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) issued its quarterly earnings results on Tuesday, August, 1st. The company reported ($0.21) EPS for the quarter, missing analysts' consensus estimates of ($0.15) by $0.06. The business had revenue of $42.90 million for 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 Rubicon Project's revenue for the quarter was down 34.1% on a year-over-year basis. During the same period last year, the business posted $0.17 earnings per share. View The Rubicon Project's Earnings History.

The Rubicon Project is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for The Rubicon Project.

9 analysts have issued 1 year target prices for The Rubicon Project's stock. Their predictions range from $4.00 to $8.00. On average, they expect The Rubicon Project's stock price to reach $5.96 in the next year. View Analyst Ratings for The Rubicon Project.

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

• 1. B. Riley analysts commented, "We believe this further differentiates RUBI in the face of significant vendor paring by publishers and advertisers. While no financial data points were provided, according to the press release, RUBI expects to add additional partners in the near future, representing significant revenue potential." We view the release as progress in the right strategic direction although maintain our Neutral rating as the major changes implemented by new management have yet to materialize fundamentally. Analyst certification and important disclosures can be found on pages 3 – 6 of this report. This document represents an abbreviated discussion of the subject issuer and should not be used as the sole basis for an investment decision. Contact your B." (10/23/2017)
• 2. 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)
• 3. 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)
• 4. 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)
• 5. 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)

Some companies that are related to The Rubicon Project include NQ Mobile (NQ), TechTarget (TTGT), QuinStreet (QNST), Mitek Systems (MITK), ServiceSource International (SREV), Vishay Precision Group (VPG), RigNet (RNET), Yatra Online (YTRA), USA Technologies (USAT), DSP Group (DSPG), ChannelAdvisor Corporation (ECOM), Simulations Plus (SLP), Calix (CALX), Digi International (DGII), Telenav (TNAV), Global Eagle Entertainment (ENT), Zix Corporation (ZIXI) and Radcom (RDCM).

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 institutional and retail investors. Top institutional investors include Nationwide Fund Advisors (0.22%). 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 Nationwide Fund Advisors. 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 $3.38.