Santander Consumer USA’s (SC) Neutral Rating Reiterated at Janney Montgomery Scott

Share on StockTwits

Santander Consumer USA (NYSE:SC)‘s stock had its “neutral” rating reissued by Janney Montgomery Scott in a research report issued to clients and investors on Wednesday, MarketBeat.com reports.

Several other research firms have also weighed in on SC. ValuEngine lowered Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Piper Jaffray Companies set a $15.00 price objective on BioCryst Pharmaceuticals and gave the company a “buy” rating in a research note on Monday, April 22nd. Zacks Investment Research raised HB Fuller from a “sell” rating to a “hold” rating in a research note on Wednesday, July 3rd. Buckingham Research set a $77.00 price objective on MSC Industrial Direct and gave the company a “hold” rating in a research note on Monday, July 1st. Finally, JPMorgan Chase & Co. set a GBX 620 ($8.10) price objective on HSBC and gave the company a “sell” rating in a research note on Tuesday, April 16th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. Santander Consumer USA currently has an average rating of “Hold” and an average price target of $24.90.

NYSE:SC opened at $25.71 on Wednesday. The company has a 50-day simple moving average of $24.07. The firm has a market capitalization of $8.88 billion, a price-to-earnings ratio of 10.12, a PEG ratio of 1.35 and a beta of 1.01. Santander Consumer USA has a twelve month low of $16.10 and a twelve month high of $26.10.

Santander Consumer USA (NYSE:SC) last released its quarterly earnings data on Tuesday, April 30th. The financial services provider reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.04. The business had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.16 billion. Santander Consumer USA had a return on equity of 12.95% and a net margin of 12.56%. Santander Consumer USA’s revenue was up 5.1% compared to the same quarter last year. During the same period last year, the firm posted $0.68 earnings per share. Sell-side analysts forecast that Santander Consumer USA will post 2.66 EPS for the current fiscal year.

In other Santander Consumer USA news, insider Richard Morrin sold 17,422 shares of the stock in a transaction dated Thursday, May 2nd. The stock was sold at an average price of $21.22, for a total value of $369,694.84. Following the completion of the transaction, the insider now directly owns 59,203 shares in the company, valued at $1,256,287.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.13% of the stock is currently owned by company insiders.

Institutional investors have recently bought and sold shares of the business. Nisa Investment Advisors LLC bought a new position in Santander Consumer USA in the first quarter valued at about $169,000. HRT Financial LLC bought a new position in Santander Consumer USA in the fourth quarter valued at about $182,000. Two Sigma Securities LLC bought a new position in Santander Consumer USA in the fourth quarter valued at about $208,000. SG Americas Securities LLC bought a new position in Santander Consumer USA in the first quarter valued at about $272,000. Finally, Regentatlantic Capital LLC raised its position in shares of Santander Consumer USA by 34.5% during the first quarter. Regentatlantic Capital LLC now owns 15,950 shares of the financial services provider’s stock worth $337,000 after acquiring an additional 4,093 shares during the last quarter.

Santander Consumer USA Company Profile

Santander Consumer USA Holdings Inc, a specialized consumer finance company, provides vehicle finance and third-party servicing in the United States. Its products and services include retail installment contracts and vehicle leases, as well as dealer loans for inventory, construction, real estate, working capital, and revolving lines of credit.

Further Reading: Management Fee

Analyst Recommendations for Santander Consumer USA (NYSE:SC)

Receive News & Ratings for Santander Consumer USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Santander Consumer USA and related companies with MarketBeat.com's FREE daily email newsletter.