Consumer Portfolio Services (NASDAQ:CPSS) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Tuesday.

Several other equities analysts have also commented on the company. Zacks Investment Research lowered Consumer Portfolio Services from a “hold” rating to a “sell” rating in a research note on Friday, July 27th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $5.00 price target on shares of Consumer Portfolio Services in a research note on Thursday, July 26th. Finally, JMP Securities raised Consumer Portfolio Services from a “market perform” rating to an “outperform” rating and set a $6.00 price target on the stock in a research note on Friday, June 8th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company’s stock. Consumer Portfolio Services has a consensus rating of “Hold” and a consensus price target of $5.08.

NASDAQ:CPSS traded up $0.18 during trading hours on Tuesday, hitting $4.04. The company had a trading volume of 22,478 shares, compared to its average volume of 38,406. The company has a quick ratio of 14.18, a current ratio of 14.18 and a debt-to-equity ratio of 11.00. The stock has a market cap of $88.58 million, a P/E ratio of 5.05 and a beta of 1.71. Consumer Portfolio Services has a 1 year low of $3.18 and a 1 year high of $4.86.

Consumer Portfolio Services (NASDAQ:CPSS) last issued its earnings results on Tuesday, July 24th. The credit services provider reported $0.13 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.13. The company had revenue of $99.36 million during the quarter, compared to analysts’ expectations of $104.79 million. Consumer Portfolio Services had a return on equity of 8.52% and a net margin of 0.24%. equities analysts anticipate that Consumer Portfolio Services will post 0.5 earnings per share for the current year.

A hedge fund recently raised its stake in Consumer Portfolio Services stock. Wells Fargo & Company MN grew its holdings in Consumer Portfolio Services, Inc. (NASDAQ:CPSS) by 433.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,333 shares of the credit services provider’s stock after purchasing an additional 29,526 shares during the period. Wells Fargo & Company MN owned approximately 0.17% of Consumer Portfolio Services worth $151,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 41.66% of the company’s stock.

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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