Nationwide Asset Administration Inc. purchased a brand new place in Redbox Leisure Inc. (NASDAQ:RDBX – Get Ranking) through the first quarter, in keeping with the corporate in its most up-to-date 13F submitting with the Securities & Alternate Fee. The institutional investor purchased 12,500 shares of the corporate’s inventory, valued at roughly $30,000.
Various different hedge funds have additionally lately modified their holdings of the inventory. B. Riley Asset Administration LLC bought a brand new stake in shares of Redbox Leisure within the fourth quarter value about $600,000. Kepos Capital LP bought a brand new place in Redbox Leisure through the fourth quarter value roughly $815,000. Customary Common L.P. bought a brand new place in Redbox Leisure through the fourth quarter value roughly $7,260,000. Lastly, Apollo Administration Holdings L.P. bought a brand new place in Redbox Leisure through the fourth quarter value roughly $255,841,000.
Analyst Rankings Adjustments
RDBX has been the subject of quite a few current analyst experiences. Canaccord Genuity Group lowered their value goal on Redbox Leisure from $16.00 to $3.00 in a analysis report on Wednesday, April twentieth. B. Riley downgraded Redbox Leisure from a “impartial” score to a “promote” score in a analysis report on Friday, Could twenty seventh. Canaccord Genuity Group decreased their goal value on Redbox Leisure from $16.00 to $3.00 and set a “purchase” score for the corporate in a report on Wednesday, April twentieth. BTIG Analysis reduce Redbox Leisure from a “purchase” score to a “impartial” score in a report on Monday, April 18th. Lastly, Wedbush reduce Redbox Leisure from an “outperform” score to a “impartial” score in a report on Wednesday, Could eleventh. One analysis analyst has rated the inventory with a promote score, two have assigned a maintain score and two have issued a purchase score to the corporate. In keeping with information from MarketBeat.com, Redbox Leisure at present has a median score of “Maintain” and a median value goal of 9.57.
Redbox Leisure Inventory Up 16.3 %
NASDAQ:RDBX opened at 5.07 on Tuesday. Redbox Leisure Inc. has a one 12 months low of 1.61 and a one 12 months excessive of 27.22. The inventory has a 50 day shifting common value of seven.29 and a 200 day shifting common value of 4.66.
Redbox Leisure (NASDAQ:RDBX – Get Ranking) final posted its quarterly earnings outcomes on Friday, Could thirteenth. The corporate reported -0.11 EPS for the quarter, beating the consensus estimate of -1.06 by 0.95. The corporate had income of 63.23 million through the quarter, in comparison with analyst estimates of 87.99 million. As a gaggle, equities analysts forecast that Redbox Leisure Inc. will put up -1.54 earnings per share for the present fiscal 12 months.
Redbox Leisure Profile
Redbox Leisure Inc operates a community of self-service kiosks in america. It operates a community of roughly 38,000 self-service kiosks, the place shoppers may hire or buy new-release DVDs and Blu-ray Discs. The corporate gives set up, merchandising, and break-fix companies to different kiosk companies.
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