JMP Securities Reiterates “Market Outperform” Rating for Consumer Portfolio Services (CPSS)
Consumer Portfolio Services (NASDAQ:CPSS)‘s stock had its “market outperform” rating reaffirmed by analysts at JMP Securities in a research report issued to clients and investors on Wednesday, StockRatingsNetwork reports. They currently have a $10.00 price target on the stock, down from their previous price target of $11.00. JMP Securities’ price objective would suggest a potential upside of 41.84% from the company’s current price.
Separately, analysts at Stephens upgraded shares of Consumer Portfolio Services from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, April 9th.
In other Consumer Portfolio Services news, Director Daniel S. Wood unloaded 4,838 shares of the company’s stock in a transaction dated Thursday, April 24th. The shares were sold at an average price of $7.38, for a total value of $35,704.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Consumer Portfolio Services (NASDAQ:CPSS) traded down 4.99% during mid-day trading on Wednesday, hitting $7.05. 196,687 shares of the company’s stock traded hands. Consumer Portfolio Services has a one year low of $5.61 and a one year high of $9.64. The stock has a 50-day moving average of $7. and a 200-day moving average of $7.7. The company has a market cap of $171.7 million and a price-to-earnings ratio of 9.76.
Consumer Portfolio Services (NASDAQ:CPSS) last posted its quarterly earnings results on Tuesday, April 8th. The company reported $0.21 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.19 by $0.02. The company had revenue of $68.10 million for the quarter, compared to the consensus estimate of $52.60 million. Analysts expect that Consumer Portfolio Services will post $0.91 EPS for the current fiscal year.
Consumer Portfolio Services Inc (NASDAQ:CPSS) is a specialty finance company.
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