Consumer Portfolio Services Inc. (NASDAQ:CPSS) shares dropped 5.4% during mid-day trading on Tuesday . The stock traded as low as $3.83 and last traded at $3.85, with a volume of 56,224 shares. The stock had previously closed at $4.07.

CPSS has been the topic of several recent research reports. TheStreet upgraded Consumer Portfolio Services from a “sell” rating to a “hold” rating in a report on Monday, August 15th. Jefferies Group reiterated a “buy” rating and issued a $6.00 price target on shares of Consumer Portfolio Services in a report on Thursday, July 28th. Finally, Zacks Investment Research upgraded Consumer Portfolio Services from a “hold” rating to a “buy” rating and set a $4.75 price target on the stock in a report on Friday, July 29th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Consumer Portfolio Services has a consensus rating of “Hold” and an average price target of $5.25.

The company has a 50 day moving average of $4.05 and a 200 day moving average of $4.03. The company has a market capitalization of $91.88 million and a PE ratio of 3.62.

Consumer Portfolio Services (NASDAQ:CPSS) last released its quarterly earnings data on Wednesday, July 27th. The company reported $0.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.03. On average, analysts predict that Consumer Portfolio Services Inc. will post $0.95 EPS for the current year.

Consumer Portfolio Services, Inc is a specialty finance company. 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.

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