Altisource Portfolio Solutions (ASPS) Set to Announce Earnings on Thursday

Altisource Portfolio Solutions (NASDAQ:ASPS) is scheduled to be releasing its earnings data on Thursday, February 22nd. Analysts expect Altisource Portfolio Solutions to post earnings of $0.61 per share for the quarter.

Altisource Portfolio Solutions (NASDAQ ASPS) opened at $26.78 on Wednesday. Altisource Portfolio Solutions has a twelve month low of $16.17 and a twelve month high of $46.99. The company has a current ratio of 2.57, a quick ratio of 2.57 and a debt-to-equity ratio of 6.46. The stock has a market cap of $478.77, a PE ratio of 223.17, a PEG ratio of 0.63 and a beta of 0.97.

Several research firms have recently issued reports on ASPS. BidaskClub upgraded shares of Altisource Portfolio Solutions from a “hold” rating to a “buy” rating in a report on Wednesday, January 24th. Zacks Investment Research upgraded shares of Altisource Portfolio Solutions from a “sell” rating to a “hold” rating in a report on Wednesday, December 27th. Finally, Northland Securities restated a “hold” rating and set a $26.00 price objective on shares of Altisource Portfolio Solutions in a report on Sunday, October 29th. Four investment analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $22.33.

In related news, major shareholder Deer Park Road Management Comp acquired 200,000 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were bought at an average price of $23.75 per share, for a total transaction of $4,750,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 6.75% of the company’s stock.

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Altisource Portfolio Solutions Company Profile

Altisource Portfolio Solutions SA is a marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries. The Company’s business processes, vendor and electronic payment management software and behavioral science-based analytics manage outcomes for marketplace participants.

Earnings History for Altisource Portfolio Solutions (NASDAQ:ASPS)

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