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William B. Roberts, a director at Consumer Portfolio Services, Inc. (NASDAQ:CPSS), recently executed sales of company stock totaling $40,541. The transactions occurred on March 10 and March 12, 2025. Roberts sold a total of 4,376 shares, with prices ranging from $9.2501 to $9.5652 per share. The sales come as the $198 million market cap company trades at 0.68 times book value, with InvestingPro analysis indicating the stock is slightly undervalued at current levels.
Following these transactions, Roberts now holds 685,702 shares of Consumer Portfolio Services. The sales were carried out in multiple transactions, and the prices reflect a weighted average. The stock has shown significant volatility recently, declining about 15% year-to-date. InvestingPro subscribers have access to 7 additional key insights and a comprehensive analysis of CPSS’s financial health and growth prospects.
In other recent news, Consumer Portfolio Services (CPSS) reported its fourth-quarter earnings for 2024, significantly surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $0.79, more than double the forecasted $0.31. Revenue also exceeded projections, reaching $105.3 million against a forecast of $103.17 million, marking a 14% increase from the previous year. Despite a decline in net income from 2023, CPSS’s strategic focus on AI innovations and credit performance enhancements contributed to operational efficiencies and cost savings.
The company’s fair value portfolio experienced a 22% increase, reaching $3.714 billion. CPSS is projecting continued aggressive growth in 2025, supported by tightened credit models and expanded dealer relationships. Analysts have taken note of CPSS’s performance, with firms like Ally contributing to the company’s strong origination flow. The company also highlighted improvements in credit performance, with 2024 vintages expected to enhance the portfolio further. These recent developments reflect CPSS’s commitment to growth and innovation in the competitive subprime auto lending market.
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