Deutsche Bank Aktiengesellschaft stock research analysts have started covering stocks of Santander Consumer USA (NYSE: SC) in a research report published on Wednesday, Fly reports. The company set a “buy” rating on the shares of the financial services provider.
SC has been the subject of a number of other reports. Bank of America launched a cover on Santander Consumer USA in a report on Monday, April 19. They set a “buy” rating and a target price of $ 36.00 on the stock. Barclays raised its price target on Santander Consumer USA from $ 26.00 to $ 32.00 in a report on Thursday, April 29. Piper Sandler upgraded Santander Consumer USA from a “neutral” rating to an “overweight” rating and increased its price target for the company from $ 22.00 to $ 28.00 in a research note on Thursday, February 4. JPMorgan Chase & Co. raised its price target on Santander Consumer USA from $ 27.00 to $ 29.00 in a report on Thursday, April 15. Finally, Morgan Stanley raised its price target on Santander Consumer USA from $ 30.00 to $ 32.00 and gave the stock an “equal weight” rating in a report on Wednesday May 5th. One investment analyst rated the stock with a sell rating, four assigned a maintenance rating, five issued a buy rating, and one assigned a high buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $ 29.80.
Santander Consumer USA stock traded up $ 0.29 in Wednesday’s session, reaching $ 37.38. 731,021 shares were traded, against an average volume of 932,274 shares. The company has a debt to equity ratio of 6.18, a rapid ratio of 51.93 and a current ratio of 51.93. Santander Consumer USA has a 12 month low of $ 16.03 and a 12 month high of $ 38.36. The stock’s fifty-day moving average is $ 33.14 and its 200-day moving average is $ 26.29. The stock has a market cap of $ 11.44 billion, a PE ratio of 6.92, a P / E / G ratio of 0.31, and a beta of 1.12.
Santander Consumer USA (NYSE: SC) last published its results on Wednesday, April 28. The financial services provider reported EPS of $ 2.42 for the quarter, beating the consensus estimate of $ 1.45 by $ 0.97. Santander Consumer USA had a net margin of 20.43% and a return on equity of 30.33%. The firm posted revenue of $ 1.37 billion in the quarter, compared to analysts’ expectations of $ 1.29 billion. In the same quarter of the previous year, the company achieved EPS of ($ 0.01). Santander Consumer USA’s quarterly revenue increased 19.3% year-over-year. Business analysts predict Santander Consumer USA will post 6.24 EPS for the current fiscal year.
Several institutional investors have recently changed their holdings in the company. Lazard Asset Management LLC acquired a new stake in shares of Santander Consumer USA during the first quarter valued at approximately $ 26,000. Carolina Wealth Advisors LLC acquired a new equity interest in Santander Consumer USA during the first quarter valued at $ 68,000. Captrust Financial Advisors acquired a new position in shares of Santander Consumer USA during the 1st quarter valued at $ 90,000. US Bancorp DE increased its stake in the shares of Santander Consumer USA by 7.5% in the fourth quarter. US Bancorp DE now owns 5,857 shares of the financial services provider valued at $ 128,000 after acquiring an additional 407 shares in the last quarter. Finally, Sowell Financial Services LLC increased its holdings of Santander Consumer USA shares by 30.7% during the first quarter. Sowell Financial Services LLC now owns 7,269 shares of the financial services provider valued at $ 255,000 after acquiring an additional 1,707 shares in the last quarter.
Santander Consumer USA Company Profile
Santander Consumer USA Holdings Inc, a consumer credit company, provides auto finance and third party services in the United States. It offers vehicle financial products and services, including retail installment contracts and vehicle leases, as well as dealer loans for inventory, construction, real estate, working capital and margins. revolving credit.
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