Wall Street analysts expect The Rubicon Project, Inc. (NYSE:RUBI) to announce earnings of ($0.09) per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for The Rubicon Project’s earnings. The highest EPS estimate is $0.01 and the lowest is ($0.16). The Rubicon Project posted earnings of $0.32 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 128.1%. The business is expected to announce its next earnings report on Wednesday, November 1st.

According to Zacks, analysts expect that The Rubicon Project will report full year earnings of ($0.30) per share for the current fiscal year, with EPS estimates ranging from ($0.53) to $0.03. For the next fiscal year, analysts expect that the firm will post earnings of ($0.33) per share, with EPS estimates ranging from ($0.62) to ($0.16). 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 released its quarterly earnings data 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 net margin of 20.28% and a negative return on equity of 1.15%. The business had revenue of $42.90 million during the quarter, compared to analyst estimates of $47.98 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The company’s revenue was down 34.1% on a year-over-year basis.

RUBI has been the subject of several recent research reports. ValuEngine downgraded shares of The Rubicon Project from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd. Royal Bank Of Canada reissued a “hold” rating and issued a $6.00 target price on shares of The Rubicon Project in a research report on Monday, June 5th. Zacks Investment Research raised shares of The Rubicon Project from a “hold” rating to a “buy” rating and set a $5.50 target price for the company in a research report on Thursday, July 13th. BidaskClub downgraded shares of The Rubicon Project from a “hold” rating to a “sell” rating in a research report on Saturday, July 8th. Finally, Needham & Company LLC reissued a “hold” rating on shares of The Rubicon Project in a research report on Thursday. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $7.79.

Several hedge funds have recently bought and sold shares of the company. Virginia Retirement Systems ET AL increased its stake in The Rubicon Project by 8.7% in the first quarter. Virginia Retirement Systems ET AL now owns 29,900 shares of the software maker’s stock valued at $176,000 after buying an additional 2,400 shares in the last quarter. Engineers Gate Manager LP increased its stake in The Rubicon Project by 37.3% in the first quarter. Engineers Gate Manager LP now owns 52,660 shares of the software maker’s stock valued at $310,000 after buying an additional 14,297 shares in the last quarter. Swiss National Bank increased its stake in The Rubicon Project by 9.7% in the first quarter. Swiss National Bank now owns 56,400 shares of the software maker’s stock valued at $332,000 after buying an additional 5,000 shares in the last quarter. Bank of New York Mellon Corp increased its stake in The Rubicon Project by 3.4% in the first quarter. Bank of New York Mellon Corp now owns 195,044 shares of the software maker’s stock valued at $1,149,000 after buying an additional 6,413 shares in the last quarter. Finally, LSV Asset Management increased its stake in The Rubicon Project by 59.9% in the first quarter. LSV Asset Management now owns 735,924 shares of the software maker’s stock valued at $4,334,000 after buying an additional 275,724 shares in the last quarter. 62.56% of the stock is owned by institutional investors and hedge funds.

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The Rubicon Project (NYSE RUBI) opened at 3.73 on Monday. The Rubicon Project has a 12-month low of $3.38 and a 12-month high of $9.31. The company has a 50-day moving average price of $4.42 and a 200-day moving average price of $5.77. The firm’s market capitalization is $182.95 million.

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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