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

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$22.96 -0.72 (-3.04 %)
(As of 04/26/2019 12:07 PM ET)
Previous Close$23.68
Today's Range$22.96 - $23.73
52-Week Range$19.36 - $37.86
Volume1,080 shs
Average Volume75,876 shs
Market Capitalization$374.45 million
P/E RatioN/A
Dividend YieldN/A
Beta1.05
Altisource Portfolio Solutions S.A. operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States and internationally. It operates in two segments, Mortgage Market and Real Estate Market. The company offers property preservation and inspection, real estate brokerage and auction, title insurance and settlement, appraisal management, broker and non-broker valuation, foreclosure trustee, mortgage charge-off collection, residential and commercial loan disbursement processing, and residential and commercial construction inspection and risk mitigation services, as well as valuation data; residential and commercial loan servicing, vendor management, marketplace transaction and payment management, and default services technologies; and document management platform. It also provides fulfillment, loan certification, and mortgage banker cooperative management services; loan origination system; loan certification and mortgage fraud insurance; and vendor management oversight platform. In addition, the company offers mortgage brokerage and homeowners insurance solutions; and buy-renovate-lease-sell and data solutions, as well as real estate brokerage services under the Owners.com name. Further, it provides post-charge-off consumer debt collection services, customer relationship management services, and information technology infrastructure management services. The company serves financial institutions, government-sponsored enterprises, utility companies, commercial banks, servicers, investors, non-bank originators, correspondent lenders, mortgage bankers, insurance companies, and financial services companies. Altisource Portfolio Solutions S.A. was incorporated in 1999 and is headquartered in Luxembourg City, Luxembourg.

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Industry, Sector and Symbol

Industry Miscellaneous business services
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:ASPS
CUSIPN/A
Phone352-2469-7900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$805.48 million
Cash Flow$3.1495 per share
Book Value$17.46 per share

Profitability

Net Income$-5,380,000.00

Miscellaneous

Employees6,128
Market Cap$374.45 million
Next Earnings Date7/25/2019 (Estimated)
OptionableOptionable

Altisource Portfolio Solutions (NASDAQ:ASPS) Frequently Asked Questions

What is Altisource Portfolio Solutions' stock symbol?

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

How were Altisource Portfolio Solutions' earnings last quarter?

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) announced its earnings results on Thursday, April, 25th. The business services provider reported ($0.20) earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of ($0.20). The business services provider had revenue of $169.90 million for the quarter, compared to analyst estimates of $167.20 million. Altisource Portfolio Solutions had a negative net margin of 0.65% and a positive return on equity of 2.35%. Altisource Portfolio Solutions's revenue was down 13.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.24) earnings per share. View Altisource Portfolio Solutions' Earnings History.

When is Altisource Portfolio Solutions' next earnings date?

Altisource Portfolio Solutions is scheduled to release their next quarterly earnings announcement on Thursday, July 25th 2019. View Earnings Estimates for Altisource Portfolio Solutions.

What are Wall Street analysts saying about Altisource Portfolio Solutions stock?

Here are some recent quotes from research analysts about Altisource Portfolio Solutions stock:
  • 1. Northland Securities analysts commented, "We believe this was lower buy-renovate-sell revenues, property management, originations and non-OCN servicing onboarding delays. Key Points The highlight remains the Project Catalyst or cost reduction plan to eliminate $65M to $90M of annual costs by 2020, though with various business and asset sales the number is a little bit in motion. ASPS will focus on headcount, moving data to cloud, facilities, greater efficiencies and hopes to get half of the savings in 2019 and full benefit in 2020. We believe this was long overdue and helps drive better 2019 results. This resulted in $11.6M of severance and other costs during 2018 and $4.4M in 1Q19 but also helped lower compensation and benefits cost $15.7M or 23% y/y. . As we had previously noted, for ASPS to be successful again and offset the roughly $55M hole of Adj." (4/25/2019)
  • 2. According to Zacks Investment Research, "Altisource Portfolio Solutions S.A., together with its subsidiaries, is engaged in provision of real estate mortgage portfolio management and related technology products, as well as asset recovery and customer relationship management services. The Company has three segments: Mortgage Services, Financial Services and Technology Products. Mortgage Services provides valuation, real estate sales, default processing services, property inspection and preservation services, homeowner outreach, closing and title services and knowledge process outsourcing services. Financial Services comprises the Company's asset recovery management and customer relationship management offerings to the financial services, consumer products, telecommunications and utilities industries. Technology Products is engaged in the design, development and delivery of technology products and services to the mortgage industry. " (12/27/2018)

Has Altisource Portfolio Solutions been receiving favorable news coverage?

News headlines about ASPS stock have been trending somewhat positive on Friday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Altisource Portfolio Solutions earned a news impact score of 2.0 on InfoTrie's scale. They also assigned news coverage about the business services provider a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the company's share price in the near term.

Who are some of Altisource Portfolio Solutions' key competitors?

What other stocks do shareholders of Altisource Portfolio Solutions own?

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

Who are Altisource Portfolio Solutions' key executives?

Altisource Portfolio Solutions' management team includes the folowing people:
  • Mr. William B. Shepro, CEO & Director (Age 49)
  • Ms. Michelle D. Esterman, Chief Financial Officer (Age 46)
  • Mr. Kevin J. Wilcox, Chief Admin. & Risk Officer and Corp. Sec. (Age 55)
  • Mr. Gregory J. Ritts, Chief Legal & Compliance Officer (Age 50)
  • Mr. Indroneel Chatterjee, Sr. VP of New Bus. Initiatives (Age 38)

Who are Altisource Portfolio Solutions' major shareholders?

Altisource Portfolio Solutions' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BNP Paribas Arbitrage SA (0.01%). Company insiders that own Altisource Portfolio Solutions stock include Deer Park Road Management Comp, Indroneel Chatterjee and Orin S Kramer. View Institutional Ownership Trends for Altisource Portfolio Solutions.

Which major investors are buying Altisource Portfolio Solutions stock?

ASPS stock was acquired by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA. Company insiders that have bought Altisource Portfolio Solutions stock in the last two years include Deer Park Road Management Comp, Indroneel Chatterjee and Orin S Kramer. View Insider Buying and Selling for Altisource Portfolio Solutions.

How do I buy shares of 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.

What is Altisource Portfolio Solutions' stock price today?

One share of ASPS stock can currently be purchased for approximately $22.96.

How big of a company is Altisource Portfolio Solutions?

Altisource Portfolio Solutions has a market capitalization of $374.45 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.

What is Altisource Portfolio Solutions' official website?

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

How can I contact Altisource Portfolio Solutions?

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.


MarketBeat Community Rating for Altisource Portfolio Solutions (NASDAQ ASPS)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  149 (Vote Outperform)
Underperform Votes:  212 (Vote Underperform)
Total Votes:  361
MarketBeat's community ratings are surveys of what our community members think about Altisource Portfolio Solutions and other stocks. Vote "Outperform" if you believe ASPS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ASPS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/26/2019 by MarketBeat.com Staff

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