Equities research analysts predict that Santander Consumer USA Holdings Inc. (NYSE:SC) will post earnings per share of $0.35 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Santander Consumer USA Holdings’ earnings, with the lowest EPS estimate coming in at $0.32 and the highest estimate coming in at $0.38. Santander Consumer USA Holdings posted earnings of $0.59 per share in the same quarter last year, which indicates a negative year over year growth rate of 40.7%. The business is expected to report its next quarterly earnings results before the market opens on Friday, October 27th.

On average, analysts expect that Santander Consumer USA Holdings will report full year earnings of $1.64 per share for the current year, with EPS estimates ranging from $1.47 to $1.76. For the next year, analysts expect that the firm will report earnings of $1.81 per share, with EPS estimates ranging from $1.50 to $2.15. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that follow Santander Consumer USA Holdings.

Santander Consumer USA Holdings (NYSE:SC) last announced its quarterly earnings data on Friday, July 28th. The financial services provider reported $0.70 EPS for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.08. Santander Consumer USA Holdings had a net margin of 10.40% and a return on equity of 12.47%. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the prior year, the firm posted $0.79 EPS. The company’s quarterly revenue was down 5.6% compared to the same quarter last year.

Several equities analysts recently commented on the company. Piper Jaffray Companies assumed coverage on Santander Consumer USA Holdings in a research report on Friday, June 9th. They set a “neutral” rating and a $13.50 price target on the stock. ValuEngine raised shares of Santander Consumer USA Holdings from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, June 28th. BidaskClub raised shares of Santander Consumer USA Holdings from a “strong sell” rating to a “sell” rating in a research report on Thursday, June 29th. Jefferies Group LLC reiterated a “buy” rating and set a $18.00 price objective on shares of Santander Consumer USA Holdings in a research note on Friday, June 30th. Finally, Zacks Investment Research lowered shares of Santander Consumer USA Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $16.08.

Santander Consumer USA Holdings (SC) traded down 0.19% during midday trading on Wednesday, hitting $15.52. 2,313,177 shares of the stock traded hands. The company’s 50-day moving average is $14.18 and its 200-day moving average is $12.96. Santander Consumer USA Holdings has a one year low of $10.76 and a one year high of $15.82. The company has a market cap of $5.58 billion, a PE ratio of 8.21 and a beta of 1.29.

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Hedge funds have recently made changes to their positions in the business. Sei Investments Co. increased its holdings in shares of Santander Consumer USA Holdings by 6.1% in the 2nd quarter. Sei Investments Co. now owns 9,622 shares of the financial services provider’s stock valued at $123,000 after acquiring an additional 555 shares during the last quarter. Meeder Asset Management Inc. raised its position in shares of Santander Consumer USA Holdings by 40.3% during the 1st quarter. Meeder Asset Management Inc. now owns 9,744 shares of the financial services provider’s stock valued at $129,000 after acquiring an additional 2,800 shares in the last quarter. TD Asset Management Inc. acquired a new stake in shares of Santander Consumer USA Holdings during the 2nd quarter valued at approximately $133,000. The Manufacturers Life Insurance Company raised its position in shares of Santander Consumer USA Holdings by 7.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 10,577 shares of the financial services provider’s stock valued at $135,000 after acquiring an additional 717 shares in the last quarter. Finally, Federated Investors Inc. PA raised its position in shares of Santander Consumer USA Holdings by 134.9% during the 2nd quarter. Federated Investors Inc. PA now owns 11,605 shares of the financial services provider’s stock valued at $148,000 after acquiring an additional 6,665 shares in the last quarter. 91.80% of the stock is owned by institutional investors.

Santander Consumer USA Holdings Company Profile

Santander Consumer USA Holdings Inc is the holding company for Santander Consumer USA Inc, and subsidiaries, a consumer finance company focused on vehicle finance and third party servicing. The Company operates through Consumer Finance segment. Its Consumer Finance business is focused on vehicle financial products and services, including retail installment contracts, vehicle leases, and dealer loans, as well as financial products and services related to motorcycles, recreational vehicles (RVs), and marine vehicles.

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Earnings History and Estimates for Santander Consumer USA Holdings (NYSE:SC)

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