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

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

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) released its earnings results on Thursday, October, 24th. The business services provider reported $0.25 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.23 by $0.02. The business services provider earned $141.49 million during the quarter, compared to analysts' expectations of $154 million. Altisource Portfolio Solutions had a negative net margin of 1.87% and a negative return on equity of 4.58%. The business's revenue was down 30.8% on a year-over-year basis. During the same quarter last year, the business earned $0.09 EPS. View Altisource Portfolio Solutions' Earnings History.

Altisource Portfolio Solutions is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Altisource Portfolio Solutions.

1 equities research analysts have issued twelve-month target prices for Altisource Portfolio Solutions' shares. Their forecasts range from $30.00 to $30.00. On average, they expect Altisource Portfolio Solutions' stock price to reach $30.00 in the next twelve months. This suggests a possible upside of 54.5% from the stock's current price. 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.

News articles about ASPS stock have been trending very negative this week, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Altisource Portfolio Solutions earned a news impact score of -3.0 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Altisource Portfolio Solutions.

Altisource Portfolio Solutions saw a decline in short interest in the month of December. As of December 13th, there was short interest totalling 1,970,000 shares, a decline of 5.3% from the November 28th total of 2,080,000 shares. Based on an average daily volume of 89,500 shares, the short-interest ratio is presently 22.0 days. Currently, 13.3% of the company's stock 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), Helios and Matheson Analytics (HMNY) and Cornerworld (CWRL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Altisource Portfolio Solutions investors own include New Residential Investment (NRZ), Ocwen Financial (OCN), Advanced Micro Devices (AMD), Intel (INTC), Trade Desk (TTD), EnLink Midstream (ENLC), Baidu (BIDU), NVIDIA (NVDA), Vertex Pharmaceuticals (VRTX) and Teladoc Health (TDOC).

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, Robinhood, Fidelity and Charles Schwab.

One share of ASPS stock can currently be purchased for approximately $19.42.

Altisource Portfolio Solutions has a market capitalization of $304.70 million and generates $805.48 million in revenue each year. The business services provider earns $-5,380,000.00 in net income (profit) each year or ($0.32) on an earnings per share basis. Altisource Portfolio Solutions employs 6,128 workers across the globe.View Additional Information About Altisource Portfolio Solutions.

The official website for Altisource Portfolio Solutions is http://www.altisource.com/.

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.