Needham & Company Maintains a 'Hold' on Coinstar (CSTR); A Dollar a Day is History

October 28, 2011 8:12 AM EDT
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Price: $20.10 --0%

Rating Summary:
    4 Buy, 11 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Needham & Company maintains a 'Hold' on Coinstar (NASDAQ: CSTR).

Needham analyst says, "Coinstar reported a solid third quarter thanks to a number of one-time benefits. The big news is that Coinstar is raising its daily DVD rental fee from $1.00 to $1.20. We’re raising our 2011 earnings estimate from $3.10 to $3.30 and maintaining a $4.00 estimate for 2012."

For more ratings news on Coinstar click here and for the rating history of Coinstar click here.

Shares of Coinstar closed at $52.95 yesterday.


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