News coverage about Santander Consumer USA Holdings (NYSE:SC) has been trending somewhat positive on Friday, AlphaOne reports. AlphaOne, a unit of Accern, identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Santander Consumer USA Holdings earned a news sentiment score of 0.17 on AlphaOne’s scale. AlphaOne also assigned media stories about the financial services provider an impact score of 77 out of 100, indicating that recent press coverage is likely to have an effect on the company’s share price in the next several days.
Here are some of the news articles that may have impacted Alpha One’s rankings:
- Financial Review of Santander Consumer USA Holdings Inc. (NYSE:SC) – The Newburgh Press (newburghpress.com)
- A Technical Strategy for Santander Consumer USA Holdings Inc. (SC), Opko Health, Inc. (OPK) – AllStockNews (allstocknews.com)
- Enova International (ENVA) versus Santander Consumer USA Holdings (SC) Critical Analysis (americanbankingnews.com)
- Head to Head Review: Enova International (ENVA) and Santander Consumer USA Holdings (SC) (americanbankingnews.com)
- SANTANDER CONSUMER USA HOLDINGS INC. : Submission of Matters to a Vote of Security Holders (form 8-K) (4-traders.com)
Santander Consumer USA Holdings (SC) traded down 1.53% on Friday, reaching $11.55. 2,886,441 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $11.96 and its 200-day moving average is $13.23. Santander Consumer USA Holdings has a 12 month low of $9.48 and a 12 month high of $15.47. The firm has a market cap of $4.15 billion, a PE ratio of 5.92 and a beta of 1.31.
Santander Consumer USA Holdings (NYSE:SC) last posted its earnings results on Wednesday, April 26th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.04. The company had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.59 billion. Santander Consumer USA Holdings had a net margin of 10.73% and a return on equity of 13.59%. During the same quarter last year, the company posted $0.59 EPS. On average, equities analysts forecast that Santander Consumer USA Holdings will post $1.88 earnings per share for the current year.
SC has been the subject of a number of research reports. Zacks Investment Research raised shares of Santander Consumer USA Holdings from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 29th. Piper Jaffray Companies initiated coverage on shares of Santander Consumer USA Holdings in a research note on Friday, June 9th. They set a “neutral” rating and a $13.50 target price for the company. Jefferies Group LLC reissued a “buy” rating and set a $18.00 target price (up previously from $15.00) on shares of Santander Consumer USA Holdings in a research note on Friday, February 24th. Finally, Compass Point raised shares of Santander Consumer USA Holdings from a “neutral” rating to a “buy” rating and lifted their target price for the company from $13.50 to $16.00 in a research note on Thursday, April 27th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $14.51.
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In related news, CFO Ismail Dawood bought 5,000 shares of the business’s stock in a transaction dated Thursday, June 1st. The stock was bought at an average price of $11.25 per share, for a total transaction of $56,250.00. Following the purchase, the chief financial officer now owns 122,609 shares in the company, valued at approximately $1,379,351.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Richard Morrin sold 9,791 shares of the firm’s stock in a transaction dated Tuesday, May 9th. The stock was sold at an average price of $12.52, for a total transaction of $122,583.32. Following the sale, the chief operating officer now owns 80,663 shares of the company’s stock, valued at approximately $1,009,900.76. The disclosure for this sale can be found here. Company insiders own 11.56% of the company’s stock.
About Santander Consumer USA Holdings
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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