Santander Consumer USA (NYSE:SC) was upgraded by equities research analysts at TheStreet from a “c” rating to a “b-” rating in a note issued to investors on Wednesday, November 14th.

SC has been the subject of a number of other reports. Stephens set a $24.00 price objective on shares of Santander Consumer USA and gave the stock a “hold” rating in a research note on Wednesday, July 25th. Morgan Stanley upped their price objective on shares of Santander Consumer USA from $21.00 to $23.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 26th. BMO Capital Markets upped their price objective on shares of Santander Consumer USA from $26.00 to $27.00 and gave the stock an “outperform” rating in a research note on Friday, November 2nd. Zacks Investment Research raised shares of Santander Consumer USA from a “hold” rating to a “strong-buy” rating and set a $22.00 price objective for the company in a research note on Tuesday, July 31st. Finally, UBS Group increased their price target on shares of Santander Consumer USA from $21.00 to $24.00 and gave the company a “buy” rating in a research report on Thursday, July 26th. Nine research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Santander Consumer USA presently has a consensus rating of “Hold” and a consensus price target of $22.92.

SC stock traded down $0.08 during mid-day trading on Wednesday, reaching $18.48. 1,351,858 shares of the stock traded hands, compared to its average volume of 1,256,910. Santander Consumer USA has a one year low of $15.55 and a one year high of $21.81. The stock has a market capitalization of $6.67 billion, a price-to-earnings ratio of 10.62, a price-to-earnings-growth ratio of 0.37 and a beta of 1.09.

Santander Consumer USA (NYSE:SC) last posted its quarterly earnings data on Wednesday, October 31st. The financial services provider reported $0.64 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.04. Santander Consumer USA had a net margin of 20.54% and a return on equity of 13.25%. The business had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.76 billion. During the same quarter in the previous year, the business posted $0.55 earnings per share. Equities research analysts forecast that Santander Consumer USA will post 2.65 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Canyon Capital Advisors LLC increased its holdings in Santander Consumer USA by 92.0% in the 2nd quarter. Canyon Capital Advisors LLC now owns 6,190,000 shares of the financial services provider’s stock worth $118,167,000 after buying an additional 2,966,681 shares during the period. FMR LLC increased its holdings in Santander Consumer USA by 15.5% in the 3rd quarter. FMR LLC now owns 12,826,358 shares of the financial services provider’s stock worth $257,040,000 after buying an additional 1,720,255 shares during the period. WBI Investments Inc. increased its holdings in Santander Consumer USA by 4,253.3% in the 3rd quarter. WBI Investments Inc. now owns 965,120 shares of the financial services provider’s stock worth $19,341,000 after buying an additional 942,950 shares during the period. LSV Asset Management increased its holdings in Santander Consumer USA by 2,506.0% in the 3rd quarter. LSV Asset Management now owns 906,900 shares of the financial services provider’s stock worth $18,174,000 after buying an additional 872,100 shares during the period. Finally, Panagora Asset Management Inc. increased its holdings in Santander Consumer USA by 24,726.7% in the 3rd quarter. Panagora Asset Management Inc. now owns 757,213 shares of the financial services provider’s stock worth $15,175,000 after buying an additional 754,163 shares during the period.

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.

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Analyst Recommendations for Santander Consumer USA (NYSE:SC)

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