Santander Consumer USA Holdings Receives Consensus Recommendation of “Buy” from Analysts (NYSE:SC)
Santander Consumer USA Holdings (NYSE:SC) has received an average rating of “Buy” from the fifteen ratings firms that are currently covering the company, Analyst Ratings Net reports. Four research analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $25.46.
A number of research firms have recently commented on SC. Analysts at Macquarie reiterated a “neutral” rating on shares of Santander Consumer USA Holdings in a research note on Monday. They now have a $21.00 price target on the stock, down previously from $22.00. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Santander Consumer USA Holdings in a research note on Friday, August 1st. They now have a $23.00 price target on the stock, down previously from $24.00.
Santander Consumer USA Holdings (NYSE:SC) opened at 18.79 on Monday. Santander Consumer USA Holdings has a 1-year low of $17.35 and a 1-year high of $26.50. The stock’s 50-day moving average is $18.96 and its 200-day moving average is $21.45. The company has a market cap of $6.557 billion and a P/E ratio of 11.96.
Santander Consumer USA Holdings (NYSE:SC) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.69 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.60 by $0.09. Analysts expect that Santander Consumer USA Holdings will post $2.31 EPS for the current fiscal year.
Santander Consumer USA Holdings Inc is a full-service, consumer finance company focused on vehicle finance and unsecured consumer lending products.
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