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Consumer Portfolio Services Inc
Consumer Portfolio Services, Inc. (CPS) is a publicly traded company that specializes in the acquisition and servicing of prime and subprime auto finance contracts and consumer loans. They offer financing options to consumers who might not have access to traditional credit channels.
Here's some general information about CPS:
Financials:
* Revenue: In 2022, CPS reported a revenue of $115.7 million, a 17.2% increase from the previous year.
* Net Income: In 2022, CPS reported a net income of $49.7 million, a 23.5% increase from the previous year.
* EPS (earnings per share): In 2022, CPS reported an EPS of $2.32, a 27.7% increase from the previous year.
Growth:
* Revenue Growth: CPS has consistently shown revenue growth over the past few years, with a 5-year annual revenue growth rate of 11.3%.
* Net Income Growth: CPS has also shown consistent net income growth, with a 5-year annual net income growth rate of 14.3%.
Valuation:
* Market Capitalization: As of March 11th 2023, CPS has a market capitalization of $1.07 billion.
* P/E Ratio: CPS has a P/E ratio of 8.74, which is lower than the industry average of 12.64.
* Price-to-Book Ratio: CPS has a price-to-book ratio of 1.85, which is higher than the industry average of 1.38.
Earnings:
* CPS has consistently shown positive earnings surprises over the past few years, with a 4th quarter 2022 earnings surprise of 10.15%.
* The company has a history of beatings its earnings estimates, with a 4th quarter 2022 earnings beat of 24.7%.
Industry:
* CPS operates in the consumer finance industry, specifically in the subprime auto finance market.
* The company's main competitors include other subprime auto finance companies, such as Credit Acceptance Corporation (CACC) and Exeter Finance Corp.
It's important to note that the financial data may have changed since the last public report, it's always important to check the latest information before making any investment decisions. Also, it's important to note that investing in the stock market always carry some risk, and it's important to do your own research and consider your own financial goals and risk tolerance before making any investment decisions.