The Rubicon Project Company Profile (NYSE:RUBI)

The Rubicon Project trades on the New York Stock Exchange (NYSE) under the ticker symbol "RUBI."

The Rubicon Project, Inc. (NYSE:RUBI) released its quarterly earnings data on Tuesday, August, 1st. The company reported ($0.21) EPS for the quarter, missing the Zacks' consensus estimate of ($0.15) by $0.06. The business earned $42.90 million during the quarter, compared to analyst estimates of $47.98 million. The Rubicon Project had a negative net margin of 20.28% and a negative return on equity of 1.15%. The firm's revenue was down 34.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.17 EPS. View The Rubicon Project's Earnings History.

The Rubicon Project is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for The Rubicon Project.

8 analysts have issued 1 year target prices for The Rubicon Project's stock. Their forecasts range from $5.00 to $8.00. On average, they anticipate The Rubicon Project's stock price to reach $6.29 in the next twelve months. View Analyst Ratings for The Rubicon Project.

Here are some recent quotes from research analysts about The Rubicon Project stock:

• 1. According to Zacks Investment Research, "The Rubicon Project, Inc. is a global technology company that focuses to automate the buying and selling of advertising. The Company's Advertising Automation Cloud is a scalable software platform that powers and optimizes a marketplace for the real time trading of digital advertising between buyers and sellers. Its advertising automation cloud incorporates machine-learning algorithms, data processing, high volume storage, detailed analytics capabilities, and a distributed infrastructure. The Rubicon Project, Inc. is headquartered in Los Angeles, California. " (7/22/2017)
• 2. Jefferies Group LLC analysts commented, "RUBI printed inline revenue and an EBITDA beat driven by opex control during the quarter. Take rate fell sequentially and is expected to continue to decrease near term as RUBI uses pricing levers to re-gain marketshare. We continue to think that RUBI will be under near term pressure growing top line while maintaining absolute expense levels to invest in a rapidly evolving technology background." (5/8/2017)
• 3. Cantor Fitzgerald analysts commented, "4Q16 results beat very low hurdle. RUBI reported non-GAAP net revenue of $66.9M (-20.1% Y/Y), 4.5% above FactSet consensus of $64.0M, reflecting continued challenges in desktop display/header bidding, and in the context of a low hurdle to clear. EBITDA of $21.6M (32.2% margin) and adjusted EPS of $0.37 were 42%/148% above respective consensus estimates of $15.2M/$0.15. Advertising spend declines due to further deterioration in desktop and mobile web. Advertising spend decreased 18% Y/Y to $277.1M (-11% ex. static and intent marketing solutions), primarily due to a 23% decline in desktop spend (64% of total spend) and a 5% reduction in mobile spend (primarily driven by mobile web). However, this was slightly better than our $263.5M estimate. Management will no longer provide ad spend details for Orders vs. RTB. Disappointing 1Q17 guidance reflects a continuation of these trends. Due to continued deterioration in desktop display and legacy mobile web, management’s 1Q17 guidance came in well-below the Street. For 1Q17, management guided to net revenue of $41-44M (vs. cons. $54.0M), adj EBITDA of ($6-4M) (vs. cons. $9.6M), and adj EPS of ($0.26-0.22) (vs. cons. $0.09)." (3/15/2017)
• 4. Needham & Company LLC analysts commented, "Despite posting solid 4Q16 results, Rubicon's 1Q17 guidance fell below expectations. The lower guide is a result of reduced spending on the platform due to the continuing decline in the company's legacy desktop and mobile display business due to header bidding and wind down of its Intent Marketing operations. While FastLane deployments are progressing and mobile app advertising is increasing, Rubicon has yet to reach critical mass in these areas to offset the decline in these legacy businesses. While the company could enact additional cost cutting efforts given the lower revenue, we now estimate FY17 adjusted EBITDA well below FY16 levels. With the appointment of a new CEO, Michael Barrett, and a lack of visibility, management did not provide FY17 guidance." (3/15/2017)
• 5. Royal Bank Of Canada analysts commented, "RUBI reported Q4 results a bit better than expected, but with a decidedly negative near-term outlook. However, the Board brought in a new non-executive CEO in Michael Barrett (who has a history of Ad Tech turnarounds, ending with sales) while Frank Addante remains Chairman. Remaining Sector Perform, lowering PT to $7." (3/15/2017)

Some companies that are related to The Rubicon Project include Sonus Networks (SONS), NVE Corporation (NVEC), QuinStreet (QNST), AXT (AXTI), Bel Fuse (BELFB), Internap Corporation (INAP), Gilat Satellite Networks (GILT), Mitek Systems (MITK), American Software (AMSWA), Kopin Corporation (KOPN), RigNet (RNET), TechTarget (TTGT), ServiceSource International (SREV), ChannelAdvisor Corporation (ECOM), Cogint (COGT), Telenav (TNAV), Yatra Online (YTRA) and DSP Group (DSPG).

The Rubicon Project's management team includes the folowing people:

• Frank Addante, Chairman of the Board
• Michael G. Barrett, President, Chief Executive Officer, Director
• David L. Day, Chief Financial Officer, Controller, Treasurer
• Blima Tuller, Chief Accounting Officer
• Brian W. Copple, General Counsel, Corporate Secretary
• Rob Deichert Jr., Head - Global Revenue Operations
• Harry Patz Jr., Chief Revenue Officer
• Lewis W. Coleman, Director
• Gregory R. Raifman, Director
• Robert J. Frankenberg, lead Independent Director

The Rubicon Project's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Divisar Capital Management LLC (5.05%), Dimensional Fund Advisors LP (3.81%), Vanguard Group Inc. (3.49%), State Street Corp (1.86%), Prescott Group Capital Management L.L.C. (1.71%) and S&T Bank PA (1.37%). Company insiders that own The Rubicon Project stock include Brian W Copple, David Day, Frank Addante, Gregory R Raifman, Lisa L Troe and Todd L Tappin. View Institutional Ownership Trends for The Rubicon Project.

The Rubicon Project's stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, LSV Asset Management, Numeric Investors LLC, Spark Investment Management LLC, OxFORD Asset Management LLP, Cornerstone Capital Management Holdings LLC., Nordea Investment Management AB and Tudor Investment Corp ET AL. View Insider Buying and Selling for The Rubicon Project.

The Rubicon Project's stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Divisar Capital Management LLC, Marshall Wace North America L.P., Adams Asset Advisors LLC, Vanguard Group Inc., Dynamic Technology Lab Private Ltd, State Street Corp and Public Employees Retirement System of Ohio. View Insider Buying and Selling for The Rubicon Project.

Shares of The Rubicon Project can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of The Rubicon Project stock can currently be purchased for approximately $3.74.