Consumer Portfolio Services, Inc. (NASDAQ:CPSS - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $9.02 and traded as high as $9.96. Consumer Portfolio Services shares last traded at $9.95, with a volume of 12,078 shares traded.
Consumer Portfolio Services Stock Down 1.8 %
The business has a 50 day moving average price of $9.20 and a 200 day moving average price of $9.02. The firm has a market capitalization of $205.38 million, a P/E ratio of 6.91 and a beta of 2.01. The company has a debt-to-equity ratio of 10.19, a current ratio of 21.80 and a quick ratio of 21.80.
Consumer Portfolio Services (NASDAQ:CPSS - Get Free Report) last released its earnings results on Tuesday, July 30th. The credit services provider reported $0.19 EPS for the quarter. The firm had revenue of $95.88 million during the quarter. Consumer Portfolio Services had a net margin of 7.22% and a return on equity of 9.76%. On average, analysts predict that Consumer Portfolio Services, Inc. will post 0.9 earnings per share for the current year.
Insider Activity
In other Consumer Portfolio Services news, CEO Charles E. Bradley, Jr. sold 70,000 shares of the firm's stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $9.85, for a total transaction of $689,500.00. Following the completion of the transaction, the chief executive officer now owns 3,720,092 shares in the company, valued at $36,642,906.20. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Consumer Portfolio Services news, VP John Patrick Harton sold 10,000 shares of Consumer Portfolio Services stock in a transaction on Friday, September 6th. The stock was sold at an average price of $9.00, for a total value of $90,000.00. Following the completion of the transaction, the vice president now owns 265,604 shares in the company, valued at approximately $2,390,436. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Charles E. Bradley, Jr. sold 70,000 shares of the firm's stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $9.85, for a total value of $689,500.00. Following the completion of the sale, the chief executive officer now owns 3,720,092 shares of the company's stock, valued at approximately $36,642,906.20. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 135,000 shares of company stock worth $1,302,750. Company insiders own 67.70% of the company's stock.
Institutional Investors Weigh In On Consumer Portfolio Services
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets increased its holdings in shares of Consumer Portfolio Services by 229.7% in the first quarter. BNP Paribas Financial Markets now owns 9,051 shares of the credit services provider's stock valued at $68,000 after purchasing an additional 6,306 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of Consumer Portfolio Services by 9.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 50,005 shares of the credit services provider's stock worth $378,000 after buying an additional 4,483 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Consumer Portfolio Services by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 99,481 shares of the credit services provider's stock worth $975,000 after buying an additional 1,343 shares during the last quarter. Empowered Funds LLC lifted its holdings in Consumer Portfolio Services by 8.1% in the first quarter. Empowered Funds LLC now owns 125,564 shares of the credit services provider's stock valued at $949,000 after buying an additional 9,450 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in Consumer Portfolio Services by 0.7% in the first quarter. Vanguard Group Inc. now owns 521,457 shares of the credit services provider's stock valued at $3,942,000 after buying an additional 3,418 shares during the period. Institutional investors and hedge funds own 47.57% of the company's stock.
About Consumer Portfolio Services
(
Get Free Report)
Consumer Portfolio Services, Inc operates as a specialty finance company in the United States. It is involved in the purchase and service of 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.
See Also
Before you consider Consumer Portfolio Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Consumer Portfolio Services wasn't on the list.
While Consumer Portfolio Services currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
