Santander Consumer USA (NYSE:SC) – Stock analysts at Piper Jaffray dropped their Q1 2018 earnings estimates for shares of Santander Consumer USA in a note issued to investors on Monday, April 16th. Piper Jaffray analyst K. Barker now anticipates that the financial services provider will post earnings per share of $0.37 for the quarter, down from their previous forecast of $0.42. Piper Jaffray has a “Buy” rating and a $25.00 price target on the stock. Piper Jaffray also issued estimates for Santander Consumer USA’s Q2 2018 earnings at $0.49 EPS, Q3 2018 earnings at $0.40 EPS, FY2018 earnings at $1.64 EPS, Q1 2019 earnings at $0.53 EPS, Q2 2019 earnings at $0.73 EPS, Q3 2019 earnings at $0.68 EPS, Q4 2019 earnings at $0.62 EPS and FY2019 earnings at $2.56 EPS.

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A number of other equities analysts have also recently commented on the company. Zacks Investment Research cut Santander Consumer USA from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 4th. UBS started coverage on Santander Consumer USA in a report on Wednesday, March 28th. They set a “neutral” rating and a $17.00 price target on the stock. Goldman Sachs cut Santander Consumer USA from a “buy” rating to a “neutral” rating and decreased their price target for the company from $22.00 to $19.00 in a report on Monday, February 26th. Morgan Stanley raised their price target on Santander Consumer USA from $18.00 to $19.50 and gave the company an “equal weight” rating in a report on Thursday, February 1st. Finally, JPMorgan Chase raised Santander Consumer USA from a “neutral” rating to an “overweight” rating and decreased their price target for the company from $20.50 to $16.00 in a report on Friday, January 12th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Santander Consumer USA presently has a consensus rating of “Hold” and an average target price of $18.70.

Shares of Santander Consumer USA stock opened at $15.60 on Tuesday. Santander Consumer USA has a one year low of $11.12 and a one year high of $19.02. The firm has a market capitalization of $5,694.00, a P/E ratio of 8.97, a P/E/G ratio of 4.00 and a beta of 1.10.

Santander Consumer USA (NYSE:SC) last announced its earnings results on Wednesday, January 31st. The financial services provider reported $0.27 EPS for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.03). Santander Consumer USA had a return on equity of 11.37% and a net margin of 18.09%. The company had revenue of $1.62 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the prior year, the business posted $0.17 earnings per share.

A number of large investors have recently bought and sold shares of the business. The Manufacturers Life Insurance Company raised its holdings in Santander Consumer USA by 7.3% during the second quarter. The Manufacturers Life Insurance Company now owns 10,577 shares of the financial services provider’s stock valued at $135,000 after acquiring an additional 717 shares during the period. Crow Point Partners LLC grew its position in shares of Santander Consumer USA by 59.8% during the fourth quarter. Crow Point Partners LLC now owns 9,348 shares of the financial services provider’s stock valued at $174,000 after purchasing an additional 3,500 shares in the last quarter. Guggenheim Capital LLC grew its position in shares of Santander Consumer USA by 33.5% during the fourth quarter. Guggenheim Capital LLC now owns 15,380 shares of the financial services provider’s stock valued at $286,000 after purchasing an additional 3,860 shares in the last quarter. Advisors Preferred LLC grew its position in shares of Santander Consumer USA by 1,000.4% during the fourth quarter. Advisors Preferred LLC now owns 5,480 shares of the financial services provider’s stock valued at $102,000 after purchasing an additional 4,982 shares in the last quarter. Finally, Parametric Portfolio Associates LLC grew its position in shares of Santander Consumer USA by 0.4% during the third quarter. Parametric Portfolio Associates LLC now owns 1,319,108 shares of the financial services provider’s stock valued at $20,275,000 after purchasing an additional 5,676 shares in the last quarter.

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Santander Consumer USA 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.

Earnings History and Estimates for Santander Consumer USA (NYSE:SC)

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