Equities analysts predict that The Rubicon Project, Inc. (NYSE:RUBI) will post earnings of ($0.19) per share for the current quarter, Zacks reports. Three 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 of $0.32 per share during the same quarter last year, which indicates a negative year over year growth rate of 159.4%. The firm is scheduled to issue its next earnings report on Wednesday, November 1st.

According to Zacks, analysts expect that The Rubicon Project will report full year earnings of ($0.51) per share for the current year, with EPS estimates ranging from ($0.71) to ($0.39). For the next year, analysts anticipate that the company will post earnings of ($0.61) 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 firms that that provide coverage for The Rubicon Project.

The Rubicon Project (NYSE:RUBI) last posted its earnings results on Tuesday, August 1st. The software maker reported ($0.21) 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 company had revenue of $42.90 million during the quarter, compared to the consensus estimate of $47.98 million. During the same period last year, the firm posted $0.17 EPS. The company’s revenue for the quarter was down 34.1% on a year-over-year basis.

A number of analysts have recently weighed in on RUBI shares. ValuEngine lowered shares of The Rubicon Project from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st. Zacks Investment Research upgraded shares of The Rubicon Project from a “hold” rating to a “buy” rating and set a $5.50 price objective on the stock in a research note on Thursday, July 13th. BidaskClub lowered shares of The Rubicon Project from a “hold” rating to a “sell” rating in a research note on Saturday, July 8th. Needham & Company LLC reiterated a “hold” rating on shares of The Rubicon Project in a research note on Thursday, August 24th. Finally, Citigroup Inc. cut their price objective on shares of The Rubicon Project from $6.00 to $4.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 26th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $6.10.

Institutional investors and hedge funds have recently bought and sold shares of the business. Voya Investment Management LLC lifted its holdings in The Rubicon Project by 29.6% during the second quarter. Voya Investment Management LLC now owns 20,823 shares of the software maker’s stock valued at $107,000 after purchasing an additional 4,760 shares in the last quarter. Teton Advisors Inc. lifted its holdings in The Rubicon Project by 94.2% during the second quarter. Teton Advisors Inc. now owns 23,500 shares of the software maker’s stock valued at $121,000 after purchasing an additional 11,400 shares in the last quarter. American International Group Inc. lifted its holdings in The Rubicon Project by 7.0% during the first quarter. American International Group Inc. now owns 22,916 shares of the software maker’s stock valued at $135,000 after purchasing an additional 1,509 shares in the last quarter. SG Americas Securities LLC purchased a new position in The Rubicon Project during the second quarter valued at $143,000. Finally, Wells Fargo & Company MN lifted its holdings in The Rubicon Project by 7.3% during the second quarter. Wells Fargo & Company MN now owns 30,922 shares of the software maker’s stock valued at $158,000 after purchasing an additional 2,103 shares in the last quarter. 62.45% of the stock is currently owned by institutional investors and hedge funds.

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Shares of The Rubicon Project (RUBI) traded down 2.37% during midday trading on Wednesday, hitting $3.70. 216,611 shares of the stock were exchanged. The stock’s market cap is $181.48 million. The Rubicon Project has a 12 month low of $3.38 and a 12 month high of $9.16. The firm’s 50-day moving average is $3.83 and its 200-day moving average is $4.88.

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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