CSTR Coinstar, Inc. featured news, full reports, and detailed charts
Coinstar, Inc. (CSTR) Wrap Up:
We are a multi-national company offering a range of solutions for retailers’ storefronts consisting of self-service coin counting; entertainment services such as skill-crane machines, bulk vending machines and kiddie rides; and e-payment services such as money transfer services, prepaid wireless products, stored value cards, payroll cards, and prepaid debit cards. In addition, we offer self-service DVD kiosks where consumers can rent or purchase movies. We launched our business in North America with the installation of the first Coinstar® coin-counting machine in the early 1990s and in 2001 we began offering our coin services in the United Kingdom. Since inception, our coin-counting machines have counted and processed more than 345 billion coins worth more than $18.6 billion in more than 505 million transactions. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f02%2f29%2f0000950134-08-003747.html#FIS_BUSINESS"Coinstar Inc. (CSTR:NASDAQ)
Snapshot of Coinstar Inc. (CSTR)
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OPEN
$26.24
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PREVIOUS CLOSE
$26.25
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DAY HIGH
$26.55
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DAY LOW
$26.13
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52 WEEK HIGH
08/5/09 - $38.28
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52 WEEK LOW
12/5/08 - $15.71
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MARKET CAP
823.2M
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AVERAGE VOLUME 3 mo
1.3M
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DILUTED EPS TTM
$1.78
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SHARES OUTSTANDING
31.1M
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CSTR Does Not Pay Dividends
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P/E TTM
14.9x
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| K = Thousands M = Millions B = Billions | ||
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CSTR Top Compensated Officers
Executives, Board Directors
Key developments for Coinstar Inc. (CSTR)
Coinstar Inc. reported unaudited consolidated financial results for the third quarter and nine months ended September 30, 2009. For the quarter, the company's revenue totaled $296.0 million, an increase of 45.5% compared with revenue of $203.5 million in the third quarter of 2008. Income from operations for the quarter was $27.1 million, resulting in a 9.2% operating margin, compared with income from operations of $20.2 million and a 9.9% operating margin in the third quarter of 2008. Income from continuing operations was $9.7 million, or $0.31 per diluted share, an increase of 22.5% compared with income from continuing operations of $7.9 million, or $0.27 per diluted share, in the third quarter of 2008. Net income attributable to company was $41.4 million, or $1.34 per diluted share, compared with net income attributable to company of $4.5 million, or $0.16 per diluted share, in the third quarter of 2008. Capital expenditures were $29.6 million, compared with $49.5 million in the third quarter of 2008. Income from continuing operations before income taxes was $16.4 million against $14.2 million a year ago. For the nine months, the company's income from continuing operations was $25.9 million against $23.6 million a year ago. Adjusted EBITDA from continuing operations was $147.6 million against $106.2 million a year ago. Revenue was $816.8 million against $533.8 million a year ago. Income from operations was $67.9 million against $54.9 million a year ago. Income from continuing operations before income taxes was $42.1 million against $36.8 million a year ago. Net income attributable to company was $50.3 million or $1.66 diluted per share against $9.9 million or $0.35 diluted per share a year ago. Net cash provided by operating activities from continuing operations was $43.1 million against $107.4 million a year ago. Purchase of property and equipment was $105.1 million against $115.7 million a year ago. The company provided earnings guidance for the full year 2009. For the year, the company expects revenue in the range of $1.115 to $1.165 billion. Adjusted EBITDA from continuing operations expected to be in the range of $200 to $210 million. Fully diluted basis, it expects GAAP EPS from continuing operations in the range of $0.98 to $1.04 and GAAP EPS attributable to company in the range of $1.90 to $1.96.
On November 3, 2009, in connection with John Harvey's resignation as Chief Financial Officer of Coinstar Inc. effective November 9, 2009, the company's Board of Directors appointed James A. Blanda as Interim Chief Financial Officer effective November 10, 2009. Mr. Blanda is a partner with Tatum, LLC, an executive services and consulting firm, which he joined in 2004, and has been providing financial consulting services to the company under the Tatum Agreement since September 29, 2009. Mr. Blanda intends to remain a Tatum partner while serving as Interim Chief Financial Officer of the company.
Coinstar Inc. reported earnings results for the third quarter ended September 30, 2009. For the quarter, the company reported the Adjusted EBITDA from continuing operations was $54.9 million compared with $39.2 million last year. The company provided earnings guidance for the full year 2009. The company expects capital expenditure for the full year in the range of $150.0 million to $160.0 million, which is lower than guidance provided last quarter as a result of removing both the capital expenditure to its entertainment business, as well as approximately $9.0 million in direct DVD Kiosks leases executed in the third quarter.
CSTR Competitors
| Company | Last | Change |
| Blockbuster Inc | $0.74 USD | -0.01 |
| IDT Corp | $3.42 USD | +0.118 |
| NCR Corp | $10.11 USD | +0.12 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | CSTR | Industry Range |
| Price/Earnings | 33.4x |
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| Price/Sales | 0.7x |
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| Price/Book | 2.0x |
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| Price/Cash Flow | 5.0x |
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| TEV/Sales | 0.2x |
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CSTR |
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CSTR transactions
| Type Date |
Target |
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Merger/Acquisition
September 8, 2009 |
Coinstar Entertainment Services Inc. |
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Private Placement
July 21, 2009 |
TIO Networks Corp. |
