Coinstar Stock Gaps Up On Today's Open (CSTR)

NEW YORK ( TheStreet) -- Shares of Coinstar (Nasdaq: CSTR) were gapping up Tuesday morning with an open price 20.1% higher than Monday's closing price. The stock closed at $50.56 Monday and opened today's trading at $60.74.

The average volume for Coinstar has been one million shares per day over the past 30 days. Coinstar has a market cap of $1.46 billion and is part of the services sector and specialty retail industry. Shares are up 8.8% year to date as of the close of trading on Monday.

Coinstar, Inc., through its subsidiaries, provides automated retail solutions primarily in the United States, Canada, Puerto Rico, the United Kingdom, and Ireland. The company has a P/E ratio of 15.1, below the average specialty retail industry P/E ratio of 18.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Coinstar as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Coinstar Ratings Report.

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