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

$20.97
-0.23 (-1.08 %)
(As of 09/22/2019 04:00 PM ET)
Today's Range
$20.91
Now: $20.97
$21.39
50-Day Range
$18.77
MA: $20.15
$22.37
52-Week Range
$18.31
Now: $20.97
$34.65
Volume52,178 shs
Average Volume54,439 shs
Market Capitalization$335.52 million
P/E RatioN/A
Dividend YieldN/A
Beta1.07
Altisource Portfolio Solutions SA 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. Read More…

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$3.2311 per share
Book Value$17.46 per share

Profitability

Net Income$-5,380,000.00

Miscellaneous

Employees6,128
Market Cap$335.52 million
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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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) released its earnings results on Thursday, July, 25th. The business services provider reported ($0.36) EPS for the quarter, missing the Zacks' consensus estimate of $0.56 by $0.92. The business services provider had revenue of $196.54 million for the quarter, compared to analyst estimates of $169.90 million. Altisource Portfolio Solutions had a negative return on equity of 3.95% and a negative net margin of 1.52%. The company's revenue for the quarter was down 10.1% compared to the same quarter last year. During the same period last year, the firm earned $0.60 EPS. 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, October 24th 2019. View Earnings Estimates for Altisource Portfolio Solutions.

What price target have analysts set for ASPS?

1 Wall Street analysts have issued 1 year target prices for Altisource Portfolio Solutions' stock. Their predictions range from $30.00 to $30.00. On average, they expect Altisource Portfolio Solutions' share price to reach $30.00 in the next twelve months. This suggests a possible upside of 43.1% from the stock's current price. View Analyst Price Targets for Altisource Portfolio Solutions.

What is the consensus analysts' recommendation 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.

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. 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. " (7/31/2019)
  • 2. 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)

Has Altisource Portfolio Solutions been receiving favorable news coverage?

Media coverage about ASPS stock has trended somewhat negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Altisource Portfolio Solutions earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Altisource Portfolio Solutions.

Are investors shorting Altisource Portfolio Solutions?

Altisource Portfolio Solutions saw a increase in short interest in the month of August. As of August 15th, there was short interest totalling 1,785,800 shares, an increase of 25.7% from the July 15th total of 1,420,600 shares. Based on an average daily trading volume, of 85,400 shares, the short-interest ratio is presently 20.9 days. Currently, 21.2% of the shares of the stock are short sold. View Altisource Portfolio Solutions' Current Options Chain.

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), Advanced Micro Devices (AMD), Intel (INTC), EnLink Midstream (ENLC), Baidu (BIDU), NVIDIA (NVDA), Oclaro (OCLR), Trade Desk (TTD) and Vertex Pharmaceuticals (VRTX).

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. Marcello Mastioni, Chief Operating Officer (Age 44)
  • Mr. Kevin J. Wilcox, Chief Admin. & Risk Officer and Corp. Sec. (Age 55)
  • Mr. Gregory J. Ritts, Chief Legal & Compliance Officer (Age 50)

Who are Altisource Portfolio Solutions' major shareholders?

Altisource Portfolio Solutions' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Cooperman Leon G (5.92%), Vanguard Group Inc. (5.77%), BlackRock Inc. (3.93%), Renaissance Technologies LLC (3.42%), Putnam Investments LLC (2.95%) and Man Group plc (1.80%). Company insiders that own Altisource Portfolio Solutions stock include Deer Park Road Management Comp, Indroneel Chatterjee and W Michael Linn. View Institutional Ownership Trends for Altisource Portfolio Solutions.

Which major investors are selling Altisource Portfolio Solutions stock?

ASPS stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BlackRock Inc., Putnam Investments LLC, Laurel Wealth Advisors Inc., Aperio Group LLC, Man Group plc, Schroder Investment Management Group and Schroder Investment Management Group. View Insider Buying and Selling for Altisource Portfolio Solutions.

Which major investors are buying Altisource Portfolio Solutions stock?

ASPS stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Cooperman Leon G, Paloma Partners Management Co, Citadel Advisors LLC, Jacobs Levy Equity Management Inc., GSA Capital Partners LLP, Petrus Trust Company LTA and Cubist Systematic Strategies LLC. Company insiders that have bought Altisource Portfolio Solutions stock in the last two years include Deer Park Road Management Comp and Indroneel Chatterjee. 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, Robinhood, Fidelity and Charles Schwab.

What is Altisource Portfolio Solutions' stock price today?

One share of ASPS stock can currently be purchased for approximately $20.97.

How big of a company is Altisource Portfolio Solutions?

Altisource Portfolio Solutions has a market capitalization of $335.52 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.

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:  174 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  418
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 9/22/2019 by MarketBeat.com Staff

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