Altisource Portfolio Solutions (ASPS) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altisource Portfolio Solutions in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ASPS shares.
View ASPS analyst ratings or view top-rated stocks.

Altisource Portfolio Solutions' stock was trading at $9.46 on January 1st, 2023. Since then, ASPS stock has decreased by 46.6% and is now trading at $5.05.
View the best growth stocks for 2023 here.

Altisource Portfolio Solutions saw a decrease in short interest in May. As of May 15th, there was short interest totaling 803,400 shares, a decrease of 10.0% from the April 30th total of 892,500 shares. Based on an average daily volume of 142,900 shares, the days-to-cover ratio is presently 5.6 days. Currently, 11.9% of the company's shares are sold short.
View Altisource Portfolio Solutions' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our ASPS earnings forecast.

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) released its earnings results on Thursday, March, 30th. The business services provider reported ($0.51) EPS for the quarter, topping the consensus estimate of ($0.69) by $0.18. The business services provider had revenue of $32.81 million for the quarter, compared to analyst estimates of $38.60 million.

757 employees have rated Altisource Portfolio Solutions Chief Executive Officer William B. Shepro on Glassdoor.com. William B. Shepro has an approval rating of 53% among the company's employees. This puts William B. Shepro in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 52.0% of employees surveyed would recommend working at Altisource Portfolio Solutions to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Altisource Portfolio Solutions investors own include Overstock.com (OSTK), NVIDIA (NVDA), Boeing (BA), Main Street Capital (MAIN), Mastercard (MA), OPKO Health (OPK), QUALCOMM (QCOM), Vector Group (VGR), Eldorado Resorts (ERI) and Pure Storage (PSTG).

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

Altisource Portfolio Solutions' stock is owned by a number of retail and institutional investors. Top institutional investors include Cannell Capital LLC (3.43%), Renaissance Technologies LLC (2.25%), BlackRock Inc. (0.76%), Susquehanna International Group LLP (0.00%), Springhouse Capital Management LP (0.30%) and Integrated Wealth Concepts LLC (0.19%). Insiders that own company stock include Deer Park Road Management Comp and William B Shepro.
View institutional ownership trends.

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

One share of ASPS stock can currently be purchased for approximately $5.05.

Altisource Portfolio Solutions (NASDAQ:ASPS) has a market capitalization of $105.12 million and generates $153.07 million in revenue each year. The business services provider earns $-53,420,000.00 in net income (profit) each year or ($3.25) on an earnings per share basis.

The company employs 1,496 workers across the globe.

Altisource Portfolio Solutions' mailing address is 40 AVENUE MONTEREY, GRAND DUCHY OF LUXEMBOURG N4, 2163. The official website for the company is www.altisource.com. The business services provider can be reached via phone at (522) 060-2055.