Shares of Santander Consumer USA Holdings Inc. (NYSE:SC) have been given an average recommendation of “Buy” by the sixteen ratings firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation, nine have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $16.25.

A number of research analysts have recently issued reports on the stock. Jefferies Group LLC reiterated a “buy” rating and issued a $18.00 target price on shares of Santander Consumer USA Holdings in a research note on Friday, June 30th. Citigroup Inc. assumed coverage on shares of Santander Consumer USA Holdings in a research note on Tuesday, October 17th. They issued a “neutral” rating and a $16.00 target price for the company. Zacks Investment Research upgraded shares of Santander Consumer USA Holdings from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research note on Tuesday, October 3rd. JMP Securities upgraded shares of Santander Consumer USA Holdings from a “market perform” rating to an “outperform” rating and set a $16.00 target price for the company in a research note on Tuesday, July 18th. Finally, Sandler O’Neill reiterated a “buy” rating and issued a $18.00 target price (up previously from $16.00) on shares of Santander Consumer USA Holdings in a research note on Wednesday, October 4th.

A number of hedge funds have recently bought and sold shares of the stock. Amalgamated Bank raised its position in Santander Consumer USA Holdings by 3.4% in the 1st quarter. Amalgamated Bank now owns 15,158 shares of the financial services provider’s stock worth $202,000 after purchasing an additional 496 shares during the last quarter. Sei Investments Co. raised its position in 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 worth $123,000 after purchasing an additional 555 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in Santander Consumer USA Holdings by 7.3% in the 2nd 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 during the last quarter. Public Employees Retirement System of Ohio raised its position in Santander Consumer USA Holdings by 1.4% in the 1st 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 during the last quarter. Finally, Gotham Asset Management LLC raised its position in Santander Consumer USA Holdings by 9.4% in the 1st 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 during the last quarter. Hedge funds and other institutional investors own 91.80% of the company’s stock.

Shares of Santander Consumer USA Holdings (SC) traded up 0.52% during trading on Friday, reaching $15.39. The company had a trading volume of 1,177,111 shares. The company has a market cap of $5.53 billion, a P/E ratio of 8.14 and a beta of 1.29. The firm has a 50-day moving average of $14.90 and a 200-day moving average of $13.16. Santander Consumer USA Holdings has a 12-month low of $10.76 and a 12-month high of $15.87.

Santander Consumer USA Holdings (NYSE:SC) last posted its earnings results on Friday, July 28th. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the previous year, the company posted $0.79 earnings per share. Santander Consumer USA Holdings’s quarterly revenue was down 5.6% compared to the same quarter last year. On average, equities research analysts anticipate that Santander Consumer USA Holdings will post $1.76 EPS for the current year.

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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.

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

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