Santander Consumer USA Holdings Inc. (NYSE:SC)‘s stock had its “buy” rating reissued by stock analysts at Sandler O’Neill in a research note issued on Wednesday. They presently have a $18.00 target price on the financial services provider’s stock, up from their previous target price of $16.00. Sandler O’Neill’s price objective would suggest a potential upside of 15.76% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on the company. Jefferies Group LLC reissued a “buy” rating and issued a $18.00 price objective on shares of Santander Consumer USA Holdings in a research report on Friday, August 25th. ValuEngine raised shares of Santander Consumer USA Holdings from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Zacks Investment Research lowered shares of Santander Consumer USA Holdings from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 3rd. Stephens reiterated an “equal weight” rating and set a $14.00 target price on shares of Santander Consumer USA Holdings in a research note on Friday, August 25th. Finally, Susquehanna Bancshares Inc upgraded shares of Santander Consumer USA Holdings from a “neutral” rating to a “positive” rating in a research note on Tuesday, September 5th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $16.08.

Santander Consumer USA Holdings (NYSE SC) remained flat at $15.55 during midday trading on Wednesday. The company had a trading volume of 658,807 shares. The company’s 50 day moving average price is $14.18 and its 200 day moving average price is $12.96. The stock has a market capitalization of $5.59 billion, a price-to-earnings ratio of 8.23 and a beta of 1.29. Santander Consumer USA Holdings has a 12-month low of $10.76 and a 12-month high of $15.82.

Santander Consumer USA Holdings (NYSE:SC) last released its earnings results on Friday, July 28th. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.08. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.07 billion. Santander Consumer USA Holdings had a return on equity of 12.47% and a net margin of 10.40%. The company’s revenue was down 5.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.79 EPS. On average, equities research analysts anticipate that Santander Consumer USA Holdings will post $1.74 EPS for the current year.

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Several institutional investors have recently modified their holdings of SC. Amalgamated Bank increased its stake in Santander Consumer USA Holdings by 3.4% in the first quarter. Amalgamated Bank now owns 15,158 shares of the financial services provider’s stock valued at $202,000 after acquiring an additional 496 shares during the period. Sei Investments Co. raised its position in Santander Consumer USA Holdings by 6.1% in the second quarter. Sei Investments Co. now owns 9,622 shares of the financial services provider’s stock worth $123,000 after purchasing an additional 555 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in Santander Consumer USA Holdings by 7.3% in the second quarter. The Manufacturers Life Insurance Company now owns 10,577 shares of the financial services provider’s stock worth $135,000 after purchasing an additional 717 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in Santander Consumer USA Holdings by 1.4% in the first quarter. Public Employees Retirement System of Ohio now owns 55,228 shares of the financial services provider’s stock worth $736,000 after purchasing an additional 738 shares in the last quarter. Finally, Gotham Asset Management LLC raised its position in Santander Consumer USA Holdings by 9.4% in the first quarter. Gotham Asset Management LLC now owns 18,701 shares of the financial services provider’s stock worth $249,000 after purchasing an additional 1,603 shares in the last quarter. Institutional investors and hedge funds own 91.80% of the company’s stock.

About Santander Consumer USA Holdings

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.

Analyst Recommendations for Santander Consumer USA Holdings (NYSE:SC)

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