Coinstar, Inc. (CSTR) has received a bullish nod from the analyst community, with the next-year estimate projecting 88% earnings growth. The company’s sales have been helped by its DVD rental kiosks located outside of grocery and convenient stores.

Company Description

Coinstar, Inc. owns and operates a line of coin counting and vending machines. The company also operates DVD kiosks outside of grocery and convenient stores. Coinstar operates internationally and has a market cap of $1.01 billion.

Fourth-Quarter Results

Coinstar flexed some muscle in February when the company reported strong r fourth-quarter results that showed a big improvement from the previous year.

Revenue was up 96% to $261 million. Income came in at $4.2 million, up from a loss of $37.2 last year, producing earnings of 15 cents per share, one penny behind the consensus.

Full-Year Results

For the year, Coinstar reported sales of $911.9 million, up 67% from the previous year, with earnings of 50 cents per share, compared to a loss of 80 cents last year.

Estimates

Estimates are a bit mixed, with the longer-term projections more bullish than the shorter-term. The current-year estimate is holding steady at 76 cents per share, a bullish 28% earnings growth projection. The next-year estimate, however, is up 20 cents in the last 90 days, to $1.42 per share, an impressive 87% growth projection.

The Chart

Shares of CSTR have been locked into a really nice rally for the last 6 months after bottoming out just above $15 in early December. Take a look below.

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