Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Consumer Portfolio Services Inc (NASDAQ: CPSS) weakened during the last several trading days. CPSS’ current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Consumer Portfolio Services Inc (NASDAQ: CPSS) stock closed at $8.37 on 3/8/24 after a slight decline of -0.8%. Trading volume in this decline was normal. The stock has declined -5.2% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CPSS is expected to continue to be a major Value Builder.
Consumer Portfolio Services has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Consumer Portfolio Services has a very high Appreciation Score of 97 but a poor Power Rating of 28, resulting in the High Neutral Value Trend Rating.
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