Brokerages expect The Rubicon Project, Inc. (NYSE:RUBI) to report ($0.14) earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for The Rubicon Project’s earnings, with the highest EPS estimate coming in at ($0.11) and the lowest estimate coming in at ($0.16). The Rubicon Project posted earnings per share of $0.32 in the same quarter last year, which indicates a negative year-over-year growth rate of 143.8%. The company is expected to issue its next earnings report on Wednesday, November 1st.

On average, analysts expect that The Rubicon Project will report full year earnings of ($0.40) per share for the current fiscal year, with EPS estimates ranging from ($0.53) to ($0.29). For the next fiscal year, analysts forecast that the business will post earnings of ($0.34) per share, with EPS estimates ranging from ($0.62) to ($0.16). Zacks’ earnings per share calculations are a mean average based on a survey of analysts that cover The Rubicon Project.

The Rubicon Project (NYSE:RUBI) last issued its 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 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 analyst estimates of $47.98 million. During the same period in the previous year, the company earned $0.17 EPS. The Rubicon Project’s revenue for the quarter was down 34.1% on a year-over-year basis.

Several brokerages have issued reports on RUBI. Jefferies Group LLC reaffirmed a “hold” rating and set a $7.25 price target on shares of The Rubicon Project in a research note on Monday, May 8th. BidaskClub lowered The Rubicon Project from a “hold” rating to a “sell” rating in a research note on Saturday, July 8th. ValuEngine lowered The Rubicon Project from a “hold” rating to a “sell” rating in a research note on Friday, June 2nd. B. Riley reaffirmed a “neutral” rating and set a $5.00 price target on shares of The Rubicon Project in a research note on Monday, August 7th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of The Rubicon Project in a research note on Thursday, August 24th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company’s stock. The Rubicon Project currently has an average rating of “Hold” and a consensus target price of $7.79.

Shares of The Rubicon Project (NYSE RUBI) traded up 0.53% during trading on Monday, reaching $3.78. The company’s stock had a trading volume of 113,836 shares. The stock’s 50-day moving average is $4.42 and its 200-day moving average is $5.77. The stock’s market cap is $185.40 million. The Rubicon Project has a 12-month low of $3.38 and a 12-month high of $9.31.

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Large investors have recently added to or reduced their stakes in the stock. Voya Investment Management LLC raised its stake in The Rubicon Project by 29.6% in the second quarter. Voya Investment Management LLC now owns 20,823 shares of the software maker’s stock worth $107,000 after buying an additional 4,760 shares during the period. UBS Asset Management Americas Inc. increased its position in shares of 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 worth $111,000 after buying an additional 1,300 shares in the last quarter. Teton Advisors Inc. increased its position in shares of The Rubicon Project by 94.2% in the second quarter. Teton Advisors Inc. now owns 23,500 shares of the software maker’s stock worth $121,000 after buying an additional 11,400 shares in the last quarter. American International Group Inc. increased its position in shares of The Rubicon Project by 7.0% in the first quarter. American International Group Inc. now owns 22,916 shares of the software maker’s stock worth $135,000 after buying an additional 1,509 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of The Rubicon Project during the second quarter worth about $143,000. 62.56% of the stock is owned by institutional investors.

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.

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