Consumer Portfolio Services (NASDAQ:CPSS - Get Free Report)'s stock had its "sell (d)" rating restated by equities researchers at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.
Separately, Wall Street Zen raised Consumer Portfolio Services from a "hold" rating to a "buy" rating in a research report on Friday, July 18th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of "Sell".
View Our Latest Research Report on Consumer Portfolio Services
Consumer Portfolio Services Stock Performance
Shares of NASDAQ CPSS remained flat at $7.86 during trading hours on Wednesday. The stock had a trading volume of 10,677 shares, compared to its average volume of 20,024. The firm's 50 day moving average is $8.05 and its 200 day moving average is $8.80. The company has a market capitalization of $174.65 million, a PE ratio of 9.83 and a beta of 0.94. The company has a quick ratio of 8.03, a current ratio of 8.03 and a debt-to-equity ratio of 9.89. Consumer Portfolio Services has a 52-week low of $6.67 and a 52-week high of $12.73.
Consumer Portfolio Services (NASDAQ:CPSS - Get Free Report) last announced its quarterly earnings data on Monday, August 11th. The credit services provider reported $0.20 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.06). The business had revenue of $109.76 million during the quarter, compared to the consensus estimate of $109.63 million. Consumer Portfolio Services had a net margin of 4.60% and a return on equity of 6.59%. Equities analysts anticipate that Consumer Portfolio Services will post 0.85 EPS for the current year.
Insider Buying and Selling
In other news, VP Noel Jackson sold 9,369 shares of the stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $8.49, for a total value of $79,542.81. The sale was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 69.00% of the company's stock.
Institutional Trading of Consumer Portfolio Services
Several institutional investors have recently bought and sold shares of the business. Police & Firemen s Retirement System of New Jersey acquired a new stake in Consumer Portfolio Services in the second quarter valued at approximately $29,000. Geode Capital Management LLC grew its holdings in Consumer Portfolio Services by 8.5% in the second quarter. Geode Capital Management LLC now owns 212,555 shares of the credit services provider's stock valued at $2,090,000 after purchasing an additional 16,563 shares during the period. Goldman Sachs Group Inc. grew its holdings in Consumer Portfolio Services by 17.8% in the first quarter. Goldman Sachs Group Inc. now owns 31,752 shares of the credit services provider's stock valued at $275,000 after purchasing an additional 4,789 shares during the period. Voya Investment Management LLC grew its holdings in Consumer Portfolio Services by 67.3% in the first quarter. Voya Investment Management LLC now owns 24,958 shares of the credit services provider's stock valued at $216,000 after purchasing an additional 10,037 shares during the period. Finally, Empowered Funds LLC grew its holdings in Consumer Portfolio Services by 3.8% in the first quarter. Empowered Funds LLC now owns 150,808 shares of the credit services provider's stock valued at $1,308,000 after purchasing an additional 5,588 shares during the period. 47.57% of the stock is owned by institutional investors and hedge funds.
Consumer Portfolio Services Company Profile
(
Get Free Report)
Consumer Portfolio Services, Inc operates as a specialty finance company in the United States. It is involved in the purchase and service of retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans.
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