Consumer Portfolio Services (NASDAQ:CPSS) Shares Cross Above 200 Day Moving Average - Time to Sell?

Key Points

• Shares crossed above its 200‑day moving average (200‑day MA $8.40), trading as high as $8.66 and last at $8.43 on roughly 11,958 shares exchanged.
• Analyst sentiment is negative: Weiss Ratings reaffirmed a Sell (d+) and MarketBeat shows an average rating of Sell.
• Fundamentals and insider activity raise concerns: the latest quarter missed EPS ($0.21 vs. $0.23) with a large revenue shortfall, the company shows a high debt‑to‑equity ratio (10.20), and a director sold 20,000 shares while insiders collectively own 63.7%.

Consumer Portfolio Services, Inc. (NASDAQ:CPSS - Get Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $8.40 and traded as high as $8.66. Consumer Portfolio Services shares last traded at $8.43, with a volume of 11,958 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Consumer Portfolio Services in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of "Sell".

Consumer Portfolio Services Stock Performance

The stock's 50-day moving average price is $8.09 and its 200 day moving average price is $8.40. The company has a debt-to-equity ratio of 10.20, a current ratio of 9.81 and a quick ratio of 9.81. The firm has a market cap of $183.44 million, a P/E ratio of 10.54 and a beta of 1.08.

Consumer Portfolio Services (NASDAQ:CPSS - Get Free Report) last announced its quarterly earnings data on Tuesday, March 10th. The credit services provider reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.23 by ($0.02). The business had revenue of $50.11 million during the quarter, compared to the consensus estimate of $110.64 million. Consumer Portfolio Services had a return on equity of 6.34% and a net margin of 4.45%. As a group, equities analysts predict that Consumer Portfolio Services, Inc. will post 1.45 EPS for the current year.

Insider Activity at Consumer Portfolio Services

In other news, Director Daniel S. Wood sold 20,000 shares of the business's stock in a transaction on Friday, March 13th. The shares were sold at an average price of $7.53, for a total value of $150,600.00. Following the sale, the director owned 194,943 shares of the company's stock, valued at $1,467,920.79. The trade was a 9.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 63.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Consumer Portfolio Services

Institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC increased its holdings in Consumer Portfolio Services by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 221,565 shares of the credit services provider's stock worth $2,067,000 after buying an additional 3,604 shares during the last quarter. Empowered Funds LLC increased its holdings in Consumer Portfolio Services by 3.8% during the first quarter. Empowered Funds LLC now owns 150,808 shares of the credit services provider's stock worth $1,308,000 after buying an additional 5,588 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in Consumer Portfolio Services by 6,347.2% during the fourth quarter. Russell Investments Group Ltd. now owns 97,740 shares of the credit services provider's stock worth $912,000 after buying an additional 96,224 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in Consumer Portfolio Services by 3.4% during the first quarter. Janney Montgomery Scott LLC now owns 51,003 shares of the credit services provider's stock worth $394,000 after buying an additional 1,672 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in Consumer Portfolio Services by 17.8% during the first quarter. Goldman Sachs Group Inc. now owns 31,752 shares of the credit services provider's stock worth $275,000 after buying an additional 4,789 shares during the last quarter. Institutional investors own 47.57% of the company's stock.

About Consumer Portfolio Services

Consumer Portfolio Services, Inc is a specialty finance company focused on originating and servicing retail installment contracts for the automotive industry. The company primarily serves subprime and near-prime borrowers by partnering with a network of franchised and independent auto dealers across the United States. By providing flexible financing solutions, CPS seeks to expand vehicle ownership opportunities for customers who may not qualify for traditional prime auto loans.

CPS operates through two principal segments: loan origination and servicing.

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