ValuEngine upgraded shares of Consumer Portfolio Services (NASDAQ:CPSS) from a sell rating to a hold rating in a research note published on Tuesday morning.
Several other equities research analysts have also recently weighed in on CPSS. JMP Securities upgraded Consumer Portfolio Services from a market perform rating to an outperform rating and set a $6.00 target price for the company in a report on Friday, June 8th. Zacks Investment Research upgraded Consumer Portfolio Services from a sell rating to a hold rating in a report on Tuesday, June 26th. Finally, Jefferies Financial Group restated a buy rating and set a $5.00 target price on shares of Consumer Portfolio Services in a report on Thursday, July 26th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. The stock has an average rating of Hold and an average price target of $5.08.
CPSS opened at $3.99 on Tuesday. Consumer Portfolio Services has a 12-month low of $3.18 and a 12-month high of $4.86. The company has a debt-to-equity ratio of 11.00, a current ratio of 14.18 and a quick ratio of 14.18. The stock has a market capitalization of $87.43 million, a PE ratio of 6.15 and a beta of 1.71.
Consumer Portfolio Services (NASDAQ:CPSS) last posted its quarterly earnings data on Tuesday, July 24th. The credit services provider reported $0.13 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.13. The firm had revenue of $99.36 million during the quarter, compared to analysts’ expectations of $104.79 million. Consumer Portfolio Services had a return on equity of 8.51% and a net margin of 0.24%. equities research analysts expect that Consumer Portfolio Services will post 0.5 EPS for the current year.
A hedge fund recently raised its stake in Consumer Portfolio Services stock. Continental Advisors LLC boosted its stake in shares of Consumer Portfolio Services, Inc. (NASDAQ:CPSS) by 4.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,492,251 shares of the credit services provider’s stock after acquiring an additional 61,777 shares during the quarter. Consumer Portfolio Services accounts for about 1.5% of Continental Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. Continental Advisors LLC owned approximately 6.50% of Consumer Portfolio Services worth $6,073,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 41.66% of the stock is currently owned by institutional investors.
About Consumer Portfolio Services
Consumer Portfolio Services, Inc operates as a specialty finance company in the United States. It purchases and services retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans. The company, through its automobile contract purchases, offers indirect financing to the customers of dealers with limited credit histories, low incomes, or past credit problems.
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