Altisource Portfolio Solutions S.A. (ASPS) Stocks Experience Steady decrease to Close at $1.89

Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) closed the day trading at $1.89 down -14.09% from the previous closing price of $2.20. In other words, the price has decreased by -$0.3100 from its previous closing price. On the day, 593444 shares were traded.

Ratios:

For a better understanding of ASPS, let’s look at its different ratios.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley FBR on January 31, 2020, initiated with a Buy rating and assigned the stock a target price of $30.

Compass Point Upgraded its Neutral to Buy on August 10, 2016, whereas the target price for the stock was revised from $23 to $31.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 18 ’24 when Shepro William B bought 2,200 shares for $2.51 per share. The transaction valued at 5,522 led to the insider holds 723,248 shares of the business.

Shepro William B bought 2,200 shares of ASPS for $5,522 on Mar 14 ’24. The Chairman and CEO now owns 721,048 shares after completing the transaction at $2.51 per share. On Sep 08 ’23, another insider, Shepro William B, who serves as the Chairman and CEO of the company, bought 41,667 shares for $3.60 each. As a result, the insider paid 150,001 and bolstered with 686,800 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASPS now has a Market Capitalization of 50.22M and an Enterprise Value of 236.83M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33. Its current Enterprise Value per Revenue stands at 1.63 whereas that against EBITDA is -34.32.

Stock Price History:

Over the past 52 weeks, ASPS has reached a high of $6.79, while it has fallen to a 52-week low of $2.18. The 50-Day Moving Average of the stock is 2.7698, while the 200-Day Moving Average is calculated to be 3.9871.

Shares Statistics:

Over the past 3-months, ASPS traded about 119.45K shares per day on average, while over the past 10 days, ASPS traded about 161.9k shares per day. A total of 26.50M shares are outstanding, with a floating share count of 12.23M. Insiders hold about 53.96% of the company’s shares, while institutions hold 25.55% stake in the company. Shares short for ASPS as of Feb 29, 2024 were 1.04M with a Short Ratio of 8.72, compared to 981.58k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.93% and a Short% of Float of 6.78%.

Earnings Estimates

Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of -$0.39 for the current quarter, with a high estimate of -$0.35 and a low estimate of -$0.44, while EPS last year was -$0.7. The consensus estimate for the next quarter is -$0.31, with high estimates of -$0.3 and low estimates of -$0.33.

Analysts are recommending an EPS of between -$1.07 and -$1.07 for the fiscal current year, implying an average EPS of -$1.07. EPS for the following year is -$0.26, with 1 analysts recommending between -$0.26 and -$0.26.

Revenue Estimates

2 analysts predict $34.98M in revenue for the current quarter. It ranges from a high estimate of $36.1M to a low estimate of $33.85M. As of the current estimate, Altisource Portfolio Solutions S.A.’s year-ago sales were $39.46M, an estimated decrease of -11.40% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $39.41M, a decrease of -0.90% over than the figure of -$11.40% in the same quarter last year. There is a high estimate of $40.1M for the next quarter, whereas the lowest estimate is $38.73M.

A total of 2 analysts have provided revenue estimates for ASPS’s current fiscal year. The highest revenue estimate was $183.49M, while the lowest revenue estimate was $167.4M, resulting in an average revenue estimate of $175.45M. In the same quarter a year ago, actual revenue was $145.07M, up 20.90% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $241.01M in the next fiscal year. The high estimate is $241.01M and the low estimate is $241.01M. The average revenue growth estimate for next year is up 37.40% from the average revenue estimate for this year.

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