Santander Consumer USA Holdings Inc (NYSE:SC) has been assigned a consensus recommendation of “Hold” from the fourteen analysts that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $24.78.
SC has been the subject of a number of analyst reports. Zacks Investment Research raised HB Fuller from a “sell” rating to a “hold” rating in a report on Wednesday, July 3rd. ValuEngine cut Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Compass Point set a $52.00 price objective on E*TRADE Financial and gave the company a “buy” rating in a report on Tuesday, July 2nd. Piper Jaffray Companies set a $15.00 price objective on BioCryst Pharmaceuticals and gave the company a “buy” rating in a report on Monday, April 22nd. Finally, JPMorgan Chase & Co. set a GBX 620 ($8.10) price objective on HSBC and gave the company a “sell” rating in a report on Tuesday, April 16th.
In other news, insider Richard Morrin sold 17,422 shares of the firm’s stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of $21.22, for a total value of $369,694.84. Following the completion of the sale, the insider now directly owns 59,203 shares in the company, valued at $1,256,287.66. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.13% of the company’s stock.
Shares of NYSE SC traded down $0.05 during midday trading on Tuesday, reaching $25.55. 1,648,442 shares of the company traded hands, compared to its average volume of 1,325,730. The firm has a market capitalization of $9.04 billion, a price-to-earnings ratio of 10.06, a PEG ratio of 1.39 and a beta of 1.01. The business’s 50-day moving average price is $23.96. Santander Consumer USA has a 12 month low of $16.10 and a 12 month high of $26.10.
Santander Consumer USA (NYSE:SC) last issued its quarterly earnings data on Tuesday, April 30th. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.04. The company had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Santander Consumer USA had a return on equity of 12.95% and a net margin of 12.56%. The business’s revenue was up 5.1% on a year-over-year basis. During the same period last year, the business earned $0.68 earnings per share. On average, analysts anticipate that Santander Consumer USA will post 2.66 earnings per share for the current year.
About Santander Consumer USA
Santander Consumer USA Holdings Inc, a specialized consumer finance company, provides vehicle finance and third-party servicing in the United States. Its products and services include retail installment contracts and vehicle leases, as well as dealer loans for inventory, construction, real estate, working capital, and revolving lines of credit.
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