Wall Street brokerages expect that Consumer Portfolio Services, Inc. (NASDAQ:CPSS) will report earnings per share of $0.09 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Consumer Portfolio Services’ earnings. The highest EPS estimate is $0.10 and the lowest is $0.08. Consumer Portfolio Services posted earnings per share of $0.13 in the same quarter last year, which would indicate a negative year-over-year growth rate of 30.8%. The company is scheduled to report its next earnings report on Tuesday, July 23rd.
On average, analysts expect that Consumer Portfolio Services will report full year earnings of $0.38 per share for the current year, with EPS estimates ranging from $0.31 to $0.45. For the next financial year, analysts anticipate that the business will report earnings of $0.65 per share, with EPS estimates ranging from $0.60 to $0.69. Zacks’ EPS averages are an average based on a survey of sell-side research firms that cover Consumer Portfolio Services.
Consumer Portfolio Services (NASDAQ:CPSS) last announced its earnings results on Thursday, April 18th. The credit services provider reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.09). The company had revenue of $88.23 million for the quarter, compared to analyst estimates of $93.65 million. Consumer Portfolio Services had a return on equity of 5.84% and a net margin of 3.59%.
Shares of Consumer Portfolio Services stock traded down $0.04 on Thursday, reaching $3.44. 168 shares of the company were exchanged, compared to its average volume of 118,526. The firm has a market capitalization of $78.63 million, a PE ratio of 6.92 and a beta of 1.55. The company has a quick ratio of 14.18, a current ratio of 14.18 and a debt-to-equity ratio of 10.91. Consumer Portfolio Services has a fifty-two week low of $2.99 and a fifty-two week high of $4.65.
In other news, Director Brian Rayhill sold 24,500 shares of the business’s stock in a transaction on Friday, March 8th. The stock was sold at an average price of $4.20, for a total transaction of $102,900.00. Following the sale, the director now directly owns 52,337 shares of the company’s stock, valued at $219,815.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 46.20% of the stock is owned by insiders.
A number of large investors have recently bought and sold shares of CPSS. Vanguard Group Inc raised its position in Consumer Portfolio Services by 1.0% during the third quarter. Vanguard Group Inc now owns 746,868 shares of the credit services provider’s stock valued at $2,764,000 after buying an additional 7,067 shares during the period. Barclays PLC raised its position in Consumer Portfolio Services by 18.6% during the fourth quarter. Barclays PLC now owns 34,850 shares of the credit services provider’s stock valued at $105,000 after buying an additional 5,476 shares during the period. Brandywine Global Investment Management LLC acquired a new position in Consumer Portfolio Services during the fourth quarter valued at $26,000. Bailard Inc. acquired a new position in Consumer Portfolio Services during the first quarter valued at $88,000. Finally, Acadian Asset Management LLC raised its position in Consumer Portfolio Services by 52.5% during the first quarter. Acadian Asset Management LLC now owns 25,668 shares of the credit services provider’s stock valued at $90,000 after buying an additional 8,841 shares during the period. 48.05% of the stock is currently owned by hedge funds and other institutional investors.
About Consumer Portfolio Services
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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