651,003 shares of the software maker’s stock valued at $16,118,000 after purchasing an additional 81,952 shares during the period. Vanguard Group Inc boosted its stake in The Rubicon Project by 14.2% during the 3rd quarter. Vanguard Group Inc now owns 2,105,373 shares of the software maker’s stock valued at $7,580,000 after purchasing an additional 261,187 shares during the period. Vanguard Group Inc. boosted its stake in The Rubicon Project by 14.2% during the 3rd quarter. Vanguard Group Inc. now owns 2,105,373 shares of the software maker’s stock valued at $7,580,000 after purchasing an additional 261,187 shares during the period. Royce & Associates LP boosted its stake in The Rubicon Project by 5.4% during the 4th quarter. Royce & Associates LP now owns 1,826,272 shares of the software maker’s stock valued at $6,812,000 after purchasing an additional 94,000 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in The Rubicon Project by 43.8% during the 1st quarter. Renaissance Technologies LLC now owns 1,390,089 shares of the software maker’s stock valued at $8,452,000 after purchasing an additional 423,485 shares during the period. 62.86% of the stock is owned by hedge funds and other institutional investors.

About The Rubicon Project

The Rubicon Project, Inc, together with its subsidiaries, provides technology solutions to automate the purchase and sale of digital advertising inventory for buyers and sellers in the United States and internationally. It offers applications and services for digital advertising inventory sellers, including Websites, mobile applications, and other digital media properties, to sell their advertising inventory; applications and services for buyers, such as advertisers, agencies, agency trading desks, and demand side platforms, to buy advertising inventory; and a marketplace over which such transactions are executed.

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