ValuEngine upgraded shares of Consumer Portfolio Services (NASDAQ:CPSS) from a sell rating to a hold rating in a research note issued to investors on Tuesday.

Several other analysts have also recently commented on the company. Jefferies Financial Group reiterated a buy rating and issued a $5.00 target price on shares of Consumer Portfolio Services in a report on Thursday, July 26th. JMP Securities upgraded Consumer Portfolio Services from a market perform rating to an outperform rating and set a $6.00 target price on the stock in a report on Friday, June 8th. Finally, Zacks Investment Research cut Consumer Portfolio Services from a hold rating to a sell rating in a report on Monday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of $5.08.

Shares of CPSS stock opened at $3.81 on Tuesday. Consumer Portfolio Services has a one year low of $3.18 and a one year high of $4.86. The company has a market capitalization of $89.50 million, a P/E ratio of 4.76 and a beta of 1.71. The company has a current ratio of 14.18, a quick ratio of 14.18 and a debt-to-equity ratio of 11.00.

Consumer Portfolio Services (NASDAQ:CPSS) last announced its earnings results on Tuesday, July 24th. The credit services provider reported $0.13 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.13. Consumer Portfolio Services had a return on equity of 8.51% and a net margin of 0.24%. The business had revenue of $99.36 million for the quarter, compared to analysts’ expectations of $104.79 million. sell-side analysts anticipate that Consumer Portfolio Services will post 0.5 EPS for the current fiscal year.

An institutional investor recently raised its position in Consumer Portfolio Services stock. Wells Fargo & Company MN raised its holdings in Consumer Portfolio Services, Inc. (NASDAQ:CPSS) by 433.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,333 shares of the credit services provider’s stock after buying an additional 29,526 shares during the quarter. Wells Fargo & Company MN owned 0.17% of Consumer Portfolio Services worth $151,000 as of its most recent SEC filing. 41.66% of the stock is currently owned by institutional investors.

Consumer Portfolio Services Company Profile

Consumer Portfolio Services, Inc operates as a specialty finance company in the United States. It purchases and services retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans. The company, through its automobile contract purchases, offers indirect financing to the customers of dealers with limited credit histories, low incomes, or past credit problems.

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