Last Updated: 14 Nov 2024
Executive Summary
Altisource Portfolio Solutions SA (ASPS) is a provider of real estate and mortgage services in the United States and internationally. The company has a market capitalization of $206.06 million and trades on the NASDAQ exchange. The latest stock price is $0.79.
Company Overview
Altisource Portfolio Solutions SA provides a range of services to the real estate and mortgage industries, including title and settlement services, property preservation, and valuation services. The company also operates a marketplace for the sale of distressed assets.
Fundamental Analysis
Altisource Portfolio Solutions SA has been facing financial challenges in recent years. The company reported a net loss of $11.3 million in the first nine months of 2023, compared to a net loss of $10.1 million in the same period of 2022. Revenue declined by 10.2% to $153.3 million.
The company's financial metrics are also weak. Altisource Portfolio Solutions SA has a negative book value of -$5.5 per share and a trailing price-to-sales ratio of 0.134. The company does not pay a dividend.
Technical Analysis
The technical analysis of Altisource Portfolio Solutions SA's stock price shows that the stock is in a downtrend. The stock price has been below its 50-day and 200-day moving averages for several months. The relative strength index (RSI) is also below 50, indicating that the stock is oversold.
Short Term Outlook
The short-term outlook for Altisource Portfolio Solutions SA is negative. The company is facing financial challenges and the stock price is in a downtrend. Investors should avoid buying the stock at this time.
Long Term Outlook
The long-term outlook for Altisource Portfolio Solutions SA is uncertain. The company's financial challenges could continue to weigh on the stock price. However, the company's services are in demand and the company could benefit from a recovery in the real estate market. Investors should monitor the company's financial performance and the stock price before making any investment decisions.
Analyst Recommendations
The majority of analysts have a "hold" rating on Altisource Portfolio Solutions SA. One analyst has a "buy" rating and one analyst has a "sell" rating. The average analyst target price is $10.00.
