Santander Consumer USA Holdings Inc (NYSE:SC) has earned a consensus recommendation of “Hold” from the fifteen brokerages that are covering the stock. One investment analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $14.40.
Several brokerages have recently commented on SC. Zacks Investment Research upgraded shares of Santander Consumer USA Holdings from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 29th. Jefferies Group LLC restated a “buy” rating and set a $18.00 price objective (up previously from $15.00) on shares of Santander Consumer USA Holdings in a report on Friday, February 24th. TheStreet upgraded shares of Santander Consumer USA Holdings from an “e+” rating to a “c-” rating in a research note on Monday, January 23rd. Susquehanna Bancshares Inc initiated coverage on shares of Santander Consumer USA Holdings in a research report on Monday, January 23rd. They issued a “neutral” rating and a $14.00 price objective for the company. Finally, Citigroup Inc lowered shares of Santander Consumer USA Holdings from a “buy” rating to a “neutral” rating in a research report on Thursday, January 12th.
Shares of Santander Consumer USA Holdings (NYSE:SC) traded up 5.99% during midday trading on Monday, hitting $13.09. The stock had a trading volume of 2,004,724 shares. The stock has a 50-day moving average of $13.36 and a 200 day moving average of $13.43. The stock has a market cap of $4.70 billion, a PE ratio of 6.15 and a beta of 1.22. Santander Consumer USA Holdings has a 52 week low of $9.48 and a 52 week high of $15.47.
Santander Consumer USA Holdings (NYSE:SC) last announced its earnings results on Wednesday, January 25th. The financial services provider reported $0.17 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by $0.13. The firm earned $1.22 billion during the quarter, compared to analysts’ expectations of $1.61 billion. Santander Consumer USA Holdings had a net margin of 11.52% and a return on equity of 15.85%. The business’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.19 EPS. Analysts anticipate that Santander Consumer USA Holdings will post $2.03 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of SC. Pacad Investment Ltd. acquired a new position in Santander Consumer USA Holdings during the fourth quarter valued at $115,000. Sei Investments Co. increased its position in Santander Consumer USA Holdings by 40.3% in the third quarter. Sei Investments Co. now owns 9,074 shares of the financial services provider’s stock valued at $111,000 after buying an additional 2,608 shares during the last quarter. First Quadrant L P CA increased its position in Santander Consumer USA Holdings by 1,367.4% in the third quarter. First Quadrant L P CA now owns 10,008 shares of the financial services provider’s stock worth $122,000 after buying an additional 9,326 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in Santander Consumer USA Holdings during the third quarter worth approximately $157,000. Finally, Sciencast Management LP purchased a new position in Santander Consumer USA Holdings during the fourth quarter worth approximately $224,000. Institutional investors and hedge funds own 33.21% of the company’s stock.
Santander Consumer USA Holdings Company Profile
Santander Consumer USA Holdings Inc is the holding company for Santander Consumer USA Inc, and subsidiaries, a consumer finance company focused on vehicle finance and third party servicing. The Company operates through Consumer Finance segment. Its Consumer Finance business is focused on vehicle financial products and services, including retail installment contracts, vehicle leases, and dealer loans, as well as financial products and services related to motorcycles, recreational vehicles (RVs), and marine vehicles.
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