Equities research analysts predict that Consumer Portfolio Services, Inc. (NASDAQ:CPSS) will announce sales of $110.31 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Consumer Portfolio Services’ earnings. The lowest sales estimate is $108.52 million and the highest is $112.09 million. Consumer Portfolio Services posted sales of $108.18 million during the same quarter last year, which suggests a positive year-over-year growth rate of 2%. The company is scheduled to report its next quarterly earnings report after the market closes on Tuesday, February 13th.

On average, analysts expect that Consumer Portfolio Services will report full-year sales of $110.31 million for the current fiscal year, with estimates ranging from $435.68 million to $439.24 million. For the next financial year, analysts forecast that the business will post sales of $437.85 million per share, with estimates ranging from $419.26 million to $456.43 million. Zacks’ sales calculations are a mean average based on a survey of analysts that that provide coverage for Consumer Portfolio Services.

Several research firms have weighed in on CPSS. TheStreet lowered shares of Consumer Portfolio Services from a “c” rating to a “d” rating in a research note on Tuesday, October 31st. Zacks Investment Research lowered shares of Consumer Portfolio Services from a “buy” rating to a “hold” rating in a research note on Wednesday, January 24th.

Consumer Portfolio Services (CPSS) opened at $4.23 on Tuesday. The firm has a market cap of $99.95, a P/E ratio of 6.04 and a beta of 1.73. The company has a debt-to-equity ratio of 10.89, a current ratio of 17.19 and a quick ratio of 17.19. Consumer Portfolio Services has a 12 month low of $3.66 and a 12 month high of $5.69.

In other Consumer Portfolio Services news, VP Curtis K. Powell sold 7,000 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $4.26, for a total value of $29,820.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Second Curve Capital Llc sold 150,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $4.21, for a total transaction of $631,500.00. The disclosure for this sale can be found here. Insiders sold 235,100 shares of company stock valued at $989,660 over the last three months. Insiders own 37.50% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the business. Numeric Investors LLC grew its position in Consumer Portfolio Services by 0.5% in the second quarter. Numeric Investors LLC now owns 244,034 shares of the credit services provider’s stock worth $1,110,000 after acquiring an additional 1,329 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Consumer Portfolio Services by 0.9% during the 2nd quarter. Vanguard Group Inc. now owns 760,620 shares of the credit services provider’s stock worth $3,461,000 after buying an additional 6,530 shares during the period. Cornerstone Investment Partners LLC boosted its holdings in shares of Consumer Portfolio Services by 100.0% during the 4th quarter. Cornerstone Investment Partners LLC now owns 40,000 shares of the credit services provider’s stock worth $166,000 after buying an additional 20,000 shares during the period. Macquarie Group Ltd. bought a new stake in shares of Consumer Portfolio Services during the 3rd quarter worth $114,000. Finally, Continental Advisors LLC boosted its holdings in shares of Consumer Portfolio Services by 21.2% during the 3rd quarter. Continental Advisors LLC now owns 1,326,211 shares of the credit services provider’s stock worth $6,048,000 after buying an additional 232,055 shares during the period. 48.48% of the stock is owned by institutional investors.

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About Consumer Portfolio Services

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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