October 1, 2017 – By reb123z
Sentiment for Consumer Portfolio Services Inc (NASDAQ:CPSS)
Consumer Portfolio Services Inc (NASDAQ:CPSS) institutional sentiment increased to 0.94 in 2017 Q2. Its up 0.08, from 0.86 in 2017Q1. The ratio increased, as 17 institutional investors increased and opened new positions, while 18 decreased and sold equity positions in Consumer Portfolio Services Inc. The institutional investors in our partner’s database now hold: 10.57 million shares, down from 10.61 million shares in 2017Q1. Also, the number of institutional investors holding Consumer Portfolio Services Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 15 Increased: 13 New Position: 4.
Consumer Portfolio Services, Inc. is a specialty finance company. The company has market cap of $103.66 million. The Company’s business is to purchase and service retail automobile contracts originated primarily by franchised automobile dealers and by select independent dealers in the United States in the sale of new and used automobiles, light trucks and passenger vans. It has a 5.4 P/E ratio. Through its automobile contract purchases, the Company provides indirect financing to the clients of dealers having limited credit histories, low incomes or past credit problems, who it refers to as sub-prime customers.
The stock decreased 3.59% or $0.17 on September 29, reaching $4.56. About 44,497 shares traded. Consumer Portfolio Services, Inc. (NASDAQ:CPSS) has risen 24.05% since October 1, 2016 and is uptrending. It has outperformed by 7.35% the S&P500.
Investors wait Consumer Portfolio Services, Inc. (NASDAQ:CPSS) to report on October, 16. its quarterly earnings Wall Street analysts expect $0.17 EPS, down $0.09 or 34.62 % from last year’s $0.26 same quarter earnings. This translates into $3.86 million profit for CPSS giving the stock a 6.71 P/E. This is assuming the current $0.17 EPS is accurate. Consumer Portfolio Services, Inc.’s Wall Street analysts see 0.00 % EPS growth, taking into account the $0.17 EPS reproted in the previous quarter,
Second Curve Capital Llc holds 3.72% of its portfolio in Consumer Portfolio Services, Inc. for 2.28 million shares. Continental Advisors Llc owns 1.09 million shares or 1.12% of their US portfolio. Moreover, Leisure Capital Management has 0.23% invested in the company for 57,423 shares. The Texas-based Bridgeway Capital Management Inc has invested 0.04% in the stock. Rbf Capital Llc, a California-based fund reported 60,000 shares.#img1#
Since January 1, 0001, it had 0 insider buys, and 3 sales for $90,033 activity.
Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Ratings Coverage
Ratings analysis reveals 33% of Consumer Portfolio Services’s analysts are positive. Out of 3 Wall Street analysts rating Consumer Portfolio Services, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $5.50 while the high is $600. The stock’s average target of $5.75 is 26.10% above today’s ($4.56) share price. CPSS was included in 5 notes of analysts from February 25, 2016. The stock of Consumer Portfolio Services, Inc. (NASDAQ:CPSS) earned “Buy” rating by Jefferies on Thursday, June 15. The stock has “Market Perform” rating by JMP Securities on Wednesday, March 16. The firm has “Neutral” rating given on Thursday, February 25 by Compass Point. Jefferies maintained the shares of CPSS in report on Monday, July 24 with “Buy” rating. Jefferies maintained Consumer Portfolio Services, Inc. (NASDAQ:CPSS) on Thursday, September 7 with “Buy” rating.
More notable recent Consumer Portfolio Services, Inc. (NASDAQ:CPSS) news were published by: Seekingalpha.com which released: “Consumer Portfolio Services’ (CPSS) CEO Charles Bradley on Q3 2016 Results …” on October 18, 2016, also Seekingalpha.com with their article: “Consumer Portfolio Services’ (CPSS) CEO Charles Bradley on Q1 2017 Results …” published on April 21, 2017, Globenewswire.com published: “CPS Announces $206.3 Million Senior Subordinate Asset-Backed Securitization” on January 18, 2017. More interesting news about Consumer Portfolio Services, Inc. (NASDAQ:CPSS) were released by: Seekingalpha.com and their article: “Consumer Portfolio Services, Inc. – Value In An Expensive Market” published on March 14, 2017 as well as Seekingalpha.com‘s news article titled: “Consumer Portfolio Services’ (CPSS) CEO Charles Bradley on Q2 2017 Results …” with publication date: July 25, 2017.
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