Consumer Portfolio Services (CPSS) Earns Media Impact Rating of 0.20

News coverage about Consumer Portfolio Services (NASDAQ:CPSS) has trended somewhat positive recently, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Consumer Portfolio Services earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned news articles about the credit services provider an impact score of 45.2651374029896 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

CPSS has been the topic of a number of recent analyst reports. Jefferies Group LLC reissued a “buy” rating and issued a $6.00 price target on shares of Consumer Portfolio Services in a research report on Thursday, September 7th. Zacks Investment Research raised shares of Consumer Portfolio Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 20th.

Shares of Consumer Portfolio Services (NASDAQ:CPSS) traded up 2.99% during midday trading on Wednesday, hitting $4.48. 43,179 shares of the stock traded hands. The company has a market capitalization of $101.84 million, a PE ratio of 5.32 and a beta of 1.63. Consumer Portfolio Services has a 12-month low of $3.66 and a 12-month high of $6.05. The firm’s 50 day moving average price is $4.01 and its 200 day moving average price is $4.48.

Consumer Portfolio Services (NASDAQ:CPSS) last announced its quarterly earnings data on Monday, July 24th. The credit services provider reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.01). Consumer Portfolio Services had a return on equity of 12.76% and a net margin of 5.49%. The company had revenue of $110.07 million for the quarter, compared to the consensus estimate of $110.31 million. Analysts expect that Consumer Portfolio Services will post $0.69 EPS for the current year.

Consumer Portfolio Services announced that its Board of Directors has initiated a share repurchase program on Monday, July 24th that authorizes the company to buyback $10.00 million in outstanding shares. This buyback authorization authorizes the credit services provider to reacquire up to 9.3% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

In related news, major shareholder Second Curve Capital Llc sold 15,000 shares of the stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $3.97, for a total value of $59,550.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last quarter, insiders have sold 35,000 shares of company stock worth $138,750. Company insiders own 37.50% of the company’s stock.

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Consumer Portfolio Services Company Profile

Consumer Portfolio Services, Inc is a specialty finance company. The Company’s business is to purchase and service retail automobile contracts originated primarily by franchised automobile dealers and by select independent dealers in the United States in the sale of new and used automobiles, light trucks and passenger vans.

Insider Buying and Selling by Quarter for Consumer Portfolio Services (NASDAQ:CPSS)

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