Santander Consumer USA Holdings (NYSE:SC): The mean estimate for the short term price target for Santander Consumer USA Holdings (NYSE:SC) stands at $13.94 according to 9 Analysts. The higher price target estimate for the stock has been calculated at $17 while the lower price target estimate is at $9.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Macquarie, downgrades their rating on the shares of Santander Consumer USA Holdings (NYSE:SC). Macquarie has a Neutral rating on the shares. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on May 11, 2016. For the current week, the company shares have a recommendation consensus of Buy.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Popp Jennifer, officer (Deputy Chief Financial Officer) of Santander Consumer Usa Holdings Inc., had unloaded 1,144 shares at an average price of $10.28 in a transaction dated on February 29, 2016. The total value of the transaction was worth $11,760.
Santander Consumer USA Holdings (NYSE:SC) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.1 points or 0.88% at $11.2 with 1,369,560 shares getting traded. Post opening the session at $11.15, the shares hit an intraday low of $10.96 and an intraday high of $11.2925 and the price was in this range throughout the day. The company has a market cap of $4,011 million and the number of outstanding shares have been calculated to be 358,151,990 shares. The 52-week high of Santander Consumer USA Holdings (NYSE:SC) is $26.83 and the 52-week low is $8.54.
Santander Consumer USA Holdings Inc. is a holding company. The Company is a specialized consumer finance company focused on vehicle finance and unsecured consumer lending products. The Company offers various auto financing products and services to Chrysler customers and dealers under the Chrysler Capital brand. These products and services include consumer retail installment contracts and leases, as well as dealer loans for inventory, construction, real estate, working capital and revolving lines of credit. The Company also originates vehicle loans through a Web-based direct lending program, purchases vehicle retail installment contracts and services automobile and recreational and marine vehicle portfolios for other lenders. Its products and services include vehicle finance, and origination and servicing.