NASDAQ:ASPS - Altisource Portfolio Solutions Stock Price, News, & Analysis

Altisource Portfolio Solutions trades on the NASDAQ under the ticker symbol "ASPS."

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) announced its quarterly earnings data on Thursday, July, 26th. The business services provider reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by $0.05. The business services provider earned $218.56 million during the quarter, compared to the consensus estimate of $225 million. Altisource Portfolio Solutions had a return on equity of 12.90% and a net margin of 34.66%. The firm's revenue for the quarter was down 12.8% compared to the same quarter last year. During the same period last year, the company earned $0.48 EPS. View Altisource Portfolio Solutions' Earnings History.

Altisource Portfolio Solutions is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Altisource Portfolio Solutions.

1 equities research analysts have issued 1 year price targets for Altisource Portfolio Solutions' shares. Their forecasts range from $26.00 to $26.00. On average, they anticipate Altisource Portfolio Solutions' stock price to reach $26.00 in the next year. This suggests that the stock has a possible downside of 28.0%. View Analyst Price Targets for Altisource Portfolio Solutions.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altisource Portfolio Solutions in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Altisource Portfolio Solutions.

Altisource Portfolio Solutions saw a drop in short interest in the month of July. As of July 31st, there was short interest totalling 3,288,026 shares, a drop of 2.1% from the July 13th total of 3,358,525 shares. Based on an average daily trading volume, of 65,785 shares, the days-to-cover ratio is currently 50.0 days. Currently, 41.9% of the shares of the company are short sold. View Altisource Portfolio Solutions' Current Options Chain.

Some companies that are related to Altisource Portfolio Solutions include NV5 Global (NVEE), Donnelley Financial Solutions (DFIN), Performant Financial (PFMT), Applied DNA Sciences (APDN), Ascent Capital Group Inc Series A (ASCMA), Solis Tek (SLTK), Cornerworld (CWRL) and Helios and Matheson Analytics (HMNY).

Headlines about ASPS stock have been trending somewhat positive on Monday, according to Accern Sentiment. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Altisource Portfolio Solutions earned a news impact score of 0.18 on Accern's scale. They also gave news stories about the business services provider an impact score of 48.09 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Altisource Portfolio Solutions.

Altisource Portfolio Solutions' stock is owned by many different of retail and institutional investors. Top institutional investors include Putnam Investments LLC (11.70%), BlackRock Inc. (4.68%), Renaissance Technologies LLC (3.30%), Dimensional Fund Advisors LP (1.92%), Schwab Charles Investment Management Inc. (0.95%) and CQS Cayman LP (0.56%). Company insiders that own Altisource Portfolio Solutions stock include Deer Park Road Management Comp, Indroneel Chatterjee, Leon G Cooperman, Orin S Kramer, W Michael Linn and William B Shepro. View Institutional Ownership Trends for Altisource Portfolio Solutions.

ASPS stock was sold by a variety of institutional investors in the last quarter, including Putnam Investments LLC, State Board of Administration of Florida Retirement System, California Public Employees Retirement System, Dimensional Fund Advisors LP and Investment Management of Virginia LLC. View Insider Buying and Selling for Altisource Portfolio Solutions.

ASPS stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, CQS Cayman LP, BlackRock Inc., Schwab Charles Investment Management Inc. and Russell Investments Group Ltd.. Company insiders that have bought Altisource Portfolio Solutions stock in the last two years include Deer Park Road Management Comp, Indroneel Chatterjee, Orin S Kramer and William B Shepro. View Insider Buying and Selling for Altisource Portfolio Solutions.

Shares of ASPS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ASPS stock can currently be purchased for approximately $36.12.

Altisource Portfolio Solutions has a market capitalization of $605.94 million and generates $899.56 million in revenue each year. The business services provider earns $308.89 million in net income (profit) each year or $2.80 on an earnings per share basis. Altisource Portfolio Solutions employs 7,428 workers across the globe.

Altisource Portfolio Solutions' mailing address is 40 AVENUE MONTEREY, GRAND DUCHY OF LUXEMBOURG N4, 2163. The business services provider can be reached via phone at 352-2469-7900.