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

NEW YORK ( TheStreet) -- Shares of Coinstar (Nasdaq: CSTR) were gapping up Friday morning with an open price 12.9% higher than Thursday's closing price. The stock closed at $61.31 Thursday and opened today's trading at $69.23.

The average volume for Coinstar has been 1.4 million shares per day over the past 30 days. Coinstar has a market cap of $1.94 billion and is part of the services sector and specialty retail industry. Shares are up 38.4% year to date as of the close of trading on Thursday.

Coinstar, Inc., through its subsidiaries, provides automated retail solutions primarily in the United States, Canada, Puerto Rico, Ireland, and the United Kingdom. The company has a P/E ratio of 17.5, below the average specialty retail industry P/E ratio of 19.2 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 good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Coinstar Ratings Report.

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